Economic Impact of the 88th Masters from Augusta National

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00:00Sports Press, Rick Horowitz, another $1.3 trillion business of sports, with your Masters

00:10in it, the business of golf generally, very, very good.

00:14Here at Club Magnolia across Washington Road from Augusta National, this is an example

00:18of the economic impact that's generated as America comes to Georgia and the world.

00:24The $5 billion impact of the golf business in Georgia ranks fifth of every state in the

00:30country, specifically $120 million to $140 million of impact in the Augusta region for

00:35the tournament.

00:36In fact, the three top golf companies that made golf carts in the world, Newnan and Augusta,

00:43Georgia, within a 25-mile radius, but it's more than that.

00:46It's the hotel occupancy at 120 percent, the new hotels and establishments and restaurants

00:51coming up everywhere around Washington Road.

00:54It's not just because of the tournament, but because of the impact and brand generated

00:59by the event.

01:00It's like none other.