Brightstar Lottery PLC

Brightstar Lottery PLC announced the repurchase of 935,500 of its ordinary shares for an aggregate amount of $10,483,880.54. These repurchases were conducted as part of the company's ongoing $500 million share repurchase program, which was initially announced on July 1, 2025. The shares were acquired on various dates in May and June 2026 and are now being held in treasury.

Brightstar Lottery PLC announced changes to its senior leadership team as part of its operational evolution. Renato Ascoli, CEO, Global Lottery, will step down on June 30, 2026, after a 20-year career with the company. Marco Tasso, currently COO, International and Italy Operations, will be promoted to Executive Vice President and Chief Operating Officer, Global Lottery, effective July 1, 2026. Tasso will oversee all global lottery operations and report directly to Brightstar CEO, Vince Sadusky.

Brightstar Lottery PLC has adopted new Articles of Association and established a Loyalty Plan, effective May 12, 2026. The new Articles outline the company's governance structure, including directors' powers, decision-making processes, and shareholder rights, while also committing to compliance with NYSE corporate governance standards. The Loyalty Plan introduces Special Voting Shares to reward long-term ownership of Ordinary Shares and promote stability in the shareholder base.

Brightstar Lottery PLC reported its first-quarter 2026 results, showing a significant improvement in profitability. Net income attributable to Brightstar Lottery PLC rose to $37 million, or $0.20 per share, compared to $27 million, or $0.13 per share, in the prior year. Total revenue saw a slight increase to $587 million. The company also reported a decrease in total liabilities and an increase in total shareholders' equity, partly driven by a capital increase from non-controlling interests.

Brightstar Lottery PLC reported a solid start to 2026, with first-quarter revenue increasing 1% to $587 million, primarily driven by strong performance in Italy and a positive U.S. sales mix. Income from continuing operations surged to $63 million, and Adjusted EBITDA grew 15% to $287 million, reflecting profit flow-through from higher revenue and disciplined operations. The company continued its commitment to shareholder returns, deploying over $70 million in Q1 2026, and reaffirmed its full-year 2026 revenue and profit outlook.