WINNIPEG, April 25, 2019 /CNW/ - Pollard Banknote Limited (TSX: PBL) ("Pollard Banknote") is pleased to announce a two-year extension to its instant ticket manufacturing contract with Loto-Québec. The extension commenced February 1, 2019, and will allow the company to continue its role as the Lottery's primary instant lottery ticket supplier, which it has been since 2014.
Pollard Banknote has partnered with Loto-Québec to create high performing instant games since 1989, initially through an agreement with Canada's Interprovincial Lottery Corporation ("ILC"). Over the past three decades, Pollard Banknote has worked closely with the Lottery, gaining an understanding of their production requirements and unique market considerations, and leveraging this expertise to develop innovative products that align with Loto-Québec's exacting requirements.
Most recently, Loto-Québec selected three of Pollard Banknote's wide range of industry-leading print innovations to enhance its Multiplicateur Surprise ticket and the X L'Argent family of games. Multiplicateur Surprise takes advantage of Pollard Banknote's exclusive Flip Scratch™ format, allowing players to snap open windows to reveal variable imaging on the back side of each window, and a scratch area that covers additional play symbols. The Lottery's $2 10x L'Argent and $5 20x L'Argent combine two eye-catching innovative features on one ticket—Pollard Banknote's patented Scratch FX® product and neon inks. This Winning Combination™ brings together the unmistakable shimmer and shine of Scratch FX®, with the bold glow of neon ink that makes these tickets pop at retail.
"We are pleased to extend our agreement for instant lottery tickets with Pollard Banknote. We have established a successful working relationship and continue to be impressed with the company's innovative printing processes that help keep our retail market stocked with fresh and modern-looking tickets," said Marie-Claudel Lalonde, Senior Director, Strategy & Marcom, Loto-Québec. "We look forward to continue building on our strong and collaborative working relationship to bring players in Québec the most entertaining and engaging instant tickets available."
"Pollard Banknote is thrilled to continue working as the primary supplier of instant lottery tickets for Loto-Québec," said Michelle Annandale, Vice President, International Sales & Marketing, Pollard Banknote. "As the leading instant ticket vendor in Canada, we are pleased to maintain our strong relationship with the Lottery, drawing on our extensive experience and specialized expertise to develop unique and innovative products that meet the specific needs of the Québec marketplace."
Loto-Québec's mission is to responsibly and efficiently manage games of chance in a controlled and measured fashion, in the interest of all Quebecers. In fiscal year 2017-2018, Loto-Québec's contribution to the Ministère des Finances reached $1,310.5 million. These funds help support major government programs in health, education and infrastructure sectors, as well as pay down the provincial debt. For more information, visit https://loteries.lotoquebec.com/en
About Pollard Banknote
Pollard Banknote is a leading lottery partner to more than 60 lotteries worldwide, providing high quality instant ticket products, licensed games, Schafer Systems retail merchandising solutions, and a full suite of digital offerings, ranging from game apps to comprehensive player engagement and iLottery solutions, including strategic marketing and management services. 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 provides pull-tab tickets, bingo paper, and its Diamond Game and Oasis-branded electronic ticket machines to charitable and other gaming markets in North America. Established in 1907, Pollard Banknote is owned approximately 67.5% by the Pollard family and 32.5% 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: Doug Pollard, Co-Chief Executive Officer, E-mail: [email protected]; John Pollard, Co-Chief Executive Officer, E-mail: [email protected]; Rob Rose, Chief Financial Officer, E-mail: [email protected]; Pollard Banknote Limited, Telephone: (204) 474-2323