Pollard Banknote Celebrates 50 Years! of Maryland Lottery Success

Pollard Banknote Limited ("Pollard Banknote") (TSX: PBL) congratulates the Maryland Lottery (or "the Lottery") on the remarkable success of 50 Years! its 50 th anniversary scratch-off ticket and its first at the $50 price point. The milestone game has achieved sales of more than $29 million since its launch on February 20, 2023 .

Pollard Banknote Limited Logo (CNW Group/Pollard Banknote Limited)

The game's success is partly attributable to its historic cash prizes and striking design. 50 Years! launched with more than 1.3 million prizes, including three $5 million top prizes—the largest scratch-off prizes the Lottery has ever offered. The 4" x 11" game was designed in-house by Pollard Banknote's Creative Services team and features dazzling artwork that leverages Pollard Banknote's Spectrum Scratch FX® print innovation to its fullest.

The commemorative game is also part of the Lottery's 50 th Anniversary Cash Bash second-chance promotion, which offers player loyalty program members one entry for every $50 worth of eligible tickets entered into their accounts. Five drawings will be held over the next several months to award 100 cash prizes, and the promotion culminates in September with a celebratory event at the Maryland State Fair, where one second-chance finalist could win up to $5 million .

"Planning for our 50 th anniversary generated great creative energy from our product development and sales teams, and it was the perfect occasion to launch our first $50 ticket," said Maryland Lottery and Gaming Director John Martin . "We knew we wanted this ticket to be a standout and serve as a centerpiece of our anniversary celebration, and Pollard Banknote delivered that for us—the artwork captures the excitement we wanted to convey."

Martin added that sales have been exceptional, crediting a pre-launch strategy that emphasized a wide initial distribution and messaging directed to retailers and players. The Lottery also sought input from retailers regarding the pack size for 50 Years! , eventually deciding on 20 tickets per pack.

"It was truly a collaborative effort among our product development and sales staff, our retailers, and Pollard Banknote, and we're thrilled that players have embraced this special game," Martin said.

"As the Maryland Lottery's primary scratch-off ticket supplier since 2006, Pollard Banknote is honored to help the Lottery celebrate its golden anniversary with its first $50 game," said Travis Priest , Director, Sales & Marketing, Pollard Banknote. "Our partnership over the years has resulted in a strong and diversified game portfolio, and 50 Years! exemplifies the Lottery's commitment to providing its players with entertaining scratch-off games. The Maryland Lottery's enduring trust in Pollard Banknote is sincerely appreciated, and we offer our best wishes for its continued success."

About Maryland Lottery and Gaming

Maryland Lottery and Gaming operates the Maryland Lottery and has regulatory oversight of the state's casino and sports wagering programs. Lottery profits support the Maryland General Fund, which provides budgets for a wide range of vital state programs and services, including education and public health and safety initiatives. Since its inception in 1973, the Lottery's profits have contributed more than $18.6 billion to the state, players have won more than $31.5 billion in prizes, and the Lottery has paid more than $2.9 billion in retailer commissions to local businesses across Maryland . In Fiscal Year 2022, the Lottery, casinos and sports wagering combined to contribute $1.511 billion to the state.

About Pollard Banknote

Pollard Banknote is a leading lottery partner to more than 60 lotteries worldwide, providing high-quality instant ticket products, licensed games, in-lane ticket options, and sales-driving merchandising solutions from its Schafer Retail Solutions + portfolio. It also offers a full suite of digital offerings, ranging from world-class 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, ticket vending machines, 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 64.3% by the Pollard family and 35.7% by public shareholders, and is publicly traded on the Toronto Stock Exchange (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.

Maryland Lottery's 50 Years! scratch-off ticket (CNW Group/Pollard Banknote Limited)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/pollard-banknote-celebrates-50-years-of-maryland-lottery-success-301785822.html

SOURCE Pollard Banknote Limited

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/March2023/30/c3941.html

News Provided by Canada Newswire via QuoteMedia

GAMING00
The Conversation (0)
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Holdings


Keep reading...Show less
Person holding phone that says "GameStop" in front of stock trading charts.

