Pollard Banknote Limited most recently announced that its long-term partner Ontario Lottery and Gaming Corporation has rewarded the instant ticket supplier with a contract extension. With the new contract, the supplier will continue to be a main instant ticket provider to the Crown corporation for the next 10 years until July 31, 2032. There is also an optional five-year renewal possibility.
Both companies have an extensive history of working with each other as their first collaboration started back in 1987 and continues to this date. For 14 years now the ticket provider has been a primary instant ticket supplier to the Crown agency. Back in 2008, the ticket dealer has even launched an Instant ticket finishing plant in Sault Ste. Marie, in order to further show its contribution to the province’s economical state.
Mutually Beneficial Relationship
President and CEO of the Crown agency, Duncan Hannay said that the corporation is delighted to further extend its cooperation with Pollard Banknote. And thus, fortifying the sustained growth development of the joint Instant lottery ticket offerings. He added that with the Sault Ste. Marie plant, the supplier has proved once again its commitment to support the economic recovery of the province.
Speaking on behalf of the prominent ticket supplier Doug Pollard Co-Chief Executive Officer has also expressed his satisfaction over the extension of the already successful partnership. He stated that the company is very proud of the long-term and prolific collaboration with the Crown corporation. He added that both companies have put immense efforts into making sure to provide innovative instant tickets to numerous fans.
Ross Roman MPP of the Sault Ste. Marie’s ticket plant has also commented on the recent contract extension. According to him, such partnerships are vital for the community’s economic recovery and future success. He concluded by stating that such collaboration benefits not only the local economy but also provides more job positions to the local population.
Besides supplying the Ontario Lottery and Gaming Corporation with Instant tickets, the provider also supports local Ontario community groups and charity organizations through its many subsidiary companies. The supplier provides Charitable Gaming Centers in the province with break open tickets, bingo, paper, and TAP ‘N PLAY cabinet games.
Another Deserved Extension
Another recent significant achievement for the established ticket provider has been the renewal of its contract with the Michigan Lottery. After the latest agreement between the enterprises, their mutual collaboration will run to at least December 31, 2021. Thus, marking exceptional cooperation between the two sides which now estimates to 25 years of mutual benefits.
At the start of this April, the prominent ticket printer and supplier has made it to the 2021 Report on Business Women Lead Here list. The list comprises companies or organizations that advocate gender diversity and inclusion of women with ideas in the working process. For the last 12 months over 40% of the supplier’s leadership roles have been run by female individuals.
Source: “Ontario Lottery and Gaming Corporation Awards Pollard Banknote 10-Year Instant Ticket Contract Extension”, Yahoo! Finance, April 21, 2021