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Pollard Banknote Gains Ground on Colorado Digital Lottery Contract

Shares of Pollard Banknote climbed 11% to 17.75 Canadian dollars on Monday morning after the Colorado Lottery identified the company as the apparent winner for its new digital services contract. The decision marks a significant expansion for the firm into the state’s evolving online gaming landscape.

Pollard Banknote Gains Ground on Colorado Digital Lottery Contract

The Colorado Lottery issued a formal notice of intent to award the vendor contract to Pollard Banknote, signaling the start of a partnership that will overhaul the agency's digital infrastructure. The scope of the agreement covers the implementation of an iLottery platform, the development of a dedicated website and mobile application, and the integration of player loyalty and rewards programs. Beyond technical support, the deal also encompasses the deployment of marketing tools and a suite of digital games designed to drive engagement. While the market responded with an immediate uptick in stock value, the companies have yet to disclose the financial specifics of the multi-year arrangement.

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