WALTERS GOLF

WALTERS GOLF INSIDER - FALL 2014

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In the neWs > C L I C K H E R E T O V I S I T D E S E R T P I N E S G O L F C L U B texas-based group buys venerable Vegas track T here's a changing of the guard in Las Vegas, as Walters Golf has recently sold Desert Pines Golf Club to a Texas-based investment firm. Effective from August 1, 2014, the Dye Designs course is now owned by Arcis Equity Partners and will be managed by Eagle Golf Management. "Though we no longer own the course, we are proud of the legacy we're leaving behind," said Mike Luce, Walters Golf President. "We couldn't be happier with the new owners, and we're confident the new management of Eagle Golf will continue to elevate the quality of golf in Las Vegas." Walters Golf had owned and op- erated Desert Pines Golf Club since its opening in 1996. Arcis plans a multi-million dollar capital improvement project over the next 18 months and day-to-day operations will be handled by Eagle Golf Management, which has man- aged municipal, public and private courses throughout the country since 1984. "Our sustained success is the di- rect result of a deep understanding of the golf industry and a constant eye on the future of the game," said Eagle Golf Management CEO Joe Munsch. "Our track record speaks for itself. The facilities we manage are consistently recognized as the best in their market for course conditions, available ameni- ties and customer service." The company currently manages 30 golf courses, most in Texas and the Midwest. Desert Pines was one of three distinctive courses operated by Walters Golf. It was designed to emulate the sandhills courses found in the Carolinas, with thou- sands of mature pine trees. Walters Golf still manages the tropically-themed Bali Hai Golf Club on the Las Vegas Strip, as well as the Royal Links Golf Club, which offers a collection of marquee holes inspired by British Open courses. "Walters Golf would like to thank all of its valued guests and assure them that their Vegas Preferred ben- efits will gladly be honored at Royal Links and Bali Hai," said Corporate Vice President of Marketing for Walters Golf Josh Hill. "Though we no longer own the course, we are proud of the legacy we're leaving behind." MIKE LUCE, WALTERS GOLF PRESIDENT Desert Pines Golf Club. BooK a tee tIMe end of an era: Walters Golf sells desert PInes

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