Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

The Real Economic Impact of Golf

By Nikhil Hutheesing - 2013-07-26T21:13:08Z

Photograph by Brendan Smialowski/AFP via Getty Images

Company Symbol % Change
9 of 14

Associations

 Associations such as the USGA, Golf Course Superintendents Association of America and the PGA of America update members on new golf rules, along with providing job and retirement benefits, certifications and other services. The rules can be serious or, to observers, quizzical. A new rule coming courtesy of the USGA and the Royal & Ancient Golf Club in St. Andrews, Scotland, bans players from anchoring a putter to the belly, chest or any other part of the body. Anchoring, the governing bodies say, may give some players an advantage and also threatens to supplant traditional strokes. The ban is set for Jan. 1, 2016; it may be delayed for amateurs until 2024. Revenue from professional associations was $554 million in 2011, up from $464 million in 2005, according to SRI.

Revenue of Professional Golf Associations: $554 million

Advertisement