Toronto-listed lottery supplier Pollard Banknote has been awarded a six-year contract to provide instant ticket warehousing and distribution services to the Arizona Lottery.
The company won the contract through a competitive procurement process, having provided instant ticket printing and production services to the lottery since 1998.
Pollard Banknote will operate an instant ticket warehouse and distribution center for the lottery, which will offer telemarketing services, inventory storage and management, order fulfillment and distribution to retailers, as well as marketing support.
“Pollard Banknote is thrilled to have the opportunity to partner with a long-standing client like the Arizona Lottery in a new capacity to deliver instant ticket warehousing and distribution services,” said Pollard Banknote vice president of sales and marketing Brad Thompson.
“We have worked diligently to develop a modern and sophisticated lottery management solution that offers outstanding operational support. We look forward to implementing this solution for the Arizona Lottery, and we are confident that it will play an important role in our holistic approach to helping the Lottery drive sales of pull-tabs and instant tickets.”
Arizona Lottery executive director Gregg Edgar commented: “At the Arizona Lottery, our mission is to maximize net revenues in a responsible manner to support programs that benefit Arizona communities.
“Over the course of our more than 20-year long relationship, Pollard Banknote has demonstrated a keen ability to provide quality products and services that help us deliver on our mission. We are confident that Pollard Banknote is the right partner to help us take our sales to new heights by providing instant ticket warehousing and distribution services.”
Shares in Pollard Banknote Ltd (TOR:PBL) closed in Toronto Friday down 4.47 per cent at CAD$22.45 per share.