Brightstar Lottery Announces Filing of Annual Report on Form 20-F with the U.S. Securities and Exchange Commission [Accessibility Statement] Skip NavigationLONDON, Feb. 24, 2026 /PRNewswire/ -- Brightstar Lottery PLC (NYSE: BRSL) ("Brightstar" or the "Company") announced that its 2025 Annual Report on Form 20-F was filed with the U.S. Securities and Exchange Commission today, February 24, 2025, in accordance with Section 203.01 of the New York Stock Exchange Listed Company Manual. Brightstar's 2025 Annual R ...

Performance was supported by the resilience of the global lottery portfolio; however, while same-store sales grew nearly 4% for the quarter, normalized growth of 0.5% was more than offset by headwinds from the UK technology contract transition. Management attributed the second-half acceleration in North America to improved multistate jackpot activity and successful game launches in Indiana and New Jersey. The OPTIMA program successfully delivered cost reductions, allowing management to reallocate capi ...

BRIGHTSTAR LOTTERY PLC REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS [Accessibility Statement] Skip Navigation- Mariangela Zappia appointed as an independent, non-executive director- FY'26 outlook includes accelerated organic revenue growth- Board of Directors declared a regular quarterly cash dividend of $0.23, up $0.01 from prior quarter and a 15% increase from the historical run rate- Returned over $1 billion to shareholders in FY'25 through dividends and share repurchases- Significant improvement in ...

Group 1 - The Shanghai Stock Exchange will be closed for the Spring Festival from February 15 (Sunday) to February 23 (Monday), reopening on February 24 (Tuesday) [1] - The Shenzhen Stock Exchange has the same holiday schedule, closing from February 15 (Sunday) to February 23 (Monday) and resuming operations on February 24 (Tuesday) [3] - The Beijing Stock Exchange will also observe the same holiday period, closing from February 15 (Sunday) to February 23 (Monday) and reopening on February 24 (Tuesday) [8] Group 2 - During the Spring Festival, the Hong Kong Stock Connect under the Shenzhen Stock Exchange will not provide services from February 15 (Sunday) to February 23 (Monday), resuming on February 24 (Tuesday) [6] - The Beijing Stock Exchange will conduct a trading system joint debugging test on February 23 (Monday) from 9:15 to 12:00 to ensure normal trading after the holiday [8] Group 3 - The National Sports Administration's lottery management center announced that the lottery market will be closed from February 14 (Saturday) 00:00 to February 23 (Monday) 24:00, with the exception of instant lottery sales [10]

Core Insights - Inspired Entertainment, Inc. has launched a new lottery platform called STRATA™, built entirely on the Google Cloud Platform, aimed at providing scalability, security, and flexibility for lottery operators [1][6] - The platform utilizes microservices architecture, enabling fast integrations, customizations, and real-time business reporting through graphical dashboards [2] - STRATA is designed for an omnichannel experience, allowing lottery products to be distributed through both retail and digital channels, providing a comprehensive view of sales and management [3] Product Features - STRATA offers online portals for management controls and real-time reporting tailored for various stakeholders including Lottery Operators, Regulators, and Retail Managers [4] - The platform has been successfully deployed by LEIDSA in the Dominican Republic, integrating into their network of 2,500 retail terminals, showcasing its capability for seamless operations [5][6] Company Commitment - The launch of STRATA reflects the company's commitment to innovation and cloud-native solutions, aiming to transform lottery operations and enhance customer service [6] - Inspired Entertainment emphasizes its integrated content-led approach, which strengthens operator offerings and enhances player experiences across various gaming environments [7]

Core Thesis - Brightstar Lottery PLC (BRSL) is positioned as a pure-play global lottery operator, having divested its gaming and digital divisions, and is currently trading at $14.36 with a trailing P/E of 160.89 and a forward P/E of 9.46 [1][3] Business Model and Financials - The company operates seven of the world's ten largest lotteries, benefiting from a recession-resistant and highly profitable business model, with EBITDA margins nearing 50% [3] - Despite concerns over a higher-than-expected license fee for the Italian national lottery, BRSL's shares are trading at an attractive EV/EBITDA of 4.5x, indicating potential market mispricing [3] - Brightstar's minimal capital requirements allow for substantial free cash flow, with a projected generation of over $7 billion in gross cash from 2025 to 2028, of which $1.7 billion is expected to be returned to shareholders through dividends and buybacks [4] Investment Case - The combination of high profitability, strong cash generation, and shareholder-friendly capital allocation creates a compelling investment case for Brightstar [4] - The company's core lottery operations are resilient, providing stable cash flows and attractive risk-adjusted returns, positioning the stock for potential rerating as the market recognizes its dominant position [5] - Brightstar represents a unique opportunity for investors seeking high-margin, recession-proof operations, with both dividend income and capital appreciation potential [5]

