<PAGE>
PROSPECTUS SUPPLEMENT RULE 424(B)(3)
(TO PROSPECTUS, DATED DECEMBER 16, 1997) REGISTRATION NO. 333-40693
FAMILY GOLF CENTERS
1,169,637 Shares of Common Stock
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None of the share figures in this Prospectus Supplement have been adjusted
to give effect to a three-two stock split in the form of a stock dividend
declared on April 2, 1998 to holders of record of the Common Stock on
April 20, 1998.
This Prospectus Supplement relates to the offering or offerings, if any,
that may be made form time to time of up to 1,169,637 Shares (the "Shares") of
common stock, par value $.01 per share (the "Common Stock"), of Family Golf
Centers, Inc., a Delaware corporation (the "Company"), by, or for the accounts
of, the holders thereof (the "Selling Security Holders"). This Prospectus
Supplement reflects a change in information as to the names of or amounts owned
by certain Selling Security Holders from that set forth in the Prospectus. See
"Selling Security Holders" and "Plan of Distribution."
The following table sets forth certain information, as provided by the
Selling Security Holders named below, with respect to the Shares held by such
Selling Security Holders. This information was accurate as of the date such
information was provided to the Company. The amounts may have increased or
decreased since the date such information was provided. Any or all of the
Shares listed below may be offered for sale by the Selling Security Holders
from time to time and therefore no estimate can be given as to the number of
Shares that will be held by the Selling Security Holders upon the termination
of this offering (except that in each case, such number will represent less
than 1% of the Common Stock outstanding, unless otherwise indicated). The
"Number of Shares of Common Stock Owned Before the Offering" listed below
includes the "Number of Shares Issuable upon Exercise of Warrants or Options"
for each Selling Security Holder. The Selling Security Holders listed in the
table have sole voting and investment powers with respect to the Shares
indicated.
<TABLE>
<CAPTION>
NUMBER OF
NUMBER OF SHARES SHARES ISSUABLE NUMBER
OF COMMON STOCK UPON EXERCISE OF OF
OWNED BEFORE WARRANTS OR SHARES
NAME OF SELLING SECURITY HOLDER THE OFFERING OPTIONS OFFERED
- ------------------------------ ---------------- ---------------- -------
<S> <C> <C> <C>
Claude Lemieux 3,334 0 3,334
Howard Silber 833 0 833
Keren, Nachalat, Yaacor, Inc. 8,133 0 8,133
</TABLE>
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION, NOR HAS THE
SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION
PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
The date of this Prospectus Supplement is May 14, 1998.
