s = "BINGO"
print(s.replace("", " ")[1: -1])
Timings below
$ python -m timeit -s's = "BINGO"' 's.replace(""," ")[1:-1]'
1000000 loops, best of 3: 0.584 usec per loop
$ python -m timeit -s's = "BINGO"' '" ".join(s)'
100000 loops, best of 3: 1.54 usec per loop