BetMGM and the PGA Tour Officially Sign New Partnership

The popularity of sports betting is growing every single year. With the PGA Tour now up and running, golf fans around the country are starting to place their bets on different events. News has just broken that BetMGM and the PGA Tour have signed a new partnership agreement.PGA Tour Logo

Officials within the PGA clearly recognize how popular sports betting has become. The world’s top golf league is choosing to embrace this industry, rather than push against it. Today, we’re going to look at what this partnership means for the sport moving forward.

Let’s get into it!

PGA Events Have Resumed Without Crowds

Professional golf, like all other sports, was forced to shut down back in March. It didn’t take long for PGA officials to start looking at ways to resume the regular schedule. As the weeks went on, it became clear that this was no easy task.

Between March 15th and June 14th, the PGA was forced to cancel eight major events. Health experts warned that starting too soon would put players at risk. Eventually, a plan was established to safely hold major PGA events without crowds in attendance.

In mid-June, the PGA finally held its first return event. Things went smoothly and the PGA Tour is now back to holding tournaments on a regular basis. It’s still unclear when exactly fans will be allowed to attend these games. For now, many are enjoying betting on the games from home.

There are still some exciting events scheduled to take place over the next couple of months. On August 9th, for example, the highly-anticipated PGA Championship is being held. It’s the first Major Championship put on in months and many are excited to see who comes out on top.

News is now starting to come out that the PGA Tour is teaming up with a major betting platform.

BetMGM and the PGA Tour Deal Have Agreed to a Deal

Sports betting is growing every single year. Since PASPA was removed in May of 2018, 24 states have officially passed laws to legalize and regulate this form of gambling. Even in states with a regulated sports betting platform, this form of gambling is surging.

Some of the country’s top sports leagues now recognize that fact. More are choosing to embrace this industry. That certainly includes the PGA Tour, which has just announced a new partnership with BetMGM.

BetMGM is one of the country’s top regulated sports betting platforms. It’s currently available in seven different states and offers a wide range of different golf betting options. This online sports betting app will continue becoming in states with regulated markets as time goes on.

This deal between BetMGM and the PGA Tour is exciting for several reasons. Moving forward, the MGM betting app will have permission to use PGA’s logo and can begin using official PGA highlights and betting programming. Norb Gambuzza, PGA TOUR Senior Vice President, Media and Gaming, spoke about this new partnership to the media this week.

“BetMGM is part of a premium brand that is deeply connected to golf through sponsorship of various PGA TOUR players and tournaments,” he said. “Through the power of the BetMGM brand and resources, this new relationship will help accelerate our sports betting strategy, and enable the TOUR to reach new fans and further engage current fans who enjoy betting on golf.”

This is a good time to be a golf fan. Unlike the MLB and NBA, this league seems to be moving along smoothly right now. Soon, a number of unique wagering options will become available on different PGA events.

Here’s a look at some of the big golf tournaments coming up.

PGA Events to Look Forward To

Most of the sports that are able to operate right now are thriving. That certainly includes golf. Television ratings for major PGA events are higher now than they have been in many years. Most expect this trend to continue for weeks to come.

Below are some of the PGA events scheduled to take place over the next few months.

PGA Championship: August 9th

Wyndham Championship: August 16th

The Northern Trust: August 23rd

BMW Championship: August 30th

US Open: September 20th

Obviously, the events on August 9th and September 20th are the ones that fans are most looking forward to. Both are Major Championships and will feature some of the world’s best players. Even the best betting experts are having a difficult time predicting who will win.

For fans in certain states, the BetMGM and PGA Tour deal will be very exciting. Fortunately, some great online sportsbooks are available even in states without a regulated sports betting market.

Which PGA event are you looking forward to the most this summer? Do you plan on betting on any tournaments? Let us know in the comments section below!

James Adducci Won A $1.19 Million Bet on Tiger Woods

Sometimes, gambling is not only based on luck and requires some skills in order to maximize the probability of winning the main prize. In fact, there is a clear division on games of luck and games of skill, although games of skill often include the luck factor. But where does sports betting belong?

Betting on sports certainly requires that you know a lot about the sport that you bet on in order to make the most out of it, but the real fun begins when you step into the unknown and start placing bets that you wouldn’t usually place. In fact, there are two types of bettors – those who like to play it safe and those who like to play it bold. Which one of them is James Adducci?

Mr. Adducci has been the main focus of the news for the last couple of days. Gold magazines, sports magazines, and sports betting platforms all wanted to find out more about this punter and his background, as he managed to win a total of $1.19 million on a bet he placed. Let’s take a closer look at that bet and how James decided to place it.

Adducci’s Bet

The Masters Sunday tournament wrapped up with Tiger Woods being the winner, but it seems he wasn’t the only one celebrating his victory, as James Adducci also managed to profit from his success. Namely, Adducci decided to place a wager on Tiger winning the tournament, investing a total of $85,000 for a single bet. He managed to turn it into a lucrative sum which made Adducci a millionaire overnight as SLS Las Vegas Hotel & Casino paid him his prize of $1,190,000.

Adducci placed the bet on Tuesday, April 9. The odds for Tiger Woods winning the tournament was set at 14/1 (which is +1400). Adducci chose William Hill Sports Book which was a part of SLS Vegas. The win that the lucky punter managed to achieve was the single highest payout that the William Hill Sportsbook made on a bet placed on golf. People bet on golf often, but other sports are way more popular among active enthusiasts, who mainly bet on basketball, soccer, horseraces, hockey, baseball, football, and more.

Paul Hobson is the President and General Manager at SLS Las Vegas, and he stated that they were very excited to see such a life-changing bet taking place there. Furthermore, he added that their partnership with William Hill sportsbooks was an important part of their growth strategy and that they enjoyed the thrills that came with sports betting services.

Nick Bogdanovich, the US Director of Trading at William Hill, stated that it was great to see Tiger Woods coming back, but that it was a ‘painful’ day for William Hill as they had to pay such a big prize to the lucky winner.

SLS Las Vegas did a great job partnering up with William Hill, which is currently one of the most popular sportsbooks in the world. Together, the two companies offer state-of-the-art wagering technologies which are designed in such a way that all guests could enjoy the sports betting offer. All guests of the sportsbook also have access to the cutting-edge mobile betting platform which is currently available for all Android, iPad, and iPhone devices. The land-based sportsbook also features a huge HD video wall where sports lovers will be able to watch their favorite sports events and place bets in an entirely automated in-play wagering environment.