TSX:PBL - Post Discussion
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Betteryear2 on Mar 11, 2024 9:04am
Pollard Banknote Awarded Five-Year Primary Contract
WINNIPEG, MB, March 11, 2024 /CNW/ - Pollard Banknote Limited ("Pollard Banknote") (TSX: PBL) is pleased to announce that, following a competitive procurement process, it has been awarded a primary contract from the Michigan Lottery ("the Lottery") to provide instant game tickets. This marks the extension of a long-standing partnership between Pollard Banknote and the Michigan Lottery. Under this most recent agreement, Pollard Banknote will provide approximately 90% of the Lottery's instant tickets per contract year. The initial contract term is five years, with the option to renew in one-year increments for up to five additional years. In addition to instant game tickets, the Lottery also awarded Pollard Banknote a contract to supply validation pull-tab tickets. Pollard Banknote Awarded Five-Year Primary Contract by Michigan Lottery for Instant Game Tickets (newswire.ca)
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