Brightstar and Scientific Games Form New Lottery Company in Brazil
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
0mins
Source: Newsfilter
- Joint Venture Formation: Brightstar Global Solutions and Scientific Games have established SP Loterias SPE S.A. in Brazil, signing a 15-year exclusive lottery operation agreement aimed at providing diverse lottery options for São Paulo's 44 million residents, thereby stimulating local economic development.
- Technological Integration Advantage: The joint venture will leverage both companies' technological strengths to deliver a seamless lottery experience across retail and digital channels, which is expected to significantly enhance user engagement and generate funding for healthcare investments.
- Market Expansion Potential: Through this collaboration, Brightstar will utilize its 40-plus years of lottery operation experience to strengthen its influence in the Brazilian market, likely attracting more players and enhancing brand recognition.
- Commitment to Social Responsibility: The new lottery initiative will not only entertain players but also support healthcare investments in São Paulo through lottery revenues, reflecting the company's commitment to social responsibility and community contribution.
Analyst Views on BRSL
Wall Street analysts forecast BRSL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BRSL is 19.33 USD with a low forecast of 18.00 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 14.040
Low
18.00
Averages
19.33
High
21.00
Current: 14.040
Low
18.00
Averages
19.33
High
21.00
About BRSL
Brightstar Lottery PLC, formerly International Game Technology PLC, is a global lottery company. The Company provides integrated solution OMNIA, that unites retail and digital lottery channels. Its technology solutions include retail solutions, digital solutions, and systems. Its retail terminals support all types of retailers with the camera technology in the smallest footprint, which includes Retail Terminals, Self-Service Vending, In-Lane Lottery Solutions, and LotteryLink. Its Retail Terminals include Retailer Pro S2 Lottery Terminal, Retailer Select Lottery Terminal, Retailer Vue Lottery Terminal, and Retailer to Go S2. Its Self-Service Vending includes GameTouch 28, GameTouch 20, and GameTouch Draw S2. Its digital solutions include Web and mobile solutions, digital systems and data platforms. Its lottery solution is a suite of lottery products and applications. Its instant ticket services are suppliers of instant games and services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
