Business

Pollard Banknote Awarded Primary Contract for Scratch Ticket Printing by Idaho Lottery

Pollard Banknote Awarded Primary Contract for Scratch Ticket Printing by Idaho Lottery ...

articlePollard Banknote LimitedApril 6, 20213/company/pollard-banknote-limited/news/pollard-banknote-awarded-primary-contract-for-scratch-ticket-printing-by-idaho-lottery
Pollard Banknote Awarded Primary Contract for Scratch Ticket Printing by Idaho Lottery

About this update from Pollard Banknote Limited

[{"type":"text","content":"\n \n \n \n Pollard Banknote Awarded Primary Contract for Scratch Ticket Printing by Idaho Lottery\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 WINNIPEG, MB,\n \n April 6, 2021\n \n /CNW/ -\n \n Pollard Banknote Limited\n \n \n \n (TSX: PBL) (\"Pollard Banknote\") is pleased to announce that, following a competitive procurement process, it has been awarded a primary contract from the Idaho Lottery to provide Scratch Ticket Printing. Under this contract, Pollard Banknote will provide at least 71% of the Lottery's instant scratch tickets on an annual basis. The contract term is two years, with the option for three additional two-year extensions. Estimated contract value, including all available extensions, is approximately\n \n $26 million\n \n .\n \n \n \n \n \n \n \n \n \n This new contract elevates the existing relationship built between Pollard Banknote and the Idaho Lottery. Since 2012, Pollard Banknote has worked as a secondary contractor to the Lottery, offering several innovative products and strategic recommendations to enhance its scratch ticket product category. Since FY 2014, sales of the Idaho Lottery's scratch tickets have grown by almost 40%, with Pollard Banknote-printed games playing a significant role in this growth. A strong track record of successful collaboration and a shared vision for future growth has culminated in this new primary partnership that will undoubtedly translate to even greater success ultimately benefiting\n \n Idaho's\n \n public schools and buildings.\n \n \n As a testament to the Idaho Lottery's innovative spirit, in 2018, they became the first lottery in the world to launch an instant scratch ticket using Pollard Banknote's Clear Play™ print innovation. The following year, the Idaho Lottery was recognized by the North American Association of State and Provincial Lotteries (NASPL) with the Best New Instant Game of 2019 award for its\n \n 30th Anniversary\n \n family of games, featuring Pollard Banknote's patented Scratch FX® and an interactive 2\n \n nd\n \n chance game a...

More updates from Pollard Banknote Limited