Pollard Bills Record Highlights From Q2 2023

Manitoba-based Pollard Banknote Limited on Friday announced financial results and highlights for the three and six months ended June 30, 2023. In the second quarter, the major lottery supplier reported record quarterly revenue of C$133 million, a solid improvement from the same period last year. 카지노사이트 Meanwhile, in the six months, the company realized $254.9 million in sales.

The Winnipeg, Manitoba-based company is one of the leading suppliers of instant tickets for over 25 years. It currently partners with more than 60 lottery and charity game organizations around the world and offers a variety of lottery solutions, including market research, verification expertise, algorithm development, and lottery management services.

The lottery provider said in its latest report that second-quarter 2023 revenue was C$130.2 million, 12.4% more than its second-quarter 2022 performance. It also reported that Neopollard’s total revenue, including revenue, amounted to C$148.8 million. Q2 operating income, meanwhile, reached C$9.9 million, while adjusted EBITDA accounted for C$22.1 million.

In terms of iLottery operations, the company reported pre-tax consolidated earnings of C$11 million, close to Q1 2023. However, this was a solid improvement over C$7.5 million from Q2 2022. The provider also disclosed higher instant ticket sales revenue from lottery operations compared to Q1 2023.

For the six months ended June 30, 2023, it recorded revenue of C$254.9 million, an increase of C$229.8 million year-over-year. In addition, sales of auxiliary lottery products and services increased by C$7.6 million, and the average instant ticket sales price increased by C$4.5 million year-over-year.

The Manitoban company also showed eGaming system revenue, up more than C$2.9 million year-over-year. This is largely due to the increase in the number of eGaming machines integrated into bars, bingo halls and Iranian organizations. In addition, the average selling price of charity games was higher, up C$2.2 million compared to the first half of 2022.

In the first six months of the year, Pollard Banknote helped us expand our services through several exciting partnerships. One of them was Atlas Experience, LLC. Through this deal, the two parties partnered on the launch of a new multi-jurisdiction proger instant game program, allowing the lottery to offer the grand prize and access to an integrated marketing campaign.

Another important highlight over the six months is being included in Manitoba’s list of top employers for 2023. The contest is run annually by Canada Inc. and recognizes employers in the province with progressive and forward-looking initiatives.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Gateway Casino Inispill To Help Install AED