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Pollard Banknote shares plummet as company loses out on Michigan iLottery bid

7th August 2024 10:35 am GMT

Pollard Banknote has lost out in its bid to replace its NPi joint venture as the next iLottery platform provider to the Michigan Lottery.

NeoPollard Interactive (NPi), a joint venture between Pollard Banknote and NeoGames, has served as the Michigan Lottery’s online platform provider since the launch of Michigan’s iLottery program in 2014, with its contract expiring in July 2026.

Following a Request for Proposals (RFP) in 2023 in which five lottery suppliers participated, the Michigan Lottery [...]

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