The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

Pollard Banknote awarded Danske Lotteri Spil (National Lottery of Denmark) Contract

Tuesday, May 14, 2013

Pollard Banknote awarded Danske Lotteri Spil (National Lottery of Denmark) Contract

13:53 EDT Tuesday, May 14, 2013

WINNIPEG, May 14, 2013 /CNW/ - Pollard Banknote Limited (TSX: PBL) ("Pollard Banknote") is pleased to announce that the Danish Lottery ("Danske Lotteri Spil") has awarded Pollard Banknote a new three-year contract for the production of instant lottery tickets. Pollard Banknote will remain the primary supplier of instant tickets to the Lottery until the end of March 2016. The total contract value, including a one-year extension option to 2017, is estimated to be approximately $5.6 million CDN.

Pollard Banknote has been a supplier of instant tickets to Danske Lotteri Spil since 2008, during which time an exceptionally cooperative and effective working relationship has been established. Incorporating Pollard Banknote's best strategies, games, and innovations, Danske Lotteri Spil has achieved notable sales success with several of Pollard Banknote's industry-leading products, including the company's patented Pollard PlayBook® and Scratch FX®.

Danske Lotteri Spil's Skrabehæfte ticket featured the Pollard PlayBook® concept, which brings multiple games together in a unique booklet format, enabling players to try a number of different games at once. The Lottery also achieved remarkable success with their GULD Quick ticket that utilized Pollard Banknote's exclusive Scratch FX® process which replicates the look of foil or holographic foil for an eye-catching appearance to achieve maximum impact at retail.

"Pollard Banknote is pleased to secure this latest contract from Danske Lotteri Spil," said Doug Pollard, Co-Chief Executive Officer, Pollard Banknote. "This latest endorsement acknowledges the Lottery's confidence in our understanding of the Danish marketplace, our established relationship, and in our innovative products and services."

"Pollard Banknote received top marks for the quality and dependability of its products, as well as the company's strong ability to work in collaboration with the Danske Lotteri Spil team in the development of tactical marketing strategies," said Trine Korsgaard, Product Manager, Danske Lotteri Spil. "We look forward to an ongoing commitment to grow and strengthen our partnership in the years to come."

All proceeds generated from Danske Lotteri Spil go to good causes, so thousands of Scouts, volunteer association leaders, musicians, outdoor enthusiasts, students, and many more will benefit from lottery funds each year.

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

For further information:

Doug Pollard (dpollard@pbl.ca)
Co-Chief Executive Officer
Telephone: (204) 474-2323
Facsimile: (204) 453-1375

John Pollard (jpollard@pbl.ca)
Co-Chief Executive Officer
Telephone: (204) 474-2323
Facsimile: (204) 453-1375

Rob Rose (rrose@pbl.ca)
Chief Financial Officer
Telephone: (204) 474-2323
Facsimile: (204) 453-1375

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections