Company Overview

Pollard Banknote Limited is a Canadian-based provider of lottery and gaming products, primarily serving government-operated lotteries. The company operates within the lottery, gaming, and regulated gambling services industry, with a core focus on the design, printing, and management of instant lottery tickets (“scratch-offs”) as well as digital lottery and iLottery solutions. Its primary revenue drivers are instant ticket manufacturing, lottery management services, and digital gaming platforms delivered to lottery operators.

Founded in 1907 as a commercial printer, Pollard Banknote evolved into a specialized lottery supplier through decades of operational focus and acquisitions, ultimately becoming a publicly listed company on the Toronto Stock Exchange in 2015. The company is recognized for its vertically integrated model, combining secure printing, game design, digital engagement tools, and lottery management services, which provides a strategic advantage in serving highly regulated lottery markets with long-term contractual relationships.

Business Operations

Pollard Banknote operates through several integrated business segments, including Instant Ticket Manufacturing, Lottery Management Services, and Digital and iLottery Solutions. The company generates revenue primarily through long-term supply and service contracts with lottery operators, encompassing ticket printing, game development, marketing support, and ongoing operational services. A significant portion of revenue is recurring in nature due to multi-year agreements with government-sponsored lotteries.

Operations span both domestic and international markets, supported by proprietary secure printing technologies, digital engagement platforms, and licensed gaming content. Key subsidiaries include Pollard Banknote U.S. Inc., Schafer Retail Solutions +, and mkodo Limited, which expand the company’s capabilities into retail optimization, player engagement, and mobile-first digital lottery solutions. The company also maintains strategic partnerships with lottery operators to deliver end-to-end lottery ecosystems.

Strategic Position & Investments

Pollard Banknote’s strategic direction emphasizes expansion in digital lottery offerings, increased penetration of full-service lottery management contracts, and growth through targeted acquisitions. The company has invested significantly in iLottery platforms, mobile applications, and player engagement technologies to align with changing consumer behaviors and the digital transformation of lotteries.

Notable acquisitions, including mkodo Limited and Schafer Retail Solutions +, have strengthened Pollard Banknote’s digital and retail analytics capabilities. The company continues to invest in emerging lottery technologies, including data-driven game design and omnichannel player experiences, positioning itself as a comprehensive solutions provider rather than a traditional print-only supplier.

Geographic Footprint

Pollard Banknote is headquartered in Canada, with its principal executive offices in Winnipeg, Manitoba. The company maintains a strong operational presence in North America, serving the majority of U.S. and Canadian lottery jurisdictions through manufacturing facilities and service offices.

Internationally, Pollard Banknote operates across Europe, Latin America, Africa, and Australia, supplying instant tickets and digital solutions to lotteries on multiple continents. Its global footprint is supported by production facilities, digital development centers, and localized subsidiaries, enabling the company to meet regional regulatory requirements and provide market-specific lottery solutions.

Leadership & Governance

Pollard Banknote is led by an experienced executive team with long-standing tenure in the lottery and gaming industry, emphasizing operational discipline, customer-centric service, and sustainable growth. The leadership’s strategic vision centers on innovation in regulated gaming, long-term partnerships with lottery operators, and disciplined capital allocation.

Key executives include:

• John Pollard – Co-Chief Executive Officer
• Doug Pollard – Co-Chief Executive Officer
• Jennifer L. Stewart – Chief Financial Officer
• Mark Pereira – Chief Operating Officer
• Pat McHugh – Senior Vice President, Sales & Marketing

The company maintains a governance structure aligned with public company standards, with oversight focused on regulatory compliance, risk management, and long-term value creation for shareholders.