Pollard to receive $289M contract from Belgian lottery

Executive Summary

• Pollard Banknote Ltd. received a notice of intent from Loterie Nationale (Belgium) to award a 12‑year gaming platform contract valued at approximately €177 million ($289 million).
• The contract covers a full end‑to‑end solution for both retail and i‑lottery channels, including draw‑based games, e‑instant games, player engagement technology, and instant ticket management.
• The award is subject to a mandatory 15‑day standstill period under Belgian procurement law before the formal contract can be executed.

Key Details

• Contract Value: Estimated €177 million (≈ $289 million CAD at $1.63 per euro).
• Term: 12 years.
• Scope of Services: Central gaming system for draw‑based games, management of e‑instant games, player engagement technology, instant ticket warehousing and distribution, and full i‑lottery platform.
• Procurement Process: Competitive; Pollard Banknote’s proposal deemed most economically advantageous.
• Regulatory Condition: Subject to a 15‑day standstill (protest) period per Belgian procurement law before final award.
• Strategic Significance: Expands Pollard Bankdate’s existing instant ticket supply relationship with Loterie Nationale into digital gaming, enhancing its presence in the European lottery market.

Notable Quotes

“We are honoured that Loterie Nationale has entrusted us with this opportunity and excited to expand our long‑standing instant ticket supply relationship with them into the digital realm,” – Doug Pollard, Co‑Chief Executive Officer, Pollard Banknote Ltd.