Brightstar Lottery (BRSL) rated BUY is expected to see improving operating cashflows which makes the dividend sustainable. 2Q26 cashflow was negatively impacted by a non recurring concession payment while overall business operations remained steady. Key growth driver is expansion into digital and iLottery platforms, targeting online and mobile lottery markets in Italy.
Brightstar Lottery NYSE: BRSL reported second-quarter results that management said featured better-than-expected profit, supported by global same-store sales growth, cost discipline and expense recoveries, while the company continued to fund digital, retail and international expansion initiatives.
Brightstar Lottery has transformed into a pure-play lottery provider, focusing growth efforts on Italy after divesting non-lottery assets. BRSL's €2.2 billion, 9-year Italy Lotto concession is now the company's main growth driver and risk, with Italy representing the only recent revenue expansion. Dividend yield stands at a robust 7.51%, supported by stable cash flows and ongoing share buybacks, positioning BRSL as an attractive income stock.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Chad Beynon Macquarie | 580.62 | $5,829.43 | $5,608.79 | -$220.64 | -3.78% |