Business Now: Bingo biz bouncing back
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There’s a big bingo business in Austin that’s getting a bit of a re-lift.
Click here to read more about this story in the Austin Business Journal.
Austin Business Journal Editor Colin Pope said Littlefield Corporation owns about 38 bingo halls around the country, bringing in $9 million in profits last year.
While the revenue is nothing to shrug at, the company has still taken a hit the past several years, even netting a $1 million loss in 2011.
The losses prompted a stakeholder meeting and now the company has a new CEO and board of directors. Find out more in this edition of “Business Now” in the video above.