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Pollard Banknote posts record first quarter revenue of $97.5m

13th May 2019 6:21 am GMT

Toronto-listed lottery supplier Pollard Banknote has reported a 21 per cent increase in revenue to CAD$97.5m for the first quarter of 2019.

The company benefited from an increase in the average selling price of instant tickets compared to a year ago, due in part to record sales of Pollard’s proprietary Scratch FX product.

Sales of ancillary instant ticket products and services increased revenue by $3.7m, primarily due to the acquisition of Schafer Systems and increased iLottery revenue, [...]

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