Brightstar Lottery Delivers Enhanced Retail Central System to Lottotech in Mauritius
Brightstar Lottery (NYSE:BRSL) extended its multi-year contract with Lottotech, operator of the Mauritius National Lottery.
Sentiment and the balance of points
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Rhea-AI Summary
Brightstar Lottery (NYSE:BRSL) extended its multi-year contract with Lottotech, operator of the Mauritius National Lottery. Subsidiaries Brightstar Global Solutions and Brightstar Lottery Cyprus will deliver an advanced lottery central system and replace all lottery terminals with RetailerPro S2 devices running the OpenRetail platform.
Positive
- Multi-year contract extension with Lottotech, Mauritius National Lottery operator
- Deployment of advanced lottery central system for Lottotech
- Full replacement of lottery terminals with RetailerPro S2 hardware
- OpenRetail platform enables unified, easy-to-update point-of-sale software
- Third decade of exclusive retail lottery technology partnership with Lottotech
Negative
- None.
Details
News Market Reaction – BRSL
On May 13, the first trading day after this news, BRSL closed 5.02% below the previous close.
Data tracked by StockTitan Argus for the May 13 session.
Key Figures
- Revenue
- $587 million
- Q1 2026 revenue from continuing operations (vs. $583 million prior period)
- Income from continuing ops
- $63 million
- Q1 2026 income from continuing operations (vs. $8 million prior period)
- GAAP diluted EPS
- $0.20
- Q1 2026 GAAP diluted EPS from continuing operations (vs. $(0.11) loss)
- Adjusted EBITDA
- $287 million
- Q1 2026 Adjusted EBITDA, up 15% with 48.9% Adjusted EBITDA margin
- Free cash flow
- $55 million
- Q1 2026 free cash flow, down as capex rose and working capital turned negative
- Capital returned
- Over $70 million
- Q1 2026 capital deployment to shareholders via buybacks and dividends
- Net debt
- $2.75 billion
- Net debt after Q1 2026, with leverage ratio of 2.4% and ~$1.8B liquidity
- Quarterly dividend
- $0.23 per share
- Dividend declared for payment on June 11, 2026
Historical Context
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MSCI ESG rating raised to AAA highlighting sustainability leadership.
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Announcement of Q1 2026 results conference call and webcast timing.
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Posting of 2026 AGM notice and 2025 Annual Report and Accounts.
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First S&P Global CSA score of 56, nearly double industry average 31.
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Financial support for IPGGC under Sustainable Play responsible gaming program.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Company extends its longtime relationship with the operator of the Mauritius National Lottery with new multi-year contract agreement
"Extending Lottotech's trusted relationship with Brightstar into its third decade through this latest contract underscores our shared commitment to long-term innovation and growth," said Moorghen Veeramootoo, Lottotech Chief Executive Officer. "Enhancing our central system marks a significant milestone for Lottotech, enabling greater agility, flexibility, and disaster tolerance as we enhance the player and retailer experiences while positioning our business for continued success."
"As Lottotech's exclusive retail lottery technology partner since its inception, Brightstar has continuously pushed boundaries to revolutionize products that benefit and complement the expectations of today's modern lottery," said Marco Tasso, Brightstar Chief Operating Officer International and Italy Operations. "We are excited to deliver our next-generation terminals and deploy our advanced central system to Lottotech, a natural next step in the evolution of Lottotech's business critical operations."
Engineered for speed and reliability, Brightstar's Retailer Pro S2 is powered by a high-performance processor that ensures rapid transaction processing. Its ergonomic, modular design supports multiple player-facing displays and a broad range of peripherals enabling flexible and engaging player interactions. Brightstar's OpenRetail software is designed to streamline lottery operations with unmatched versatility and efficiency. Built on a single code line, updates and new features can be deployed easily across all point-of-sale devices.
About Lottotech Ltd
Lottotech is
About Brightstar Lottery PLC
Brightstar Lottery PLC (NYSE: BRSL) is global leader in lottery focused on innovation and forward-thinking strategies and solutions, building on our renowned expertise in delivering secure technology and producing reliable, comprehensive solutions for our customers. As a premier pure play global lottery company, our best-in-class lottery operations, retail and digital solutions, and award-winning lottery games enable our customers to achieve their goals, entertain players and distribute meaningful benefits to communities. Brightstar has a well-established local presence and is a trusted partner to governments and regulators around the world, creating value by adhering to the highest standards of service, integrity, and responsibility. Brightstar serves nearly 90 lottery customers and their players on six continents. It is the primary technology provider to 26 of the 46 lottery jurisdictions in the
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning Brightstar Lottery PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, products and services, customer relationships, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall," "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) macroeconomic, regulatory and political uncertainty, including as a result of new or increased tariffs, trade wars, and other restrictions on trade between or among countries in which the Company operates, and related changes in discretionary consumer spending and behavior, fluctuations in foreign currency exchange rates, and the other factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2025 and other documents filed or furnished from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.brightstarlottery.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that may affect the Company's business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to the Company, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
Contact:
Mike DeAngelis, Corporate Communications, +1 (401) 392-1000, mike.deangelis@brightstarlottery.com
Matteo Selva, Italian media inquiries, +39 366 6803635
James Hurley, Investor Relations, +1 (401) 392-7190
© 2026 Brightstar Lottery PLC
The trademarks and/or service marks used herein are either trademarks or registered trademarks of Brightstar Lottery PLC, its affiliates or its licensors.
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SOURCE Brightstar Lottery PLC
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