Core Viewpoint - Brightstar Lottery PLC will host a conference call and live webcast on February 24, 2026, to discuss its fourth quarter and full year 2025 results, ending December 31, 2025 [1]. Group 1: Conference Call Details - The conference call is scheduled for February 24, 2026, at 8:00 a.m. EST [2]. - Participants are encouraged to pre-register for the conference call to receive a dial-in number and unique PIN [2]. - A live, listen-only webcast will be available on Brightstar's Investor Relations website, with a replay accessible after the call [2]. Group 2: Company Overview - Brightstar Lottery PLC is a global leader in the lottery industry, known for its secure technology and comprehensive solutions [3]. - The company operates as a pure play global lottery entity, providing best-in-class lottery operations, retail and digital solutions, and award-winning lottery games [3]. - Brightstar has approximately 6,000 employees and maintains a strong local presence, partnering with governments and regulators worldwide [3].

Core Viewpoint - Brightstar Lottery PLC has secured a long-term contract with the Wisconsin Lottery to implement its integrated lottery solution, OMNIA, aimed at modernizing both retail and digital lottery operations [1][2]. Group 1: Contract Details - The contract is an eight-year base agreement with options for an eight-year extension and four additional one-year extensions [1]. - Brightstar's solution will enhance the Wisconsin Lottery's mobile app, improving convenience for players and retailers [2]. Group 2: Product Innovations - Brightstar will provide new retailer equipment, including the Retailer Pro S2 terminal and the GameFlex 48 self-service vending machine, to enhance player engagement [3]. - Additional products include the GameTouch 20 and GameTouch Draw S2 self-service solutions, along with the handheld Retailer to Go terminal, all designed to offer versatility and reliability [3]. Group 3: Historical Context and Impact - Since the partnership began in 1988, Brightstar has helped the Wisconsin Lottery generate over $20 billion in revenue, benefiting winners, retailers, and homeowners in Wisconsin [5]. - Brightstar serves nearly 90 lottery customers globally and is the primary technology provider for 26 of the 46 U.S. lottery jurisdictions, as well as eight of the world's ten largest lotteries [5]. Group 4: Company Overview - Brightstar Lottery PLC is recognized as a global leader in lottery technology, providing secure and comprehensive solutions to enhance customer operations and player experiences [7]. - The company employs approximately 6,000 people and is committed to high standards of service, integrity, and responsibility in its operations [7].

Core Insights - Brightstar Lottery PLC has launched its Sales Wizard salesforce automation tool for the Ontario Lottery and Gaming Corporation (OLG), enhancing sales representatives' effectiveness with actionable insights and data [1][2] - The Sales Wizard is designed to improve operational efficiencies and is configurable to meet OLG's evolving business needs, joining 24 other lotteries in utilizing this tool [2] - Brightstar serves nearly 90 lottery customers globally, including 26 of the 46 lottery jurisdictions in the U.S. and eight of the world's ten largest lotteries [3] Company Overview - Brightstar Lottery PLC is a global leader in lottery technology, providing secure and comprehensive solutions to its customers, with approximately 6,000 employees [4] - The company focuses on delivering best-in-class lottery operations, retail and digital solutions, and award-winning lottery games, adhering to high standards of service and integrity [4] OLG Overview - The Ontario Lottery and Gaming Corporation (OLG) is a crown agency that has generated approximately $62 billion for Ontario since 1975, supporting key government priorities and local communities [5] - OLG manages various gaming operations, including land-based facilities, province-wide lottery games, and internet gaming, while acting in a socially responsible manner [5]

Core Insights - Brightstar Lottery PLC announced a six-year contract with the California Lottery for instant ticket printing and related services, awarded after a competitive procurement process [1] - The agreement grants the California Lottery access to Brightstar's entire portfolio of instant ticket content and innovations, including top-performing games and patented technology [2] - Brightstar has a strong partnership history with the California Lottery, having developed successful innovations, including high-indexing games [3] Company Overview - Brightstar Lottery PLC is a global leader in the lottery industry, providing secure technology and comprehensive solutions to its customers [5] - The company serves nearly 90 lottery customers across six continents and is the primary technology provider to 26 of the 46 U.S. lottery jurisdictions [3][5] - Brightstar employs approximately 6,000 people and is recognized for its integrity and responsibility in creating value for governments and regulators [5]