LANSING, Mich., Dec. 17, 2020 /CNW/ - Pollard Banknote
Limited (TSX: PBL) ("Pollard Banknote"), a leading lottery partner
to more than 60 lotteries worldwide, and its subcontractor,
NeoGames S.A. (Nasdaq: NGMS) ("NeoGames"), a technology-driven
provider of end-to-end iLottery solutions, are pleased to announce
the signing of a four-year iLottery contract extension with the
Michigan Lottery. Under this extended agreement, which commences
July 2022 through to July 2026, Pollard Banknote, along with NeoGames,
will continue to serve as the Michigan Lottery's iLottery partner,
providing world-class platform technology, a full suite of
interactive eInstant and draw-based games, and a broad range of
managed services—from player support and customer engagement
marketing, to banking, payments, claims, and compliance operations.
The two companies also currently supply similar solutions for four
other highly successful iLottery programs in North America through their jointly owned and
operated company, NeoPollard Interactive LLC.
Recognized as North America's
Lottery Operator of the Year by eGaming Review ("EGR") in
2020, the Michigan Lottery has brought a multitude of innovative,
revenue-generating iLottery games and payment solutions to
market.
"We are proud of the success we have achieved with our iLottery
program over the past several years," said Shannon DeHaven, Deputy Commissioner of Gaming
Operations for the Michigan Lottery. "The collective commitment to
delivering exceptional player experiences through a deep
understanding of the iLottery business and digital ecosystem has
been a key ingredient to our success. We look forward to continuing
our efforts to generate revenue for Michigan schools."
"The success that the Michigan Lottery has achieved in just a
few short years in the iLottery space is truly remarkable," stated
Doug Pollard, Co-Chief Executive
Officer, Pollard Banknote. "Through our collaborative partnership
with the Michigan Lottery, we have learned a great deal about
iLottery players in Michigan and
have made great strides in bringing new technology-enabled products
and services to the Lottery to engage its players and optimize
sales. We will continue to be a partner that is fully invested in
the success of the Michigan Lottery's iLottery program to increase
revenues for good causes through online and mobile channels."
"We are privileged to have the opportunity to once again extend
the market-leading work we do with the Michigan Lottery, and the
overall growth since 2014 has been a testament to the innovative
approach the Lottery has demonstrated," added Moti Malul, NeoGames' Chief Executive Officer.
"Our company has worked diligently alongside the Lottery to
continuously improve the program, whether it be new and exciting
games or innovative solutions to enhance the online experience. We
anticipate that even greater success is yet to come."
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 and Fastrak retail
merchandising solutions, and a full suite of digital offerings,
ranging from world-class mkodo 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 67.3% by the Pollard family and
32.7% by public shareholders and is publicly traded on the TSX
(PBL). For more information, please visit
www.pollardbanknote.com.
About NeoGames
NeoGames (Nasdaq: NGMS) is a technology-driven innovator and a
global provider of iLottery solutions for national and
state-regulated lotteries. NeoGames' full-service solution combines
proprietary technology platforms with the experience and expertise
required for successful iLottery operations. NeoGames' pioneering
game studio encompasses an extensive portfolio of engaging online
lottery games that deliver an entertaining player experience. As a
trusted partner to lotteries worldwide, the company works with its
customers to maximize their success, offering a comprehensive
solution that empowers them to deliver enjoyable and profitable
iLottery programs to their players, generate more revenue, and
direct proceeds to good causes. For more information visit
www.neogames.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