GTECH Signs New Long-Term Integrated Services Contract to Provide Complete Video Lottery Solution in Jamaica

GTECH Signs New Long-Term Integrated Services Contract to Provide
Complete Video Lottery Solution in Jamaica 


WEST GREENWICH, R.I., July 12  /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation (NYSE:GTK) today announced that its wholly-owned subsidiary, GTECH
Global Services Corporation, signed a new contract to provide a complete video
lottery solution, including a central system, video lottery terminals (VLTs), a
communications network, and related services to Supreme Ventures Limited in
Jamaica.  The new contract is coterminous with GTECH's existing online lottery
contract with Supreme Ventures, which is set to expire in January 2011.

"The video lottery contract in Jamaica is an important development for the
Gaming Solutions team," said GTECH President and CEO W. Bruce Turner.  "As the
demand for video lottery grows around the world, we are well-positioned to
provide a complete video lottery solution.  With the recent acquisition of
Spielo, we can now provide a single source of accountability for online central
systems, system design, terminals, communications networks, game development,
marketing services, and ongoing support operations worldwide."

Under the terms of the new integrated services contract, GTECH will provide
Supreme Ventures with the Company's Enterprise Series(TM) Video Lottery central
system solution and approximately 125 Spielo VLTs to be installed in Kingston
initially.  Supreme Ventures has the option to expand the number of VLTs over
the life of the contract.  A variety of telecommunications technologies will be
installed as the interface between the VLTs and the central system.

GTECH will provide ongoing services to Supreme Ventures including installation
and maintenance of the central system, VLTs, and the communications network;
field and marketing services; and data center operations from GTECH's existing
facility in Austin, Texas.  The new video lottery central system is expected to
be operational by December 2004.

Supreme Ventures has been a valued GTECH lottery customer since it began online
sales in 2001.  With respect to its new contract with Supreme Ventures, GTECH
expects to generate approximately $50 million to $60 million in revenues over
the contract term.

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.  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 $1 billion in
revenues and more than 5,500 people in 45 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



CONTACT:  Robert K. Vincent, Public Affairs of GTECH Corporation, +1-401-

392-7452



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

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