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OTTAWA, ON, Feb. 1, 2021 /PRNewswire/ - Craig Bascombe, President, Lottery Systems & CFO of Canadian Bank Note Company, Limited (CBN) is pleased to announce that CBN has agreed to acquire BUMP 50:50 from UK-based Sportech PLC. The transaction will close as soon as possible, subject to regulatory approval.
CBN and BUMP are already significant suppliers of 50/50 and other digital raffle product solutions to many of the major league sports team foundations and other not-for-profits in North America. Post-closing, the talented staff of the two organizations will work closely to help existing and prospective customers enhance the success of their charitable raffle programs.