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GTECH ANNOUNCES NEW AGREEMENT AND CONTRACT IN SOUTH AMERICA

 WEST GREENWICH, R.I., April 26 /PRNewswire/ -- GTECH (NYSE: GTK) today announced an agreement to provide equipment and services in the province of Buenos Aires, Argentina, and a new contract in Caracas, Venezuela.
 With respect to Buenos Aires, GTECH has signed an agreement to supply, on a turnkey basis, an on-line lottery system to Software De Juegos, a newly formed Argentine company. Software De Juegos represents a joint venture between two Argentine lottery suppliers, IVISA and Boldt Impresores, with GTECH maintaining a minority position. Software De Juegos has signed a long-term agreement to supply on-line lottery products and services to the Provincial Institute of Lottery and Casinos (PILC), which operates the provincial lottery of Buenos Aires.
 The PILC plans to gradually convert its current off-line lottery to an on-line, computerized system, which will include an initial installation of approximately 1,000 on-line terminals, and will expand to as many as 2,500 terminals.
 GTECH also announced that the company has signed a new five-year contract with the Loteria de Caracas in Venezuela. GTECH has been supplying equipment and services to the Lottery since 1986 under a full facilities-management agreement. Included in the contract is a provision for the implementation of Club Keno(tm), a fast-paced lottery game.
 The Lottery plans to begin the Keno game in early summer 1993 with an initial start-up of approximately 400 points of sale. Caracas will represent the ninth jurisdiction worldwide offering GTECH-supplied and operated Keno-type lottery games.
 In commenting on these announcements, GTECH Chairman Victor Markowicz, said, "GTECH has been a supplier of products and services to South America lotteries for many years, and we are gratified to be able to continue our relationship with the Loteria de Caracas and to begin a new relationship with Software de Juegos and the provincial lottery of Buenos Aires. By offering new products and services to existing customers and beginning new customer relationships, GTECH further strengthens its position in this very important region."
 GTECH Corporation designs, produces implements, operates and services computerized networks for government-sponsored or licensed lotteries on five continents. In addition, GTECH Corporation provides a wide variety of instant ticket support services. GTECH currently supplies and/or operates lottery systems for 25 U.S. customers and 34 jurisdictions outside of the United States.
 GTECH Corporation employs approximately 1,000 people in Rhode Island and more than 3,100 worldwide.
 -0- 4/26/93
 /CONTACT: Craig Watson of GTECH Corporation, 401-392-1000/
 (GTK)


CO: GTECH Corporation ST: Rhode Island IN: SU: CON

DD-CH -- NE006 -- 0480 04/26/93 09:08 EDT
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Date:Apr 26, 1993
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