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2025 was a transformational year for Brightstar
Brightstar Lottery reported ‘better-than-expected fourth quarter revenue’ with revenue of $668m, up three per cent. For the full year, revenue was $2.5bn, up 1.7 per cent, and in line with the prior-year period.
During the quarter, Brightstar secured several meaningful contract wins and extensions including a nine-year Lotto operator license in Italy; an eight-year facilities management contract in Missouri; an eight-year facilities management contract in Wisconsin; a 15-year license in São Paulo, Brazil in partnership with Scientific Games; a 19-year contract in Western Australia; a two-year extension in Texas; and several multi-year instant ticket printing contract extensions.
In the US, revenue growth was 3.5 per cent per cent led by multi-state jackpot activity and iLottery
There was an impact from the company’s UK transition and an increased Italy Lotto service revenue amortisation.
“Better-than-expected fourth quarter revenue and profit growth reflect the value of our diverse portfolio across geographies and games,” said Vince Sadusky, CEO of Brightstar. “2025 was a transformational year for us. We executed major strategic priorities, including selling IGT Gaming and increasing capital returns to shareholders. 2026 is an important year of investment in several high-ROI growth initiatives such as Italy B2C digital expansion and launching a new lottery in São Paulo, which we expect to drive accelerated sales and profit growth through 2028.”
“Our balanced approach to capital allocation was on display in 2025 with over $2 billion in debt reduction, bringing leverage to historic lows; over $1 billion returned to shareholders; and investments in key initiatives,” said Max Chiara, CFO of Brightstar. “We enter 2026 well-positioned to fund contractual obligations that put us on the path to achieving our 2028 financial targets.”
