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Brightstar Lottery Sign Three-Year Contract Extension With Slovakia's Government-Owned Lottery TIPOS
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TIPOS has been a valued Brightstar customer for more than 30 years. Under its most recent contract with TIPOS, signed in 2019 and which this agreement extends to 2032, Brightstar implemented in Slovakia a new lottery central system, next-generation retailer terminals, and related support services. Brightstar will further support TIPOS' business expansion by delivering up to 2,500 new mobile lottery terminals, handheld devices that provide lotteries expanded reach and enhanced convenience.

"Brightstar continues to deliver important services and innovative solutions to help us grow lottery in Slovakia," said Štefan Vyletel, Chairman of the Management Board and CEO of TIPOS. "The success of our partnership funds a variety of good causes in Slovakia, including education and sports, and we are pleased to extend our agreement."

"We are honored that TIPOS has entrusted us to serve Slovakia's lottery for three decades," said Marco Tasso, Brightstar Chief Operating Officer International and Italy Operations. "The handheld terminals we are deploying will enable TIPOS to convert offline instant ticket sales activities to online sales at the individual ticket level, while expanding the number of points of sale locations that players can purchase draw-based lottery games. We remain firmly committed to providing TIPOS and its players with exciting and innovative lottery solutions to help drive funding for good causes in Slovakia."

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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