GameStop Frenzy Cools, E*Trade Considers Roaring Kitty Ban

GameStop (NYSE:GME) continues to cool following a trading frenzy that drove shares up by 75 percent between the close of trading last Friday (May 31) and the start of trading on Monday (June 3).

The brief rally, which took GameStop shares to US$40.09 on Monday morning, was sparked by a Reddit (NYSE:RDDT) post made late Sunday (June 2) by an account tied to the video game retailer's most prominent supporter, Keith Gill.

Gill, who ignited the meme stock craze in 2021 and is known as Roaring Kitty on other platforms, posted a screenshot on Reddit's Superstonk subreddit that shows a purported US$175 million position in GameStop shares and call options.

Keep reading...Show less
Cell phone showing GameStop stock chart.

GameStop Surges Over 70 Percent in Flashback to 2021 Frenzy

Over three years after the infamous GameStop (NYSE:GME) short squeeze, the American retailer’s share price skyrocketed as much as 110 percent on Monday (May 13) before pulling back to a more than 70 percent gain.

The surge came on the heels of a social media post by "Roaring Kitty," also known as Keith Gill. His first online appearance since 2021 has reignited memories of the meme stock frenzy that captivated markets in 2021.

Gill, who gained notoriety for his bullish stance on GameStop, posted a meme on X (formerly Twitter) depicting a focused video gamer. It received widespread attention, accumulating over 81,000 likes and 9,000 comments in just a few hours.

Keep reading...Show less
NorthStar Gaming Chairman and CEO Michael Moskowitz.

NorthStar Gaming Leverages Content to Create Engaged, Active Players, CEO Says

NorthStar Gaming (TSXV:BET,OTCQB:NSBBF) is leveraging its rich, compelling content to better engage its customers, which ultimately leads to higher revenue, said NorthStar Chairman and CEO Michael Moskowitz, following an earlier announcement that the company is rolling out enhancements to the Sports Insights content on its platform.

“From the time that we founded NorthStar Gaming, we took the view that providing compelling content would lead to higher engagement with our customers,” he said. "And we're finding just that. We're planning to launch Sports Insights 2.0 in the first half of 2024 with redesigned sports and homepages, live scoreboards and tickers, live odds, trending topics and a greater tie-in in terms of the player journey and promotional offers that we provide to them."

Moskowitz noted that leveraging content helps attract new customers, with several media organizations using the company’s content on their own sites. “Ultimately, these articles and this content will help to create awareness around the NorthStar Bets brand and platform, and ultimately drive traffic to our site, which will convert into revenue.”

Keep reading...Show less
hand touching phone

Game-changing Prospects for the iGaming Market

iGaming has grown considerably in recent years. Driven by innovations in web technology and a changing regulatory landscape, online casinos and sportsbooks are more popular than ever.

To understand how the landscape may change moving forward, investors should assess how the industry has evolved in recent years.

Keep reading...Show less
smartphone on podium

Top Trends Shaping the Canadian iGaming Market

From emerging technologies to evolving regulations, the trajectory of iGaming has changed substantially in recent years as the market has experienced significant growth.

In 2022, Ontario's provincial government introduced game-changing legislation that established a regulatory framework for iGaming. Due to this legislation, regulated iGaming successfully displaced the unregulated market, according to Attorney General Doug Downey, creating over 1.6 million active player accounts across more than 70 operator websites as of April 2023 — just over one year following the change.

Ontario's regulation has also laid the groundwork for widespread change in the iGaming space across Canada. As iGaming continues to evolve, it's important to have a deeper understanding of both new and existing trends that will shape the industry's future, as well as regulations.

Keep reading...Show less

Latest Press Releases

Related News

×