The story of Pollard Banknote is one of transformation. Read this article for free: Already have an account? To continue reading, please subscribe: * The story of Pollard Banknote is one of transformation. Read unlimited articles for free today: Already have an account? The story of Pollard Banknote is one of transformation.
Eight years ago, 100 per cent of the Winnipeg company’s business came from printing instant-win tickets for lotteries and charitable organizations around the world. Today, printing makes up just half; the digital offerings and solutions it provides its customers make up the rest. “It is a very different company today in 2024 than it was in 2016,” says Doug Pollard, who serves as co-chief executive officer, alongside older brother John.
To get a sense of Pollard Banknote’s success, one need look no further than the numbers. Since the company started printing scratch-and-win tickets in 1986, it has grown into the second-largest such producer in the world and third-largest lottery product supplier. Its workforce has grown to 2,300 employees from 1,150 — with 900 at its corporate head office in the Fort Garry neighbourhood and the rest spread over 11 facilities across North America and Europe.
In that same period, Pollard Banknote has more than doubled its annual revenue: to $600 million from $250 million. MIKAELA MACKENZIE / FREE PRESS John (left) and Doug Pollard, brothers and co-CEOs of Pollard Banknote, at their office in Winnipeg. It produces 1.
