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.
Brightstar Lottery (NYSE: BRSL - Get Free Report) and Fitness Champs (NASDAQ: FCHL - Get Free Report) are both services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, earnings, risk, valuation, analyst recommendations and dividends. Institutional and Insider Ownership 44.3% of Brightstar Lottery