Welcome to our dedicated page for Brightstar Lottery news (Ticker: BRSL), a resource for investors and traders seeking the latest updates and insights on Brightstar Lottery stock.
Brightstar Lottery PLC reports developments for a pure-play lottery company that provides secure lottery technology, retail and digital systems, iLottery platforms, instant lottery solutions, and lottery management services. News coverage centers on financial results, conference calls, annual meeting materials, dividends, share repurchases, and governance updates for the NYSE-listed company.
Company announcements also cover customer deployments and operating contracts for lottery jurisdictions, including integrated lottery systems, retailer terminals, self-service vending products, mobile app enhancements, and cloud-based sales force automation tools. Other recurring themes include responsible gaming initiatives, annual reporting under Form 20-F, and updates tied to Brightstar's international lottery operations.
Brightstar Lottery (NYSE: BRSL) has scheduled its second quarter 2025 earnings conference call for Tuesday, July 29, 2025, at 8:00 a.m. EDT. The call will discuss financial results for the period ended June 30, 2025.
Participants can pre-register for the conference call to receive a dial-in number and unique PIN. Additionally, a live webcast will be available on Brightstar's Investor Relations website under the "Events Calendar" section, with a replay accessible after the call.
Brightstar Lottery (NYSE:IGT) has completed the sale of its Gaming & Digital business to Apollo Global Management for approximately $4.0 billion in net cash proceeds. The company will begin trading under the new ticker symbol BRSL on July 2, 2025.
The proceeds will be allocated across several initiatives: $2.0 billion for debt reduction focusing on near-term maturities, $1.1 billion for shareholder returns (including a $3.00 per share special dividend and a $500 million share repurchase program), $500 million for Italy Lotto license payments, and $400 million for general corporate purposes.
The special dividend will be payable on July 29, 2025, to shareholders of record as of July 14, 2025. The company aims to maintain a strong balance sheet with a target net debt leverage around 3.0x, with pro forma net debt leverage of 3.5x as of March 31, 2025.