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Instant Tickets Help Drive Record Performance for Michigan Lottery in 2018
Instant Tickets Help Drive Record Performance for Michigan Lottery in 2018 Canada ...
About this update from Pollard Banknote Limited
[{"type":"text","content":"\n\n\n\nInstant Tickets Help Drive Record Performance for Michigan Lottery in 2018\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nWINNIPEG, April 1, 2019\n\n\n\n\n \n \n \n \n WINNIPEG, April 1, 2019 /CNW/ - Pollard Banknote Limited (TSX: PBL) (\"Pollard Banknote\") congratulates the Michigan Lottery on its record-breaking $941.3 million contribution to its beneficiary, public education, in Fiscal Year 2018. Instant games were a major factor in the Lottery's success, driving sales and helping to boost its contribution to the state's School Aid Fund.\n\n \n \n\n \nThe Lottery achieved record sales last year of nearly $3.6 billion, which largely can be attributed to a significant 12.6% increase in instant game sales. The Michigan Lottery is the only U.S. lottery to achieve double-digit annual instant sales growth for the past five consecutive years, and is on track for another outstanding year, with Fiscal Year 2019 year-to-date instant game sales up 15% compared to the similar period for Fiscal Year 2018, which ended Sept. 30, 2018.\nSince 1996, Pollard Banknote has been helping the Michigan Lottery with strategic planning on a variety of instant game initiatives, from market research to retail strategy, and the introduction of innovative products. Among the contributors to the Lottery's success over the past year is Pollard Banknote's patented Scratch FX®, which adds a premium shine to instant game tickets. In Fiscal Year 2018, the Michigan Lottery used Scratch FX® on more than 20 instant games, including the Tax Free family of tickets offered at $1, $2, $5, and $10 price points.\nThe Lottery also experienced success with Pollard Banknote's Winning Combinations™, which pairs Scratch FX® and neon ink for even greater visual appeal.  Even with five prior game launches at the same price point, the $150,000,000 Payout ticket, which features Winning Combinations™, achieved 20% higher sales than the Lottery's average $30 game since 2015 (based on 10-week sales).  \nThese innovations were also used to reinvigorate ...