Lottery service and game provider Pollard Banknote Limited has announced that the Michigan Lottery granted the company a primary contract to remain the near-exclusive supplier of instant game tickets in the state.
The latest development represents a continuation of the collaborative relationship between Pollard Banknote and the Michigan Lottery, which has been ongoing for nearly three decades.
“As a partner to the Michigan Lottery since 1996, Pollard Banknote is immensely proud of the role it has played in supporting the Lottery over the years, providing a wide range of instant games, retail solutions, and omni channel products,” the company said.
“We are honored to be selected as the primary supplier of instant game tickets to the Michigan Lottery. We deeply value the relationship we have built with both the Michigan Lottery and the communities in which we operate within the state,” said Doug Pollard, co-CEO at Pollard Banknote. “As a testament to our successful collaboration and efforts to deliver outstanding games and innovative retail solutions into the Michigan market, we take pride in having contributed to four-fold sales growth since the start of our partnership almost 30 years ago. We look forward to continued success and growth in the years to come.”
The initial contract is valid for five years, with the option to extend it for up to five more years in one-year increments. Pollard Banknote will provide about 90 percent of the Lottery’s instant tickets per contract year. The Lottery also awarded Pollard Banknote a contract to provide validation pull-tab tickets.
The Michigan Lottery, which began in 1972, is a state-run organization that offers a variety of draw games and instant scratch-off tickets. Proceeds from the lottery support Michigan’s public school system. The state lottery donated more than $1 billion to the School Aid Fund for the fifth straight year in 2023.
The Michigan Gaming Control Board recently published the state’s gaming revenue report for February, revealing a slight increase compared to January. Detroit’s three land-based casinos generated $104.8 million in revenue during February.
