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X-Golf Entertainment plans to launch Middle East’s first large-scale urban golf club and sports bar
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Company’s technology allows participants to play 18 holes on the world’s top courses
Global investment firm Dale Ventures has acquired a majority share in Dubai-based X-Golf Entertainment and will support the company launch its flagship urban golf club venue later this year.
X-Golf’s technology was developed in South Korea in 2005 and has since transformed the world of virtual sports. With over 15 years of research and development behind them, the company’s golf simulators allow participants to play 18 holes on the world’s top courses with 98 percent accuracy in ball flight simulation.
This accuracy also combines with swing analysis software that allows the simulators to be used as precision training tools and private golf lessons.
Thousands of simulators have been sold globally in the last decade.
In the US, X-Golf America is celebrating the opening of its 29th franchise, which delivers sport, drinks and entertainment to amateurs and experts alike. The company is set to open another 21 venues by the end of 2021.
Following suit, X-Golf Entertainment has an ambitious vision for growth across the Middle East, with plans to launch the region’s first large-scale urban golf club and sports bar, along with a fleet of luxury residential and commercial projects in the hospitality and tourism industries. Dale Ventures’ investment will enable the company to execute its vision and capitalize on the sport’s increasing popularity in the Middle East.
Dale W. Wood, founder and CEO of Dale Ventures, said the opportunity to invest in X-Golf’s forward-looking combination of technological innovation and expanded access to a sometimes-elusive sport was one he could not let pass him by.