Lotterywest opts for Pollard Banknote for the first time!
WINNIPEG, May 2, 2013 /CNW/ - Pollard Banknote Limited (TSX: PBL) (Pollard Banknote) is pleased to announce that Lotterywest has awarded Pollard Banknote a two-year contract for the manufacture and supply of instant lottery tickets. This represents Pollard Banknote's first contract with Lotterywest to supply instant tickets to the Western Australian region. The contract commenced on January 4, 2013 and continues through January 3, 2015, with three one-year extension options available to 2018.
Lotterywest is a contributor to building Western Australia's quality of life through proceeds to community, local government, and charitable organizations including arts and cultural groups, as well as state health services. In 2011/12, Lotterywest contributed $257 million AUD to the Western Australian community. Of this, Lotterywest provided $116.5 million in direct grants to more than 1,000 community and charitable organizations.
"Pollard Banknote is excited to be working with Lotterywest for the first time and is looking forward to partnering with the Lottery to expand their ticket portfolio," said Doug Pollard, Co-Chief Executive Officer. "This will be a wonderful opportunity to introduce the Western Australian market to our games and exclusive products including our popular Scratch FX® tickets, multiple-games PlayBook®, and WebPlay™ interactive games, among others."
In awarding the contract, Lotterywest Chief Executive Officer, Jan Stewart stated, "We're always looking for ways to increase our contribution to the community, and are eager to integrate Pollard Banknote's innovative print and interactive products into our collection. We believe that the introduction of these new products into the market in addition to the products provided by our other instant ticket providers will build on our strategy to engage existing players and attract new ones, while ensuring we maintain the integrity of our core values as an organization, and our continued commitment to our community."
About Pollard Banknote Limited
Pollard Banknote Limited is one of the world's leading full-service lottery vendors and is a major supplier to North America's charitable gaming industry. The company manufactures instant lottery tickets and provides related programming, design, and marketing support. As well, Pollard Banknote manufactures pull-tab tickets and bingo paper, and supplies lottery management services (including warehousing and distribution). Established in 1907, Pollard Banknote is owned approximately 73.5% by the Pollard family and 26.5% by public shareholders and currently serves more than 50 lotteries worldwide, including some of the largest and most respected lotteries in the United States, Canada, Europe, Asia, and Central and South America.
Forward-looking Statements
Certain statements in this press release may constitute "forward-looking" statements and information which involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. When used in this document, such statements include such words as "may," "will," "expect," "believe," "plan," and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this document. There should not be an expectation that such information will in all circumstances be updated, supplemented, or revised whether as a result of new information, changing circumstances, future events, or otherwise.
SOURCE: Pollard Banknote Limited
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Doug Pollard ([email protected])
Co-Chief Executive Officer
Telephone: (204) 474-2323
Facsimile: (204) 453-1375
John Pollard ([email protected])
Co-Chief Executive Officer
Telephone: (204) 474-2323
Facsimile: (204) 453-1375
Rob Rose ([email protected])
Chief Financial Officer
Telephone: (204) 474-2323
Facsimile: (204) 453-1375
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