What Drive Shack does

Drive Shack Inc., now operating as Golf Entertainment Group Inc. (ticker GLFE on OTCQB), is a US-focused, publicly traded golf-related leisure and entertainment company headquartered in Stamford, Connecticut (with a Dallas, Texas reference also on file). The company operates a three-brand portfolio targeting distinct consumer segments within golf and social entertainment. American Golf is the largest segment, owning, leasing, and managing 42 traditional public, private, and municipal golf courses with more than 45 years of operating history in agronomy, golf operations, retail, event sales, and clubhouse services. Drive Shack operates three technology-enabled golf entertainment venues built around TrackMan-powered hitting bays, interactive games, and full-service food and beverage. Puttery is a chain of 10 modern indoor mini golf locations combining immersive themed courses, elevated food and beverage, and an adult social atmosphere aimed at corporate groups and casual entertainment seekers.

Revenue is generated primarily through traditional golf operations, which produced $258.1 million in FY2025 (+2.5% YoY) and $62.7 million in Q1 2026, supplemented by entertainment venue revenue from Drive Shack and Puttery. FY2025 total revenue was $343.9 million versus $343.6 million in 2024, Q1 2026 revenue was $76.6 million versus $74.6 million in the prior-year period, and the operating loss narrowed from $26.6 million in 2024 to $13.8 million in 2025. Cash and restricted cash stood at $34.9 million as of Q1 2026 against $11.3 million of FY2025 capex. The customer base is fully US-domestic and broadly diversified B2C across golfers, social/corporate groups, and casual entertainment seekers, with American Golf reporting more than 32,000 members and 3.6 million rounds played in 2025. In December 2025 the company completed a 1-for-100 reverse stock split and rebranded to Golf Entertainment Group Inc., followed by an OTCQB uplisting in January 2026 under the GLFE ticker.

Name

Drive Shack

Legal name

Drive Shack Inc.

Website

https://ir.driveshack.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

Drive Shack (now Golf Entertainment Group Inc., GLFE) operates 42 American Golf traditional courses, 3 Drive Shack tech-enabled entertainment venues, and 10 Puttery indoor mini golf venues across the US, generating $343.9 million in FY2025 revenue from golf operations, entertainment, and hospitality.

Ownership category

akta.pro rank

Product category

Golf Entertainment & Leisure Hospitality

NAICS

Golf Courses and Country Clubs (71391), Recreational Goods Rental (532284)

SIC

Services-Miscellaneous Amusement & Recreation (7990), Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Golf Courses & Golf Facilities (MPAKAEAD)

akta.pro secondary industry

Golf Equipment, Apparel & Pro Shop Retail (CRAMABAG)

Keywords

• Golf entertainment venues
• Golf course management
• Indoor mini golf
• Golf hospitality services
• Social golf experiences

Headquarters

HQ city

Stamford

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Distribution channels3 records

Marketing channels2 records

Core offering

Drive Shack Inc. (now Golf Entertainment Group Inc.) owns and operates golf-related leisure and entertainment businesses across the United States through three core brands. American Golf owns, leases, and manages traditional public, private, and municipal golf courses and country clubs. Drive Shack operates multi-level driving range venues featuring TrackMan-powered hitting bays, interactive games, full-service food and beverage, and year-round events. Puttery is a modern indoor mini golf concept combining immersive themed putting courses with elevated food and beverage offerings.

Product overview

Drive Shack (now Golf Entertainment Group Inc.) is a golf-related leisure and entertainment company operating three distinct brands: American Golf manages traditional golf courses and country clubs nationwide; Drive Shack provides technology-enabled golf entertainment venues with TrackMan-powered hitting bays; and Puttery offers immersive indoor mini golf experiences. The company generates revenue through golf operations, hospitality services, and entertainment experiences across 42 traditional golf properties, 10 Puttery venues, and 3 Drive Shack venues as of Q1 2026.

Differentiator

Problem solved

Functional benefit

Brands

• Drive Shack: Social golf entertainment through multi-level driving range locations featuring interactive games, TrackMan powered technology, full service food and beverage, and year-round events for groups of all sizes.
• American Golf
• Puttery

Products and services

• American Golf
• Drive Shack
• Puttery

Quantifiable outcome

• Served more than 32,000 members and over 3.6 million rounds played in 2025
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators13 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Puttshack: Puttshack operates immersive indoor mini golf venues with elevated food and beverage offerings, directly competitive with Puttery. Both target the same adult social entertainment segment in major US markets.
• Swingers: Swingers operates indoor crazy golf venues with cocktails and food, originally launched in London and now expanding into the US. It is a direct competitor to Puttery in the elevated indoor mini golf category.
• KemperSports: KemperSports manages golf courses, clubs, and destination resorts across the US, providing management services comparable to American Golf's offerings. Both serve public, private, and municipal golf properties.
• Arcis Golf: Arcis Golf is a third-party owner and operator of golf clubs and courses across the US, directly comparable to American Golf's golf course management business. Both serve public, private, and municipal properties.
• Five Iron Golf: Five Iron Golf operates indoor golf venues combining simulators, food, beverage, and social spaces. It competes with Drive Shack and Puttery for the urban indoor golf entertainment customer.
• Topgolf: Topgolf is the leading tech-enabled golf entertainment venue operator and the most direct competitor to Drive Shack's entertainment concept. Both compete for casual, social golfers through multi-level hitting bays with tracking technology and F&B offerings.
• Invited (formerly ClubCorp): Invited is the largest owner and operator of private golf and country clubs in the US, comparable to American Golf's traditional golf operations. Both manage golf properties offering memberships, F&B, and clubhouse amenities.

Emerging players

• PopStroke: PopStroke is an emerging outdoor mini golf entertainment concept with a putting-themed course and F&B offerings, partially overlapping with Puttery's indoor mini golf model. Both target social entertainment occasions.
• X-Golf: X-Golf operates indoor golf simulator venues and entertainment centers, with some overlap with Drive Shack's tech-enabled golf entertainment concept. Both bring technology into golf entertainment experiences.

Broad incumbents

• Troon Golf: Troon is a large, established golf management company operating more than 600+ facilities worldwide. Its club management and agronomy services are broadly comparable to American Golf's operations although Troon operates at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/driveshack

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Drive Shack