Atlantic Lottery Corporation Selects GTECH for New Video Lottery Central System and Services

Atlantic Lottery Corporation Selects GTECH for New Video Lottery
Central System and Services 


WEST GREENWICH, R.I., Oct. 27  /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation (NYSE:GTK) today announced that its wholly-owned subsidiary, GTECH
Corporation, has been selected to replace the Atlantic Lottery Corporation's
(ALC) existing video lottery central system and provide management services,
following a competitive procurement.

"ALC is a highly-respected, forward-thinking organization, and we are eager to
use this opportunity to develop a closer strategic relationship with this
customer," said GTECH President and CEO W. Bruce Turner.  "GTECH's Enterprise
Series Video central system will offer ALC enhanced functionality including an
integrated player tracking solution, and game software downloading capability
from the central system to the video lottery terminals."

Subject to the successful completion of negotiations respecting a product sale
agreement, GTECH will replace ALC's existing video lottery central system,
currently provided by another vendor, with GTECH's Enterprise Series(TM) Video
central system.  The new system will monitor the integrity and security of over
9,000 video lottery terminals (VLTs) currently installed in age-controlled
establishments throughout New Brunswick, Prince Edward Island, Nova Scotia, and
Newfoundland and Labrador.

"GTECH's central system will provide ALC with improved system performance and
reliability, ultimately resulting in increased player satisfaction," continued
Mr. Turner.

GTECH will provide ongoing services to ALC including central system support and
maintenance.  GTECH's subsidiary, Spielo, will also provide project support and
development from its offices in Moncton, New Brunswick, Canada.

Through its acquisition of Spielo, GTECH has provided ALC with VLTs since 1991.
 With respect to its proposed agreement with ALC, GTECH expects to generate
approximately US$9 million in revenue.

Certain statements contained in this press release are forward looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934.  The Company identifies
forward looking statements by words such as "may," "will," "should," "could,"
"expect," "plan," "anticipate," "intend," "believe," "estimate," "continue," or
similar words that refer to the future.  Such statements include, without
limitation, statements relating to the prospects and financial outlook for the
Company, which reflect management assumptions regarding:  (i) the future
prospects for and stability of the lottery industry and other businesses in
which the Company is engaged or expects to be engaged, (ii) the future
operating and financial performance of the Company (including, without
limitation, expected future growth in revenues, profit margins and earnings per
share), and (iii) the ability of the Company to retain existing business and to
obtain and retain new business.  Such forward looking statements reflect
management's assessment based on information currently available, but are not
guarantees and are subject to risks and uncertainties that could cause actual
results to differ materially from those contemplated in the forward looking
statements.

These risks and uncertainties include, but are not limited to, those set forth
above, in the Company's subsequent press releases and on reports by the Company
on Forms 10-K, 10-Q and 8-K, and other reports and filings with the Securities
and Exchange Commission, as well as risks and uncertainties respecting:  (i)
the potential impact of extensive and evolving government regulations upon the
Company's business; (ii) the ability of the Company to continue to retain and
extend its existing contracts and win new contracts; (iii) the possibility of
slower than expected growth or declines in sales of lottery and gaming goods
and services by the Company or the Company's customers; (iv) exposure to
foreign currency fluctuations; (v) risks and uncertainties inherent in doing
business in foreign jurisdictions; (vi) the relatively large percentage of the
Company's revenues attributable to a relatively small number of the Company's
customers; (vii) the possibility of significant fluctuation of quarterly
operating results; (viii) the intensity of competition in the lottery and
gaming industries; (ix) the possibility of substantial penalties under and/or
termination of the Company's contracts; (x) the ability of the Company to
respond to technological change and to satisfy the future technological demands
of its customers; (xi) opposition to expansion of lottery and gaming; (xii) the
Company's ability to attract and retain key employees; and (xiii) the
possibility of adverse determinations in pending legal proceedings.

GTECH, a leading global information technology company with over US$1 billion
in revenues and more than 5,500 people in over 50 countries, provides software,
networks, and professional services that power high-performance, transaction
processing solutions.  The Company's core market is the lottery industry, with
a growing presence in commercial gaming technology and financial services
transaction processing.  For more information about the Company, please visit
GTECH's website at http://www.gtech.com/.

  Contact:
   Robert K. Vincent
   Public Affairs
   GTECH Corporation
   401-392-7452


DATASOURCE: GTECH Holdings Corporation



CONTACT:  Robert K. Vincent, Public Affairs of GTECH Corporation,

[phone]



Web site:  http://www.gtech.com/

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