WINNIPEG, MB, Sept. 14, 2021 /PRNewswire/ - Pollard Banknote
Limited (TSX: PBL) ("Pollard Banknote") is proud to
announce that its legal team has been shortlisted in the category
of In-House Counsel/Legal Team of the Year at the 2021 Global
Regulatory Awards hosted by VIXIO Gambling Compliance.
The Global Regulatory Awards are the largest and most
influential awards that recognize businesses, teams, and
individuals that have excelled and set new standards in the
compliance and responsible gambling industry. The In-House
Counsel/Legal Team of the Year category celebrates an individual or
team who upholds the company's reputation by ensuring that
regulatory guidelines are strictly followed and by proactively
advising management to help guide the business.
The Pollard Banknote legal team, led by Riva Richard, Executive Vice President, General
Counsel & Corporate Secretary, was nominated and subsequently
selected as a finalist for In-House Counsel/Legal Team of the Year
following an exceptional year. In addition to its regular
wide-ranging portfolio of legal matters and the successful appeal
of the Wire Act litigation to the First Circuit of the US Court of
Appeals, the legal team deftly managed multiple strategic
transactions for Pollard Banknote, including acquisitions, joint
ventures, and other commercial partnerships.
To bring four large-scale acquisitions to completion, the team
masterfully navigated the complexity of compliance regulations
across multiple international jurisdictions. For instance, the
acquisition of Next Generation Lotteries AS ("NGL"), a leading
provider of lottery management and iLottery technology in
Europe and Asia, involved retaining local counsel and
addressing local regulatory requirements in six jurisdictions.
Pollard Banknote's legal team met this challenge by leveraging its
extensive transaction experience and keen judgment while working
within the confines of an ambitious overall timeline.
"On behalf of Pollard Banknote and our family of companies, I
congratulate our hardworking legal team on this well-deserved
acknowledgement by the prestigious Global Regulatory Awards," said
Doug Pollard, Co-Chief Executive
Officer. "Last year was a busy and exciting one for us, a highlight
of which was the completion of several important strategic
acquisitions. Our legal team managed and consulted on these
acquisitions through their entire life cycles, demonstrating their
strong understanding of our business and supporting our continued
growth. The newly acquired companies are recognized leaders in the
lottery and charitable gaming industries and will enhance the
support we provide to our lottery clients to help increase revenue
for the good causes they support."
The winner of the In-House Counsel/Legal Team of the Year award,
along with 19 other categories, will be announced on October 21, 2021 at the fifth annual Global
Regulatory Awards.
About Pollard Banknote
Pollard Banknote is a leading lottery partner to more than 60
lotteries worldwide, providing high quality instant ticket
products, licensed games, Schafer Systems and Fastrak retail
merchandising solutions, and a full suite of digital offerings,
ranging from world-class mkodo game apps to comprehensive player
engagement and iLottery solutions, including strategic marketing
and management services. The company is a proven innovator and has
decades of experience helping lotteries to maximize player
engagement, sales, and proceeds for good causes. Pollard Banknote
also provides pull-tab tickets, bingo paper, and its Diamond Game and Compliant Gaming electronic
games and devices to charitable and other gaming markets in North
America. Established in 1907, Pollard Banknote is owned
approximately 64.3% by the Pollard family and 35.7% by public
shareholders and is publicly traded on the TSX (PBL). For more
information, please visit our website at
www.pollardbanknote.com.
Forward-looking Statements
Certain statements in this press release may constitute
"forward-looking" statements and information, which involve known
and unknown risks, uncertainties, and other factors that may cause
actual results, performance, or achievements to be materially
different from any future results, performance, or achievements
expressed or implied by such forward-looking statements. When used
in this document, such statements include such words as "may,"
"will," "expect," "believe," "plan," and other similar terminology.
These statements reflect management's current expectations
regarding future events and operating performance and speak only as
of the date of this document. There should not be an expectation
that such information will in all circumstances be updated,
supplemented, or revised whether as a result of new information,
changing circumstances, future events, or otherwise.
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SOURCE Pollard Banknote Limited