Pollard Banknote and NeoGames have signed new agreements to continue their partnership on NeoPollard Interactive (NPi), highlighting the potential for additional ilottery opportunities in the future.
The two firms are long-time collaborators on NPi after forming the ilottery solutions supplier 10 years ago, and this latest long-term deal extends that relationship even further.
Entering into a joint venture (JV) operating agreement over NPi, the parties have also amended the Michigan JV agreement to ‘reinforce the long-term approach’.
Doug Pollard, Pollard Banknote CEO, commented: “NPi has been the leader in the North American ilottery market since its creation ten years ago and continues to generate significant value for its lottery clients. We are extremely pleased to reconfirm the commitment to our NPi joint customers and look forward to continuing long-term success with the completion of the agreements.
“The signing of the agreements underlines the strong relationship we have had with NeoGames throughout the growth of NPi and the high level of commitment our team brings to our existing ilottery clients.”
The operations of NPi will remain unchanged under the new agreements, with the team continuing to provide player operations support, account management and professional services.
Additionally, the agreements have the dual effect of opening up future ilottery opportunities for Pollard Banknote and NeoGames in the North American market.
Moti Malul, NeoGames CEO, added: “We are pleased to announce these long-term agreements that provide continued future commitment to growth and success of our joint customers.
“The agreements represent the natural evolution of both the relationship of NPi partners and the markets in which we operate. Both parties will cooperate closely on government relations focusing particularly on new market authorisations.
“Given the ever changing market dynamics, the agreements further provide the flexibility for both joint venture parties to pursue future ilottery opportunities in the North American market within the joint venture or independently, depending on the specific facts and circumstances of each relevant opportunity.”