Pollard Banknote Secures Major Contract for Gaming Solutions
Pollard Banknote's New Contract with Loterie Nationale
Pollard Banknote Limited (TSX: PBL), a leader in gaming solutions, has received a notice of intent from Loterie Nationale, Belgium's National Lottery. This exciting news came after a competitive procurement process, showcasing Pollard Banknote's excellence in the field. The contract, valued at an impressive €177 million, will span a duration of 12 years, highlighting the trust placed in Pollard Banknote's capable services.
Understanding the Gaming Platform
The newly awarded contract will see Pollard Banknote provide a comprehensive Gaming Platform that includes a full suite of services aimed at both retail and iLottery channels. It's designed to improve player engagement and streamline gaming operations through a central gaming system intended for draw-based games.
Key Features of the Gaming Platform
One of the defining characteristics of this platform is its robust management of eInstant games and player engagement technologies. Additionally, it offers an instant ticket management system which is crucial for efficient warehousing and distribution. This integrated solution ensures that lottery operations run smoothly while maximizing revenue opportunities.
Leadership's Perspective
Doug Pollard, the Co-Chief Executive Officer of Pollard Banknote, expressed excitement over this opportunity: "We are honoured that Loterie Nationale has entrusted us with this opportunity and excited to expand our long-standing instant ticket supply relationship with them into the digital realm." His enthusiasm reflects the company's commitment to fostering strong partnerships and driving innovation in the gaming space.
About Pollard Banknote
Since its establishment in 1907, Pollard Banknote has positioned itself as a trusted partner in generating revenue for good causes through gaming. The company equips its clients with innovative solutions that enhance performance and drive results. Their extensive product offerings include not just instant tickets, but also pull-tab tickets and electronic gaming solutions, catering to the evolving needs of lotteries and charitable gaming markets globally.
Expanding Services and Market Reach
Pollard Banknote has developed a range of player-facing digital tools, including engaging apps, websites, and loyalty programs designed to enhance user experience. The transformative Pollard Catalyst™ Gaming Platform is a cornerstone of their offerings, facilitating a successful iLottery program that has garnered attention within the industry.
Moving Forward
This significant contract marks a pivotal moment for Pollard Banknote, allowing the company to enhance its service offerings and reach newer markets. As the digital landscape evolves, the company’s commitment to innovation and quality service will be the foundation for sustained success in collaboration with partners like Loterie Nationale.
Frequently Asked Questions
What is the value of the new contract?
The contract awarded to Pollard Banknote by Loterie Nationale is valued at approximately €177 million, which is about $289 million CDN.
What services does the Gaming Platform offer?
The Gaming Platform provides a complete end-to-end solution supporting both retail and iLottery channels, including player engagement technologies and management systems for eInstant games.
How long is the duration of the contract?
The contract spans a duration of 12 years, emphasizing a long-term partnership with Loterie Nationale.
Who is Doug Pollard?
Doug Pollard is the Co-Chief Executive Officer of Pollard Banknote, emphasizing the company's commitment to innovative solutions in the gaming industry.
What is the Pollard Catalyst™ Gaming Platform?
The Pollard Catalyst™ Gaming Platform is a digital solution that powers turnkey iLottery programs, allowing lotteries to engage effectively with their players through innovative technology.
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