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Pollard Banknote Awarded Five-Year Primary Contract by Michigan Lottery for Instant Game Tickets
Pollard Banknote Awarded Five-Year Primary Contract by Michigan Lottery for Instant Game Tickets ...
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[{"type":"text","content":"\n \n \n \n Pollard Banknote Awarded Five-Year Primary Contract by Michigan Lottery for Instant Game Tickets\n \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 Canada NewsWire\n \n \n \n \n \n \n WINNIPEG, MB\n \n \n ,\n \n \n March 11, 2024\n \n \n /CNW/ -\n \n Pollard Banknote Limited\n \n (\"Pollard Banknote\") (TSX: PBL) is pleased to announce that, following a competitive procurement process, it has been awarded a primary contract from the Michigan Lottery (\"the Lottery\") to provide instant game tickets. This marks the extension of a long-standing partnership between Pollard Banknote and the Michigan Lottery. Under this most recent agreement, Pollard Banknote will provide approximately 90% of the Lottery's instant tickets per contract year. The initial contract term is five years, with the option to renew in one-year increments for up to five additional years. In addition to instant game tickets, the Lottery also awarded Pollard Banknote a contract to supply validation pull-tab tickets.\n \n \n \n \n \n \n \n \n \n As a partner to the Michigan Lottery since 1996, Pollard Banknote is immensely proud of the role it has played in supporting the Lottery over the years, providing a wide range of instant games, retail solutions, and omnichannel products. From fiscal year (\"FY\") 2013 to FY 2023, Pollard Banknote printed approximately 90% of the Lottery's instant games. The Lottery earned the distinction of the fastest-growing U.S. lottery in terms of instant ticket sales per capita, with a phenomenal 182% increase during that time; this is particularly impressive when compared to the average U.S. lottery growth of 66% in instant ticket sales per capita. This growth catapulted the Lottery's per capita sales ranking to seventh among U.S. lotteries over the same 10-year period.\n \n \n Combining their years of expertise, Pollard Banknote has collaborated with the Michigan Lottery to curate an outstanding portfolio of games. In 2022, the Lottery's first\n \n $50\n \n game,\n \n \n $300,000,000\n \n \n Diamond Riches\n \n \n , leveraged Scratch FX\n \n ®\n \n ...