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Games, Inc. to Launch Lottery Corporation Spin-Off26 October 2005CINCINNATI, Ohio -- (PRESS RELEASE) -- Games Inc. (OTC BB:GMSI.OB) The Board of Directors of Games, Inc. voted Tuesday to spin off the shares of Lottery Corporation to its shareholders, both to better recognize the value inherent in those shares and to unlock shareholder value. The Lottery Corporation shares will be distributed as a stock dividend, with each Games Inc. shareholder receiving 1 share of Lottery for each 4 shares of Games Inc. held on the Record Date, rounded up to the nearest whole share. The Company will be setting the Record Date shortly and will communicate the date to all shareholders. "With states now recognizing that they can generate an estimated 10% to 15% increase in total lottery revenues, providing badly needed funds for education, Lottery Online has become an active topic in most U.S. and Canadian lottery jurisdictions. We felt it was timely to allow current and future shareholders a way to invest directly in the expected future growth in this market," said Roger Ach, CEO of Games, Inc. and Chairman of Lottery Corporation. Lottery Corporation has developed a secure and extensive software application to allow consumers access to their own state lotteries. This Lottery Online market is the most rapidly growing segment of the Camelot National Lottery of the United Kingdom, www.national-lottery.co.uk ; and has recently been successfully introduced in the Atlantic Provinces of Canada at www.playsphere.ca. |