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Atlantic Lottery Selects GTECH

27 October 2004

WEST GREENWICH, Rhode Island – (PRESS RELEASE) -- 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.

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