Brightstar Lottery (NYSE: BRSL) files full 9-year Italy Lotto agreement
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Brightstar Lottery PLC filed a Form 6-K to provide investors with the full text of its new Italy Lotto operating agreement. The company explains that its subsidiary, LottoItalia S.r.l., has signed an agreement to operate the Italy Lotto for the next nine years and manage other fixed-odds number games. The concession runs through November 30, 2034, under an agreement with the Italian regulator Agenzia delle Dogane e dei Monopoli. The filing states that this Form 6-K and the attached agreement are deemed filed, not furnished, and will be incorporated by reference into Brightstar Lottery’s existing and future registration statements, including its Form S-8.
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FAQ
What did Brightstar Lottery PLC (BRSL) announce in this Form 6-K?
Brightstar Lottery PLC reported that its subsidiary LottoItalia S.r.l. has signed the agreement to operate the Italy Lotto for the next nine years and filed the full agreement as an exhibit.
How long will Brightstar Lottery (BRSL) operate the Italy Lotto under this agreement?
The agreement grants LottoItalia S.r.l. a concession to manage the Italy Lotto and related fixed-odds number games through November 30, 2034.
Which Brightstar Lottery subsidiary is responsible for the Italy Lotto agreement?
The agreement is held by LottoItalia S.r.l., a subsidiary of Brightstar Lottery PLC, which will manage the Italy Lotto and other fixed-odds number games.
Who is the counterparty to Brightstar Lottery’s Italy Lotto concession agreement?
The agreement is between Italy’s Agenzia delle Dogane e dei Monopoli and LottoItalia S.r.l., Brightstar Lottery’s subsidiary.
How is this Italy Lotto agreement used in Brightstar Lottery’s SEC filings?
The company states that the information in this Form 6-K and the attached agreement is deemed filed and will be incorporated by reference into its Form S-8 and any future registration statements.
Does this Form 6-K include the full Italy Lotto concession contract for Brightstar Lottery (BRSL)?
Yes. The Form 6-K includes as Exhibit 4.1 the full agreement for the concession to manage the automated service of the lotto game and other fixed-odds number games.