Record Q3 Revenue and Profit
Brightstar Lottery reported better-than-expected Q3 revenue and profit results, driven by significant global same-store sales acceleration. Year-to-date revenue reached $1.8 billion.
Successful Sale of IGT Gaming
Closed the sale of IGT Gaming for $4 billion in cash, refocusing the company as a lottery pure-play business.
Significant Shareholder Returns
Returned nearly $1 billion to shareholders through dividends and share repurchases, including a 10% increase in the cash dividend per share.
Strong Same-Store Sales Growth
Same-store sales rose 8% in Q3, with multi-state jackpot sales up 70%.
Global iLottery Sales Growth
Global iLottery sales increased over 30%, with notable growth in Italy and the U.S.
Improved Financial Position
Net debt reduced to $2.6 billion, with total liquidity of $3.2 billion and a leverage ratio of 2.3x.