05:21 PM EDT, 09/25/2025 (MT Newswires) -- Pollard Banknote ( PBKOF ) after trade Thursday said following a competitive procurement process, the California Lottery has named the company as the primary contractor for Scratchers Products, instant tickets, and related services, although it did not provide any financial details
A statement noted the contract award was formally approved by the California Lottery Commission at its September 25 meeting. It said the new primary contract is expected to begin on Dec.1 and includes an initial term of six years with the option to extend for up to six additional years.
As the primary contractor, Pollard Banknote ( PBKOF ) anticipates providing approximately 70% of the Lottery's Scratchers games over the life of the contract, the statement added.
The company's shares closed down $0.59 to $20.33 on the Toronto Stock Exchange.