HomePublicationsCurrent NewsletterNewslettersVolume 23Issue 21POLLARD BANKNOTE AWARDED $5.6M PULL-TAB TICKET CONTRACT BY MICHIGAN LOTTERY

On June 14, 2017, Pollard Banknote Limited (“Pollard”) announced that it has been awarded a contract to serve as the sole supplier of validation pull-tab tickets and related services for the Michigan Lottery. The contract will run until December 31, 2022, with the potential for three additional one-year extensions, and its contract value  (including the renewals) is estimated to be $5.6 million.

Since 2003, the company has printed nearly half a billion pull tabs for the Michigan Lottery through its subsidiary, American Games. In FY2016, pull-tab tickets generated approximately $32 million in revenue for the Michigan Lottery.

“Pollard Banknote has consistently proven to be a leader in the lottery industry with its state-of-the-art innovations and services. We are pleased that the company will continue to serve as our pull-tab ticket supplier,” said Aric Nesbitt, Commissioner of the Michigan Lottery. “Pollard Banknote provides unparalleled industry knowledge and strategies that have improved the financial performance of our pull-tab products. We look forward to working with Pollard Banknote to develop future innovations that help support the Lottery’s mission of providing funds for public education in Michigan.”

According to Pollard, this award extends its 21-year relationship with the Michigan Lottery, which began in in 1996. Pollard continues to serve as the Michigan Lottery’s primary supplier of instant tickets and also provides games to its online gambling platform through its partnership with NeoGames.

 

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