Pollard Banknote Wins Contract for Texas Lottery Scratch Ticket Manufacturing and Services
WINNIPEG, MB, October 12, 2022 /CNW/ – Pollard Banknote Limited (TSX: PBL) (“Pollard Banknote”) is pleased to announce that it has been awarded a contract by the Texas Lottery Commission (“Texas Lottery”) to provide scratch ticket manufacturing and services. The new contract, which extends the successful and collaborative partnership through 2034, includes the deployment of Pollard Banknote’s revolutionary easyVEND™ In-Lane ticketing solution to retailers across the state.
The new contract marks the debut of Pollard Banknote’s exclusive easyVEND™ In-Lane ticketing solution, revolutionizing the way traditional scratch off tickets are made available for purchase. By combining innovative technology and security with an eye-catching merchandising display, easyVEND™ allows players to easily add traditional scratch tickets to an existing transaction in a multi-lane retail environment. With easyVEND™, the Texas Lottery can now leverage new sales channels to increase revenue for the good causes it supports.
As collaborative partners for over two decades, Pollard Banknote and the Texas Lottery have worked closely together to develop many amazing, cutting-edge lottery products that engage players and generate returns for worthy causes around the world. Texas. The Texas Lottery has enjoyed extraordinary success in recent years, with fiscal year 2022 being no exception – lottery sales reached $8.297 billionmarking the 12e consecutive year of record sales! The sale of scratch tickets has been a key part of this success, reaching $6.727 billion and representing 81% of overall sales.
The Texas Lottery is a pioneer in the industry, proven by its commitment to delivering exceptional games that leverage innovative features, licensed brands and exciting promotions. For instance, $50 Casino Millionsfeaturing the irresistible shimmer and shine of Scratch FXtra®, won the title of best-selling lottery $50 game ever. The x the money family of games, which used a combination of Scratch FX® and Neon ink, was another player favorite and included a second-chance Hawaii Dream Getaway promotion that gave players the chance to enter non-winning tickets for the chance to win a VIP holiday experience! This year, the Lottery also launched the very first game in the American lottery industry $100 scratch ticket, $20 million Supremewhich featured a winning combination of Pollard Banknote’s Soft Touch™ and Scratch FX® printing innovations.
“Our strong history with Pollard Banknote has allowed us to work closely together to bring many new games and innovative products to market,” said Gary Sorrow, Executive Director, Texas Lottery. “Their expertise in the scratch-off and retail categories has helped us introduce unique revenue-maximizing concepts that benefit all Texans. We are excited to partner again to provide products and services that delight players and grow our lottery business.”
“We are thrilled to expand our partnership with the Texas Lottery through this new contract,” said Brad Thompson, Vice President, Sales and Marketing, Pollard Banknote. “For over two decades, we have partnered with the Lottery to deliver innovative scratch-off ticket products that excite and engage players. With the inclusion of our easyVEND™ solution, the Lottery can now increase sales at multi-store retailers. avenues through increased product awareness and new points of distribution to its players, leading to greater returns for worthy causes statewide.”
As one of the most successful lotteries in United States, the Texas Lottery is celebrating “30 Years of Winning” with its unparalleled scratch and draw game methodologies. In fiscal 2022, lottery sales increased to $8.297 billion, an increase of more than $189.7 million of the previous year. This record sales growth enabled the Lottery to return a net contribution of $1.998 billion to schools and veterans services across Texas. For more information, visit www.texaslottery.com.
About the Pollard ticket
Pollard Banknote is a leading lottery partner for over 60 lotteries worldwide, providing high-quality instant ticket products, licensed games, in-line ticket options and merchandising solutions driving sales from of its Schafer Retail Solutions + portfolio. It also offers a full suite of digital offerings, ranging from world-class gaming applications to comprehensive player engagement and iLottery solutions, including strategic marketing and management services. The company is a proven innovator and has decades of experience helping lotteries maximize player engagement, sales and revenue for worthy causes. Pollard Banknote also provides break open tickets, bingo paper, ATMs and its diamond game and Compliant Gaming games and electronics to charitable and other gaming markets in North America. Founded in 1907, Pollard Banknote is owned approximately 64.3% by the Pollard family and 35.7% by public shareholders, and is listed on the Toronto Stock Exchange (PBL). For more information, please visit our website at www.pollardbanknote.com.
Certain statements contained in this press release may constitute “forward-looking” statements and information, which involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially. results, performance, or achievements expressed or implied by such forward-looking statements. When used in this document, these statements include words such as “may”, “will”, “expect”, “believe”, “plan” and other similar terms. These statements reflect management’s current expectations regarding future events and operating performance and speak only as of the date of this document. It should not be expected that this information will under any circumstances be updated, supplemented or revised, whether as a result of new information, changed circumstances, future events or otherwise.
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SOURCE Pollard Banknote Limited
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