LOS ANGELES, Dec. 19, 2017 /CNW/ - Diamond Game Enterprises, Inc. ("Diamond Game", "Company"), a wholly-owned subsidiary of Pollard Banknote Limited, is pleased to announce a two-year extension to its Managed Services Agreement to provide, install, manage, operate, maintain and support the Break Open Ticket ("BOT") dispensers and system for the Ontario Lottery and Gaming Corporation ("OLG"). The dispensers launched in November 2012 in Ontario Charitable Gaming Centres ("CGCs") as part of OLG's Charitable Gaming Revitalization initiative. Under this agreement, Diamond Game will continue to provide the OLG with BOT system managed services until November 24, 2019.
The OLG'S Charitable Gaming Revitalization program was designed to revitalize the province's Charitable Bingo and Gaming industry. To achieve this, new products and technologies have been introduced that have invigorated the traditional charitable gaming experience. The new products include Electronic Bingo, Play On Demand, and Diamond Game's BOT dispensers, branded as Tap Tix in the community. Under the program, 31 CGCs have raised more than $175 million in revenue for local charities and their communities. Diamond Game Tap Tix dispensers are a significant contributor to this success.
"We are very proud of our relationship with OLG," said Bill Breslo, President of Diamond Game. "I commend the OLG on the Charitable Gaming Revitalization initiative and am especially proud of the part our product plays in supporting the many charities that benefit from Charitable Gaming in Ontario."
Thus far, over 900 Diamond Game Tap Tix dispensers have been installed in 31 Charitable Gaming Centres.
"We are excited to continue our relationship with Diamond Game," said Rick Gray, Vice President, Charitable Gaming at OLG. "The Tap Tix dispensers provided by Diamond Game have been such an integral part of our initiative and I am truly enthusiastic about their further contribution to our CGCs and industry."
About Diamond Game
Diamond Game designs, produces, and services games, gaming systems, and tickets for the public gaming, Native American, and charity markets. Diamond Game maintains its corporate headquarters in Los Angeles, California and service facilities in Hamilton, Ontario, and Jefferson City, Missouri. Learn more about Diamond Game at www.diamondgame.com.
About Pollard Banknote
Pollard Banknote is a leading lottery partner to more than 60 lotteries worldwide, providing high quality instant ticket products, licensed games and strategic marketing and management services for both traditional instant games and the emerging iLottery space of web, mobile and social channels. The company is a proven innovator and has decades of experience helping lotteries to maximize player engagement, sales, and proceeds for good causes. Pollard Banknote also plays a major role in the charitable pull-tab and bingo markets in North America. Established in 1907, Pollard Banknote is owned approximately 73.5% by the Pollard family and 26.5% by public shareholders and is publicly traded on the TSX (PBL). For more information, please visit our website at www.pollardbanknote.com.
Certain statements in this press release may constitute "forward-looking" statements and information, which involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. When used in this document, such statements include such words as "may," "will," "expect," "believe," "plan," and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this document. There should not be an expectation that such information will in all circumstances be updated, supplemented, or revised whether as a result of new information, changing circumstances, future events, or otherwise.
SOURCE Pollard Banknote Limited
For further information: Bill Breslo, President - Diamond Game, E-mail: [email protected], Telephone: (818) 727-1690 ext. 203; Sara Navidazar, Director of Marketing - Diamond Game, E-mail: [email protected], Telephone: (818) 727-1690 ext. 206; Doug Pollard, Co-Chief Executive Officer - Pollard Banknote Limited, E-mail: [email protected], Telephone: (204) 474-2323