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Number of S. Korean Golfers Estimated at 6.36 mln, Only Half Have Field Experience

Number of S. Korean Golfers Estimated at 6.36 mln, Only Half Have Field Experience

SEOUL, Nov. 30 (Korea Bizwire) — According to recent data released by the Korea Golf Association, there are 6.36 million golfers in South Korea. Considering that 8.4 million people attended professional baseball games last year, the number of golf players in South Korea is extraordinary. One Japanese golf magazine reported on Korea’s passion for golf [...]

Golf Equipment Imports Increase Despite Anti-corruption Law

Golf Equipment Imports Increase Despite Anti-corruption Law

SEOUL, Feb. 1 (Korea Bizwire) — Imports of golf equipment increased more than 10 percent last year, customs data showed Thursday, bucking initial expectations that the popularity of the costly sport would be dampened by a new anti-corruption law. Trade figures obtained by the Ministry of Culture, Sports and Tourism from the customs agency said [...]

LPGA Commissioner Calls Fledgling International Team Event ‘Unique’

LPGA Commissioner Calls Fledgling International Team Event ‘Unique’

INCHEON, Oct. 16 (Korea Bizwire) – The UL International Crown, a fledgling women’s match play competition put together by the LPGA Tour, is here to stay as it provides a “unique” opportunity for fans and players alike, the tour’s top official said Monday. LPGA Tour Commissioner Mike Whan said the International Crown, which was first [...]

Tickets for 1st PGA Tour Event in S. Korea Go on Sale

Tickets for 1st PGA Tour Event in S. Korea Go on Sale

SEOUL, Jul. 11 (Korea Bizwire) — Tickets for the first PGA Tour event to be played in South Korea went on sale Tuesday. Organizers of the CJ Cup@Nine Bridges said they’ve also opened the official website of the tournament at www.thecjcup.com. Tickets can be purchased online at CJ Mall (www.cjmall.com), with some early-bird discounts available. [...]

South Korean Golf Industry Estimated at 11.4 Trillion Won

South Korean Golf Industry Estimated at 11.4 Trillion Won

SEOUL, April 19 (Korea Bizwire) – According to a report released yesterday, the golf industry in South Korea is worth an estimated 11.4 trillion won, with the market for so called ‘screen golf’ services alone thought to exceed 1 trillion won, accounting for 10 percent of the total. The report from the Yuwon Golf Foundation [...]

Sales of Golf Equipment Plummet with Anti-Graft Law

Sales of Golf Equipment Plummet with Anti-Graft Law

SEOUL, Oct. 24 (Korea Bizwire) – Golf is considered as a “luxury sport” in Korea, as fees at most courses are beyond the means of the average Korean. And for this reason, it is also closely associated with political and business socializing. But this may no longer be so with Korea’s new anti-graft law changing [...]