Pollard Banknote has secured a five-year extension to its instant ticket printing services contract with the Interprovincial Lottery Corporation (ILC).
The original contract between Pollard Banknote and ILC started in December 2013.
ILC is a national organisation representing five Canadian regional lottery operators, the Atlantic Lottery Corporation, Loto-Québec, the Ontario Lottery and Gaming Corporation (OLG), the Western Canada Lottery Corporation, and the British Columbia Lottery Corporation.
Pollard Banknote has provided instant ticket printing services to ILC since December 2013, with the new extensions taking its contract through to the end of 2028. There is also an option to renew for a further five years.
“We look forward to continuing our strong partnership with Pollard Banknote,” said Sarah Price, director of national games at ILC.
“Their expertise and experience in the industry has allowed us to bring exciting new concepts and instant games to the Canadian market. The contract extension will allow us to continue to deliver innovative and creative games that players love and that will generate revenue for the vital programs the lotteries support throughout Canada and their respective provinces.”
Brad Thompson, VP of sales and marketing at Pollard Banknote, commented: “Pollard Banknote is thrilled to have the opportunity to extend our partnership with the ILC.”
“We are excited to continue providing innovative products that stand out at retail and extend the play experience into the digital landscape, with the ultimate goal of maximizing revenue for good causes across Canada.”
Shares in Pollard Banknote Ltd. (TSX:PBL) gained 0.19 per cent to close at CAD$27.05 per share in Toronto Friday.