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Pollard Banknote Ltd
Symbol C : PBL
Shares Issued 25,625,658
Close 2019-02-19 C$ 24.25
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ORIGINAL: Pollard Banknote and the Connecticut Lottery Partner to Launch New Player Loyalty Program

2019-02-20 10:38 ET - News Release

Pollard Banknote and the Connecticut Lottery Partner to Launch New Player Loyalty Program

Canada NewsWire


WINNIPEG, Feb. 20, 2019 /CNW/ - Pollard Banknote Limited (TSX: PBL) ("Pollard Banknote") is pleased to announce that, following a competitive procurement, it has been awarded a contract to provide the Connecticut Lottery Corporation ("CLC" or "Lottery") with a new Player Loyalty Program and Related Services. This new contract builds upon Pollard Banknote's successful partnership with the CLC as its primary instant ticket supplier since 2012, and comes with an initial term of three (3) years and up to seven (7) additional years of extensions.

The CLC's new Player Loyalty Program will be powered by Pollard Banknote's state-of-the-art PlayOn™ player engagement solution—one of the most modern player loyalty solutions in the market today. PlayOn™ has been specifically engineered to meet the growing needs of the lottery industry and boasts over 100 different types of engagement activities, including milestone celebrations, completing a survey, or watching a video.

With the fully-integrated PlayOn™ mobile application, players will be able to scan their lottery tickets for easy points accumulation, which can be redeemed for a variety of exciting rewards and entries for second-chance contests. The robust mobile app will also provide players with ticket checking capabilities, information about current lottery games in the market, a GPS store locator, push notifications for jackpot alerts, and promotional information.

"Pollard Banknote is an industry leader with a demonstrated track record of helping lotteries create quality and innovative online products and experiences," said Gregory Smith, President & CEO, Connecticut Lottery Corporation. "Together, we will create a robust program tailored to Connecticut that will both attract new players and to create value for those who play our games."

The Player Loyalty Program from Pollard Banknote will support the CLC's key business objectives to engage players across channels before, during, and after purchase. As a result, the Lottery will be able to build a deeper relationship with its players by expanding its ability to learn player behaviors and opinions and communicate with them in a more personalized and meaningful way.

"We are thrilled to partner with the Connecticut Lottery to deliver an exciting new Player Loyalty Program to their player base," said Doug Pollard, Co-Chief Executive Officer, Pollard Banknote. "With PlayOn™, the CLC will gain unprecedented access to omni-channel player data to implement new tactics and strategies that will ultimately support sales growth and proceeds to good causes in the state. It's our pleasure to be working with the CLC as they execute their vision to deliver player-centric lottery experiences that connect retail and digital channels."  

Since its inauguration in 1971, the Connecticut Lottery has allocated more than $9.5 billion to many valuable programs and causes in the state, while also awarding $17.4 billion to lottery winners. In fiscal year 2018, the CLC provided $345 million in funds to public health, libraries, public safety, education, and more. For more information on the Connecticut Lottery, please visit www.ctlottery.org.

About Pollard Banknote

Pollard Banknote is a leading lottery partner to more than 60 lotteries worldwide, providing high quality instant ticket products, licensed games, Schafer Systems retail merchandising solutions, and a full suite of digital offerings, ranging from game apps 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 to maximize player engagement, sales, and proceeds for good causes. Pollard Banknote also provides pull-tab tickets, bingo paper, and its Diamond Game and Oasis-branded electronic ticket machines to charitable and other gaming markets in North America. Established in 1907, Pollard Banknote is owned approximately 67.6% by the Pollard family and 32.4% by public shareholders, and is publicly traded on the TSX (PBL). For more information, please visit our website at www.pollardbanknote.com.

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 that 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

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2019/20/c2962.html

Contact:

Doug Pollard, Co-Chief Executive Officer, E-mail: dpollard@pbl.ca; John Pollard, Co-Chief Executive Officer, E-mail: jpollard@pbl.ca; Rob Rose, Chief Financial Officer, E-mail: rrose@pbl.ca; Pollard Banknote Limited, Telephone: (204) 474-2323

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