Don't Ignore Brightstar Lottery

Jason Ditz1.5K FollowersFollow5ShareSavePlay(11min)CommentsSummaryBrightstar Lottery has transformed into a pure-play lottery provider, focusing growth efforts on Italy after divesting non-lottery assets.BRSL’s €2.2 billion, 9-year Italy Lotto concession is now the company’s main growth driver and risk, with Italy representing the only recent revenue expansion.Dividend yield stands at a robust 7.51%, supported by stable cash flows and ongoing share buybacks, positioning BRSL as an attractive income stock.I rate BRSL a buy at current lows, viewing it as a resilient, contrarian ‘flight to safety’ play amid market uncertainty, with Italy Lotto performance as the key catalyst. payphoto/iStock Editorial via Getty Images Recent geopolitical chaos and surging commodities have led to a trying time on the stock market. Some have surged only to turn on a dime when the situation changes, while other stocks have fallen out ofThis article was written byJason Ditz1.5K FollowersFollowI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statecraft. I have been writing investment analysis, with a focus on deep-discount value plays, for over 25 years. I I got my start analyzing securities for a stock-picking contest on the now defunct StockJungle in college. After winning one of the top prizes for quarterly performance, I was hired to write a monthly article about micro-cap stocks, again with a value perspective. After StockJungle went belly-up, with its focus on momentum investing, I started to take a close interest in the contrarian investment philosophy of David Dreman. I began writing for Motley Fool and ultimately Seeking Alpha. My goal is to find underappreciated companies with a focus on returning value to investors.Analyst’s Disclosure: I/we have a beneficial long position in the shares of BRSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.