Pollard Banknote Revenue and Competitors

Pollard Banknote's current business derives almost exclusively from providing products and related services to lotteries, including instant tickets, break open/pull tab tickets, promotional games, pull tab vending machines, instant ticket vending machines, and lottery management services. The company's roots trace back to 1907, when commercial printer Saults & Pollard first opened for business in Winnipeg, Manitoba, Canada. In the mid-1970s the company shifted into security printing, a move that meant the production of stamps, stocks and bonds, and government documents. During this time the lottery industry was growing, and Pollard Banknote was in a good position to serve these emerging markets because the tickets demanded superior graphic and printing capabilities, as well as advanced security protocols. Determined to meet the exacting needs of this specialized industry, the company invested in new equipment and expertise. By the mid-1980s Pollard Banknote was serving government lotteries in Canada, overseas, and (by the decade's end) the United States. In August 2005 Pollard Banknote - a private, family-owned business since its founding - went public, a change that simply strengthens the company's commitment to the lottery industry and enhances its ability to continue to expand and compete. Although this is a major step for Pollard Banknote, the Pollard family remains in control of the new entity with a majority ownership position. Three members of the Pollard family currently occupy senior management positions, with a combined experience at the company of more than 40 years. In addition, Chairman Lawrence O. Pollard continues to serve the family business, a commitment that has remained unwavering since 1947. Pollard Banknote has enjoyed unmatched growth as a lottery ticket supplier, but earning a reputation as a secure, high-quality printer of instant lottery products is not easy; it takes years of experience and commitment. With close to 100 years of business now behind us, we have solidified an international reputation for guaranteed security, consummate quality, and unparalleled service. Pollard Banknote boasts: Six facilities with approximately 1,300 personnel serving over 45 lotteries An annual capacity of 13 billion instant tickets and four billion pull tabs ISO 9001:2000 certification dedicated to monitoring quality Over 170 years of senior management experience in the lottery industry, averaging 14 years of experience each