Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 39

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 3
Chunk 39
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 meet financial obligations, which could result in a higher level of losses causing a material impact on reported results and reputation. Further, the highly competitive and innovative nature of the payment processing technology industry, as some of our competitors have greater financial and operational resources than we do, which may give them an advantage with respect to the pricing of services and the ability to develop new and disruptive technologies.

Our payment processing services operation operates in target markets, including the Middle East and Africa, which are impacted by political, social, and economic instability risks, including the risk of a geopolitical event that impacts our ability to do business or to meet our strategic objectives. In particular, on-going conflict in the Middle East presents risks to the regional economy. Our operations in the Middle East and Africa are also impacted by the risk of failing to maintain our strategic position as the best payments partner in the region, which could cause a loss of market share, stalled growth, and an inability to meet profit targets.

  32      Brookfield Business Partners  

Our payment processing services operation is subject to minimum capital funding requirements and is impacted by liquidity, foreign exchange, and interest rate risks that could affect our ability to meet our financial obligations, profitability targets, or working capital needs.

Risks Relating to Our Infrastructure Services Operations

There are risks associated with our lottery services operation.

Our lottery services operation depends heavily on our ability to win, maintain and renew our long-term lottery contracts, and we could lose substantial revenue if we are unable to renew such contracts on substantially similar terms or at all. As some jurisdictions seek to privatize or outsource lottery services operation, we face competition from both traditional and new competitors with respect to these opportunities. In some cases, we may find it necessary or desirable to enter into strategic relationships with third parties, including competitors, and may be required to commit significant sums of money in order to pursue these opportunities.

The success of our lottery services operation depends on our ability to produce new and innovative products and services that respond to customer demand and create strong and sustained player appeal. The process of developing new products and services is inherently complex and uncertain. If we fail to do so, we could lose business to our competitors.

Our lottery business depends on suppliers and contract manufacturers, and any failure of these parties to meet our performance and quality standards or requirements could cause us to incur additional costs or lost customers. Our production of instant lottery products are dependent upon a continuous supply of raw materials, supplies, power and natural resources and the manufacture and maintenance of our lottery systems are dependent upon a regular