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Drive Shack, Inc. engages in the management of golf-related leisure and social entertainment venues and courses. It operates through the following segments: Traditional Golf Properties, Entertainment Golf Venues, and Corporate. The Traditional Golf Properties segment manages and owns golf properties. The Entertainment Golf Venues segment plans to open a chain of golf, competition, dining, and fun. The Corporate segment consists of securities and other investments and executive management. The company was founded in June 2002 and is headquartered in Dallas, TX.
This entertainment company isn't growing like investors hoped.
Residential Investment Corp. has an outstanding earnings record since the company was spun off from Newcastle Investment Corporation last year.
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