OLG MODERNIZATION CREATING UP TO 25 JOBS IN SAULT STE. MARIE
May 25, 2012
As a result of a competitive process that began in 2011, Canadian Bank Note Company, Limited (CBN) has been selected to operate the province’s charitable bingo and gaming services from Sault Ste. Marie, helping to strengthen the local technology and software development industries. Under the agreement, CBN will provide and manage a full range of technology services, including the popular electronic bingo.
“Today’s announcement is a critical component of OLG’s Charitable Bingo and Gaming Revitalization Initiative,” said Tom Marinelli, Chief Transformation Officer and Chief Information Officer for OLG. “This initiative represents a new model of collaboration with commercial operators, charity associations and municipalities intended to sustain, modernize and grow revenue for charitable organizations across the province by enhancing the entertainment experience for new and existing customers. So while OLG will maintain complete oversight and accountability, the private sector will play a greater role in the delivery of charitable bingo and gaming in Ontario.”
"Today's announcement to create up to 25 new jobs further reinforces our government's commitment to ensuring Sault Ste. Marie continues to play an important role within the modernizing gaming industry," said Sault Ste. Marie MPP, David Orazietti. "Strengthening and diversifying our local economy remains a top priority and builds on the substantial progress we have made since 2003."
Canadian Bank Note Company, Limited is a Canadian owned and operated company headquartered in Ottawa, Ontario, with over 1,500 employees providing secure documents along with their issuance and inspection systems, to governments in Canada and marketed to over 60 countries around the world. CBN supplies printed products and related issuing and control systems in four business areas: Lottery, Identification, Payment and Shareholder Services.
The Company worked with the Bank of Canada to design the new Canadian polymer banknotes and is now producing this new series of notes. It recently began the production of the new tobacco stamps for Canada and was awarded a contract by Passport Canada to manufacture the new Canadian ePassport.
"We’re very pleased that OLG has selected CBN to deliver the solutions that will revitalize charitable bingo and gaming in the province and generate more monies for important charities across Ontario," said Craig Bascombe, President of CBN Lottery Division and Chief Financial Officer. "We look forward to building on our long-standing relationship with OLG."
“Today’s announcement is aligned with OLG’s strategic plan to modernize lottery and gaming in Ontario,” added Marinelli. “Business arrangements with organizations like Canadian Bank Note Company can create jobs, as we see happen here today in Sault Ste. Marie.
More information about the Charitable Bingo and Gaming Initiative, as well as copies of “Modernizing Lottery and Gaming in Ontario” are available at www.olg.ca.
OLG is a provincial agency responsible for province-wide lottery games and gaming facilities. Since 1975, OLG Lotteries, Casinos, Slots, and Resort Casinos have generated more than $34 billion for the benefit of the Province of Ontario. Gaming proceeds support Ontario's hospitals, amateur sport, recreational and cultural activities, communities, provincial priority programs such as health care and education, and local and provincial charities and non-profit organizations through the Ontario Trillium Foundation.
About Canadian Bank Note Company, Limited
Canadian Bank Note Company, Limited supplies printed products and related issuing and control systems in four business areas: Lottery, Identification, Payment and Shareholder Services. The Company has extensive manufacturing operations for printing currency, passports, visas, postage and other related products as well as for producing hardware devices such as passport and card readers and lottery terminals. In addition, the Company has a large complement of software engineers for designing, issuing and control systems. Products, services and systems are now marketed in more than 60 countries.
THE ONTARIO PROBLEM GAMBLING HELPLINE 1-888-230-3505
Disponible en français