LANSING, Mich., Feb. 17, 2021 /CNW/ - NeoPollard Interactive
LLC ("NeoPollard Interactive" or "NPi"), jointly owned by
Pollard Banknote Limited ("Pollard Banknote"); (TSX: PBL) and
NeoGames S.A. (Nasdaq: NGMS), congratulates its customer network on
exceptional Fiscal Year 2020 ("FY20") results. NPi's iLottery
partners, including the Michigan, Virginia, New
Hampshire, and North Carolina Education Lotteries, achieved
topline sales totaling a collective $2
billion. Just as impressive as this milestone achievement is
the fact that these lotteries grew topline sales by a remarkable
89% from the previous fiscal year. FY20 is defined as the
twelve-month period ending June 30,
2020 for each state except Michigan, which concluded FY20 on September 30, 2020; all four lotteries have
continued to achieve significant growth in the current fiscal year.
Across NPi's U.S. customer network, all iLottery programs
experienced significant growth over FY19. The Michigan Lottery
achieved a total sales increase of 86% and since launch, have
contributed over half a billion dollars before operating expenses
to the Michigan School Aid Fund. The Virginia Lottery saw 29%
growth in FY20 eSubscription sales. FY20 marked the New Hampshire
Lottery's first full fiscal year of iLottery operations, recording
over 142% growth in sales in support of funds for education in
New Hampshire. North Carolina's program, which NPi converted
from the Lottery's previous program that enabled the sale of draw
games online, was live for only eight months in FY20 and surpassed
topline sales from the entire prior fiscal year by 57%.
"Since its inception, NPi has been dedicated to delivering the
most entertaining, engaging, and profitable iLottery programs to
our customers," said Liz Siver,
General Manager, NeoPollard Interactive. "Covid-19 has highlighted
the importance for lotteries to diversify their sales channels. At
NPi our mission is to enable lotteries to generate revenue through
online channels and FY20 proved the significance of this channel to
grow our customers' overall lottery sales performance. We are proud
that our industry-leading products and services have helped our
iLottery partners continue to drive sales, engage with players, and
maximize revenue for the many good causes they support."
NPi's focused approach and operational expertise have made the
company the partner of choice for lotteries looking to expand the
way they interact with players through digital channels and
engaging, revenue driving games. NPi's iLottery partners
consistently experience significant year-over-year incremental
revenue increases through the online channel, while simultaneously
driving growth at retail. In fact, NPi customers with a
full iLottery offering have seen significant growth in retail
instant sales after launching iLottery programs. The Michigan
Lottery has seen 150% growth in retail instant sales since Fiscal
Year 2013. In New Hampshire, the
Lottery's retail instant category has grown by 21% since Fiscal
Year 2018.
About NeoPollard Interactive
Born in the digital domain, NeoPollard Interactive LLC ("NPi")
is an award-winning supplier of best-in-class iLottery solutions to
the North American lottery market. Serving the largest share of
U.S. lotteries that currently sell online, NPi helped pioneer the
successful introduction of iLottery in the U.S. and, is
North America's proven partner of
choice to enable regulated lotteries to design and deploy complex
gaming solutions in support of generating incremental revenue for
good causes through the online channel. NPi offers cutting-edge
technology, a full suite of managed services, and the industry's
top performing game content, as part of its innovative and
comprehensive approach to partnering for iLottery success. Jointly
owned by Pollard Banknote Limited (TSX: PBL) and NeoGames
S.A.(Nasdaq: NGMS)—both globally recognized industry leaders—NPi
powers the most profitable iLottery programs. Visit us at
www.neopollard.com.
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 Compliant Gaming electronic
games and devices to charitable and other gaming markets in
North America. Established in
1907, Pollard Banknote is owned approximately 66.7% by the Pollard
family and 33.3% by public shareholders, and is publicly traded on
the TSX (PBL). For more information, please visit our website at
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 NeoPollard Interactive