Brightstar Lottery Finalizes Sale and Announces $1.1 Billion Shareholder Return
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International Game Technology ( (IGT) ) has issued an announcement.
On July 1, 2025, Brightstar Lottery completed the sale of its Gaming & Digital business to a holding company managed by Apollo Global Management. Following this transaction, Brightstar will trade under the ticker symbol BRSL on the New York Stock Exchange starting July 2, 2025. The company plans to return $1.1 billion to shareholders through a special cash dividend and a share repurchase program, while also using $2 billion to reduce debt. This strategic move is expected to enhance shareholder value and position the company for future growth.
The most recent analyst rating on (IGT) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on International Game Technology stock, see the IGT Stock Forecast page.
Spark’s Take on IGT Stock
According to Spark, TipRanks’ AI Analyst, IGT is a Neutral.
International Game Technology demonstrates strengths in operational efficiency and cash flow generation. However, declining revenues and high leverage present notable risks. The technical indicators suggest a lack of strong momentum, while the stock’s valuation and dividend yield offer a positive view for investors. The earnings call highlights both opportunities and challenges, with macroeconomic uncertainties impacting the outlook.
To see Spark’s full report on IGT stock, click here.
More about International Game Technology
Brightstar Lottery, operating as International Game Technology PLC, is a global leader in the lottery industry, providing secure technology and comprehensive solutions. The company is renowned for its lottery operations, retail and digital solutions, and award-winning games, serving governments and regulators worldwide with a focus on integrity and responsibility.
Average Trading Volume: 1,869,370
Technical Sentiment Signal: Sell
Current Market Cap: $3.18B
For detailed information about IGT stock, go to TipRanks’ Stock Analysis page.
