{"id":3964,"date":"2020-04-24T10:25:26","date_gmt":"2020-04-24T10:25:26","guid":{"rendered":"https:\/\/www.planet7casino.com\/?p=3964"},"modified":"2024-02-23T10:53:26","modified_gmt":"2024-02-23T10:53:26","slug":"the-consequences-of-pga-tour-allowing-on-site-betting-2020","status":"publish","type":"post","link":"https:\/\/www.planet7casino.com\/gambling-news\/the-consequences-of-pga-tour-allowing-on-site-betting-2020\/","title":{"rendered":"The Consequences of PGA Tour Allowing On-Site Betting 2020"},"content":{"rendered":"\n
Since it was ruled out by the Supreme Court in 2018, multiple states are beginning to shift their attitude towards legalizing sports betting. With the PGA Tour now in full swing, fans will now have the opportunity to place in-game bets on the various tournaments<\/a> taking place. <\/p>\n\n\n\n Commissioner\u00a0 Jay Monohan explained the development of betting products in conjunction with IMG Arena. Though it has not yet been established what these will be. All of the information regarding how gambling will be regulated, along with what measures will be in place to prevent match-fixing will be announced by the PGA in the upcoming weeks.\u00a0\u00a0<\/p>\n\n\n\n NBA and other major league football games remain the vanguard of sports gambling since it was legalized throughout 14 states. More and more look to do the same and prepare for the key sporting seasons of 2020. And the PGA said it will plan to take full advantage of any new gambling opportunities<\/a> that arise in the meantime.\u00a0<\/p>\n\n\n\n Officials are also pondering the question as to what the initial betting markets will be, as well as the estimated returns they can expect once it\u2019s all over. This is a point which the PGA has so far not been able to address. Rather than discussing any transparent financial benefits that in-game wagering will bring, Monahan seemed to stick firmly to a tangent that implied \u201cit\u2019s all about engagement.\u201d <\/p>\n\n\n\n Senior vice president of the PGA, Andy Levinson, emphasized the shared consensus that to not allow betting on the sport would be a wasted opportunity. Especially when there are 30,000 shots in golf matches every week. In comparison to soccer or basketball, that\u2019s a huge sum of possibilities for bettors.\u00a0<\/p>\n\n\n\n \u201cGolf is a tremendous untapped resource for sports bettors. The betting opportunities in a round of golf<\/a> far exceed any other sports,\u201d said Levison. He also said that he expects there to be a particular focus on 3-par holes, which will include live video coverage to give bettors a better glimpse of real-time action. <\/p>\n\n\n\nNew Gambling Opportunities<\/strong><\/h2>\n\n\n\n
Striking While the Iron is Hot<\/strong><\/h2>\n\n\n\n