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Bingo World (PTY) Ltd. Awarded Distributor License for Guateng Province of South Africa10 May 2000MINNEAPOLIS, MN - JOHANNESBURG, South Africa, May 9 (Press Release) - The Guateng Gambling Board has issued a license for the distribution and manufacture of bingo products in the province of Guateng to Bingo World (PTY) Ltd. Bingo World, a joint venture between USA-based BK Entertainment, Inc. and the South African-based Kramer Group, is dedicated to the distribution of bingo products and the management of bingo hall operations throughout the African continent. It is located in Johannesburg. "We are confident that the significant time and effort it took to obtain a distributor license for the Guateng province is well worth it," said Joseph M. Valandra, Chairman and Chief Executive Officer of BK Entertainment, Inc., USA. "This license serves as the foundation for planned growth of the game of bingo in Africa. The Guateng Gambling Board has given us their vote of confidence that we will supply their citizens with the very best of bingo products." "The issuance of this particular distributor license means we can commence a concentrated effort to improve the operation of the game of bingo in South Africa," stated Raymond C. Kramer, CEO of Bingo World (PTY) Ltd. "Not only does it allow us to expand our presence in South Africa, but it sets the groundwork for expansion and improvement throughout the African continent." BK Entertainment, Inc., the world's largest manufacturer of bingo products, manufactures approximately 44 billion bingo cards and pull-tabs per year with worldwide distribution in 27 countries around the globe. The Kramer Group has had an active involvement in African gaming for many years. For more information about Bingo World (PTY) Ltd. products, services, and hall management operations, call 1-800-952-9966 in the USA. |