Littlefield Corporation began as American Bingo & Gaming Corporation formed in 1994 as a Delaware corporation to pursue the development, ownership and operation of charitable bingo halls in Texas and Alabama, and the operation of legalized gaming enterprises.
After going public in December, 1994, the Company expanded into Florida in 1995, and into South Carolina in 1997.
The Company’s move into South Carolina was a result of the acquisition of several bingo halls and two gaming operations. As a result of legislative action and a mandate of the South Carolina Supreme Court, the South Carolina gaming operations were ceased on June 30, 2000 while charitable bingo operations continued
During the same time period, the Company entered into a variety of expansion efforts in Texas, Alabama and South Carolina. These efforts were largely unsuccessful and resulted in the expenditure of substantial sums of the Company’s capital. During the early years the Company had multiple changes in leadership with numerous presidents or CEOs and changes in the board of directors.
During 1998, the Company made the first successful acquisitions it had in some time, purchasing eight bingo centers in Texas. These acquisitions were properly executed and represented the model for such acquisitions as the Company’s focus returned to growing its charitable bingo business
In 1999, the Company underwent a major reorganization, involving an overhaul of the management and in June 2000 changed its name to Littlefield Corporation.
During the period from approximately 2001 to 2009, the Company also pursued its Littlefield Hospitality segment comprised of event rental and catering businesses which were sold and the focus then returned solely to charitable bingo.
The Company has continued to pursue growth mainly through acquisitions and organic growth at existing locations. Since 2006 the Company has acquired approximately ten bingo halls in South Carolina
The Company has one operating segment Littlefield Entertainment which operates charitable bingo halls in Texas, South Carolina, Alabama and Florida. Littlefield’s focus is to grow this aspect of its business.