‘Bingo king’ is on a winning streak

Jun 25, 2002 4:10 AM

Joe Valandra has good reason to smile. The chairman and CEO of BK Entertainment Inc. is the world’s leading supplier of bingo-related products, including those multi-colored daubers that are found everywhere throughout Las Vegas. Nationwide, the bingo industry generates nearly $10 billion in gross spending.

In Las Vegas, bingo parlors have become big business with many casinos offering around the clock sessions, as well as massive jackpots and progressives prizes. Valandra’s products are displayed yearly in Las Vegas’ annual industry trade show.