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Pollard wins $3.1 million contract from Iowa Lottery

Staff Writer |
Pollard Games, a wholly owned subsidiary of Pollard Banknote, will supply the Iowa Lottery with 337 new pull-tab vending machines (PTVMs) and maintenance services.

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Beginning October 1, 2016, this three-year contract provides the Lottery the option of exercising three, one-year extensions. The contract value, including extensions, is estimated at $3.1 million.

This contract award builds upon a 29-year partnership between American Games and the Iowa Lottery. Since 1987, American Games has produced more than one billion pull-tab tickets for the Lottery and, since 1991, has installed more than 4,000 vending machines in Iowa.

The well-established relationship also goes beyond pull-tab products; Pollard Banknote supplies the Iowa Lottery with instant scratch tickets, including some of the company’s patented and specialty products.

“We’re thrilled to again be selected as the Iowa Lottery’s partner for pull-tab vending machines and related services,” said Steven Fingold, President, American Games.

“The Lottery is pleased that American Games will continue to supply and service our pull-tab vending machines,” said Larry Loss, Executive Vice President of the Iowa Lottery.

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