Societe de la Loterie de la Suisse Romande Names GTECH Preferred Bidder for Integrated Online and Instant Ticket System, Termina

Societe de la Loterie de la Suisse Romande Names GTECH Preferred
Bidder for Integrated Online and Instant Ticket System, Terminals, and Wireless
Communications Network 


WEST GREENWICH, R.I., Nov. 4  /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation (NYSE:GTK) today announced that its wholly-owned subsidiary, GTECH
Corporation, has been named the preferred bidder by Societe de la Loterie de la
Suisse Romande (LoRo) for a new integrated online and instant- ticket lottery
system, terminals, and communications network.  GTECH received the highest
technical score following a competitive procurement that involved five other
bidders.

"We offered LoRo a fully integrated lottery solution that will improve their
current business processes and provide the highest level of reliability,
security, and integrity," said GTECH President and CEO W. Bruce Turner.  "Not
only can new retailers be brought online quickly and cost efficiently, but new
services, applications, and devices can be seamlessly integrated into retailer
systems, making managing lottery operations easier and more efficient."

"This award is also significant in that it will bring LoRo's instant ticket
sales and validation online for the first time," continued Mr. Turner.

Subject to the successful completion of a product sale agreement, the Company
will install GTECH's Enterprise Series(TM) architecture, featuring internet
protocol (IP) web component technology that will offer a state-of- the-art
platform for LoRo's new online and instant ticket system.  GTECH will upgrade
the existing online applications, currently using GTECH's ProSys(R) system, to
Enterprise Series.  The Company will also provide LoRo with approximately 2,000
Altura(R) LVT terminals, 100 handheld terminals, and project management
services.

In addition, an advanced IP-based wireless communications system will be
installed as the interface between retailers and the central system.

"GTECH is pleased to be strengthening this relationship with LoRo, and we look
forward to a long and successful affiliation," said Mr. Turner.

LoRo has been a valued GTECH customer since 1994, a partnership which has
brought about innovations and increased revenues to support the good causes in
Switzerland.  With respect to its proposed agreement with LoRo, GTECH expects
to generate approximately $12 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 $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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