GTECH Chosen by the State of Missouri for Seven-Year Integrated Services Lottery Contract

GTECH Chosen by the State of Missouri for Seven-Year Integrated
Services Lottery Contract
Company to Install Enterprise Series(TM) Architecture and 6,000 Altura(R)
Terminals 


WEST GREENWICH, R.I. Dec. 16 /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation (NYSE:GTK) today announced that its wholly-owned subsidiary, GTECH
Corporation, was chosen by the State of Missouri to provide a new online
lottery central system, terminals, and ongoing services under a proposed
seven-year integrated services contract which is expected to commence July 1,
2005.  The Missouri Lottery has the option to renew the contract for up to
eight years beyond the expiration date of June 30, 2012.  Today's decision is
the result of a competitive procurement.

"We've had a successful partnership with the Missouri Lottery since 1991, and
we are grateful for the opportunity to build on this relationship over the next
seven years," said GTECH President and CEO W. Bruce Turner.  "We believe the
Lottery's decisions throughout the procurement process have been focused on the
importance and value of providing the highest quality products and services
available.  Today's announcement verifies that belief."

Subject to the successful completion of a new contract, GTECH will provide the
Missouri Lottery with the Company's Enterprise Series(TM) architecture and
approximately 6,000 Altura(R) terminals.  In addition, the communications
network will be partially provided by GTECH and will consist of VSAT, radio,
and leased line.

GTECH will provide ongoing services to the Missouri Lottery including
installation and maintenance of the central system, terminals, and
communications network; software maintenance; retailer training; marketing
support; hotline management; and field service.

With respect to its proposed contract with the Missouri Lottery, GTECH expects
to generate approximately $85 million over the seven-year term.

The Missouri Lottery has been a valued GTECH customer since 1991.  Since its
fiscal year 2000, the Missouri Lottery's total sales have increased year-
over-year from $507 million in fiscal 2000 to $791 million in fiscal 2004.
Lottery profits in Missouri are earmarked for education.

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) risks and
uncertainties inherent in doing business in foreign jurisdictions; (v) the
relatively large percentage of the Company's revenues attributable to a
relatively small number of the Company's customers; (vi) the possibility of
significant fluctuation of quarterly operating results; (vii) the intensity of
competition in the lottery and gaming industries; (viii) the possibility of
substantial penalties under and/or termination of the Company's contracts; (ix)
the ability of the Company to respond to technological change and to satisfy
the future technological demands of its customers; (x) opposition to expansion
of lottery and gaming; (xi) the Company's ability to attract and retain key
employees; and (xii) the possibility of adverse determinations in pending legal
proceedings.

GTECH, a leading global information technology company with over $1 billion in
revenues and more than 5,400 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 Corporation



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

[phone]



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

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