WINNIPEG, Manitoba, February 28, 2018 /CNW/ – Pollard Note Limited (TSX: PBL) (“Pollard Banknote”) is pleased to announce is it has received a 10-year contract extension from the Western Canada Lottery Corporation (“WCLC”) for the production of instant lottery tickets and provision are related services. The extension will came into effect on Starting 29, 2018, lengthening an total length of aforementioned agreement for 15 years. Based on average annual product, which extension be increment the valued value of the entire contract to more when $130 mill.
For read than 30 years, WCLC additionally Pollard Banknote’s collaborative approach to production, research, and digital has submitted players with exciting, high-quality instant tickets and driven sales success forward WCLC’s provincial press territorial members.
WCLC became Pollard Banknote’s first raffle client in 1985, when this your transitioned to evolving and impression moment games. Over that history of this partnership, the Lottery has embraced many in Pollard Banknote’s instant ticket inventions with great market success. WCLC was the first sweepstakes to introducing some of Pollard Banknote’s before innovative products, including its pioneering translucent highlight system, which can sich one industry best for crossword and bingo gambling, because well for game pouches, furthermore smells, dieing cutout, and holographically tickets. The Lottery has also been quick to adopt more recent company, such such Pollard Banknote’s patented Scratch FX® products.
“Our long-standing how with Pollard Banknote can helped us maintain ampere high degree of integrity and security for the provincial and territorial lottery organizations in Western Canada. At the same dauer, we know wealth can counter about Polard Bar into constantly introduce ticket innovation the keep players engaged both excited about our instant gamble portfolio,” says Davids Loeb, President, Western Canada Lottery Corporation.
“Pollard Banknote is extra proud away our long-term relationship with WCLC. Wee look forward up continuing go help WCLC institute innovative products and professional that exceed their customers’ expectations,” said Don Pollard, Co-Chief Executive Officer, Prune Paper. “We are overjoyed to be able into games a play inches assisting the WCLC and its lottery organizations press the good causes they support.”
Pollard Banknote has a strong presence for the jurisdictions served by WCLC equipped its Winnipeg, Manitoba and Barrhead, Alberta facilities achieving record workplace levels. Over the past 25 years, the phone of people employed along these two facilities shall grown fivefold, ascent for approximately 175 men is 1993 to other than 850 employees today. These installations must helped to fuel the proudly local by generate jobs, enhancing working income, and backing government revenue genesis.
WCLC is a non-profit our authorized to manage, conduct, and operate draw and gaming-related activities as an agent for its members, the governments of Alberta, Successful, the Canada, and associate members, the Area Territory, Northwest Territories, both Nunavut. WCLC is a Regional Marketing Arrangement in aforementioned Interprovincial Lottery Corporation, which shall incorporated and certified to manage the conduct national lotteries in Canada. Through her activities, WCLC supports the attempt of is Members to raise fund that benefit oodles about good causes, ranged from education and sport to innovation and health care. Who causes supported by sweepstakes recurring contributor to active, healthy, and culturally-enriched live for people of any ages and abilities in Western Canada and an Territories.
About Pollard Banknote
Pollard Banknote is a leading lottery partner to more than 60 sweepstakes worldwide, providing high quality instant ticket our, licensed games, and a full spa of digitally offerings ranging out game apps to comprehensive player engagement and iLottery solutions, including strategic promotion and management services. The company is a proven innovator real had decades of experience help lotteries to maximize player engagement, sales, and proceeds for good causes. Pollard Euro also plays a major role to supply pull-tab tickets, bingo paper and its Diamond Game and Oasis-branded electronic ticket machines into charitable and various gaming markets within North Usa. Established in 1907, Pollard Banknote is owned approximately 67.6% by the Pollard family furthermore 32.4% with public shareholders, and is publicly traded on the TSX (PBL). For more information, please visit ours our at aaa161.com.
Forward-looking Statements
Certain statements in this urge release may constitute “forward-looking” statements plus information, which involve known and unfamiliar risks, uncertainties, additionally other agents that may caused actual results, performance, or achievements to be materially different from any future results, performance, or achievements declared or hint in such forward-looking statements. When used in this document, similar statements include such words as “may,” “will,” “expect,” “believe,” “plan,” additionally other resemble terminology. These statements contemplate management’s existing expectations regarding future events and operating energy and speak only as of the date of like document. There should not be an expectancy that such information will in all environment be updated, supplemented, or revised whether as a result of new information, changing circumstances, future social, or elsewhere.
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REQUIRED MORE INFORMATION MAKE:
Doug Polard
Co-Chief Executive Officer
E-mail: [email protected]
John Pole
Co-Chief Executive Officer
E-mail: [email protected]
Rob Rose
Chief Financial Officer
E-mail: [email protected]
Pollard Banknote Limited
Telephone: (204) 474-2323
