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Update On Pollard Banknote: Partners With Maryland Lottery; Buys Pacific for US$10 million
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Update On Pollard Banknote: Partners With Maryland Lottery; Buys Pacific for US$10 million
Mar 24, 2025 7:41 AM

10:07 AM EDT, 03/24/2025 (MT Newswires) -- (Updates paragraphs 1, 2, and 5)

Pollard Banknote ( PBKOF ) on Monday partnered with Maryland Lottery to launch its first 'Back to the Future' inspired $2 scratch-off game.

The game offers Maryland Lottery players a top prize of $10,000 and the opportunity to win cash prizes through second chance draws.

Earlier on Monday the company agreed to buy 100% of the business of Pacific Gaming and LIF Capital Group, collectively Pacific, for US$10 million.

The purchase will be funded from existing Pollard cash resources and availability under the company's existing senior credit facilities. The deal is slated to close on April 1 and is expected to boost earnings per share.

Shares of PBL were last seen up 1.1% at $20.50 in early morning trade on the TSX.

Price: 20.50, Change: +0.22, Percent Change: +1.08

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