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HVS 1Q21: Alta Fox Stock Idea – Pollard Banknote
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Ontario Lottery and Gaming Corp., has inked a 10-year pact with Pollard Banknote Ltd., to print Instant lottery tickets.
The deal, which includes an additional five-year option to extend through 2037, will see OLG order more than two billion tickets over the term and create new jobs, officials say.
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OLG’s previous contract with Pollard Banknote, inked in May 2017, yielded a ticket finishing plant in Sault Ste. Marie with a commitment of 100 full-time employees. Since then, Pollard Banknote has hired nearly 20 additional employees in the Sault due to the “productivity” of the plant, officials say. This new agreement will see that complement increased to a total of 140 full-time employees.
Pollard scores 10-year OLG contract
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