The Littlefield Corporation operates through its subsidiaries, Littlefield Entertainment, Littlefield Hospitality, and Littlefield Real Estate.

Littlefield Entertainment

This segment is comprised of 31 charitable bingo businesses where the Company acts as lessor or promoter on behalf of a charity. Of these 31 bingo halls, seventeen (17) are in Texas, three (3) are in Alabama, and eleven (11) are in South Carolina. The total segment comprised approximately 61% of the Company’s total revenues in 2005. Of the 17 halls in Texas, one is a new acquisition hall in San Angelo purchased in October of 2005. In the last three years, Littlefield Entertainment halls have raised over $10 million for numerous charities, including volunteer fire departments, fraternal orders of police, homeless shelters, alcohol abuse prevention organizations, and various other very worthy charities.

Littlefield Hospitality

In the last quarter of 2000, we began a diversification of our business with the acquisition of Austin Tents and Events, and with the purchase of Premiere Party Rental and Word of Mouth Custom Catering in the summer of 2001. These combined businesses had average revenue of approximately $4,500,000 per year and operated in the central Texas area in and around Austin, Texas. The companies engaged in the party rental business, catering, and installation of tents for events, parties, weddings, festivals, etc. as well as a small amount of event planning (music, flowers, catering, etc.). Revenues comprised 38% of total gross revenues in 2005. The Company has also invested in an effective sales and marketing infrastructure focused on cross-selling of brands and services; quality control, and enhanced customer service to increase repeat business and target new areas of business.

Littlefield Real Estate supports other units of the company through strategic real estate acquisitions. For example, Littlefield Real Estate owns two shopping centers, one in West Columbia, South Carolina, and the other in Abilene, Texas, in which two of the company's charitable bingo halls operate. This unit also owns Littlefield's Austin headquarters building and holds the mortgage on a wedding and event venue near Austin.