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VIDEO LOTTERY TECHNOLOGIES RECEIVERS APPROVAL TO MARKET LOTTERY TERMINALS IN AUSTRALIA

 VIDEO LOTTERY TECHNOLOGIES RECEIVERS APPROVAL
 TO MARKET LOTTERY TERMINALS IN AUSTRALIA
 BOZEMAN, Mont., July 29 /PRNewswire/ -- Video Lottery Technologies, Inc. (NASDAQ-NMS: VLTS), a leading operator of on-line lottery systems and manufacturer of video lottery terminals, today announced that it has received approval from the Victorian Gaming Commission in Melbourne, Australia, on its application to market and distribute its video terminals in the state of Victoria. Video Lottery Technologies' placement on the Victorian Roll of Manufacturers and Suppliers of Gaming Machines makes it the only foreign manufacturer licensed to supply this type of electronic gaming equipment, according to management.
 Larry J. Lippon, chief executive officer of Video Lottery Technologies, Inc., indicated that the gaming commissions' approval of Video Lottery's application should allow the company to gain significant new orders.
 Ian Phillips, delegate of the director of the Victorian Gaming Commission, issued the formal notice for approval of the company's application earlier today in Melbourne.
 Video Lottery Technologies, Inc., through its principal subsidiaries, Video Lottery Consultants, Inc. and Automated Wagering International, Inc., is the leading manufacturer of video lottery terminals and is one of the principal operators of systems software and related services for the on-line lottery and video lottery markets. Presently, the company's on-line lottery and video lottery terminals and systems are in operation in Western Europe, Australia, Canada, and the United States.
 For more information on Video Lottery Technologies, Inc. via facsimile at no cost, simply dial 800-PRO-INFO and enter company code number 165.
 -0- 7/29/92
 /CONTACT: Damian J. Greco, senior vice president of corporate development of Video Lottery Technologies, 406-586-4423, or Audrey Lowe of the Financial Relations Board, 312-266-7800, for Video Lottery/
 (VLTS) CO: Video Lottery Technologies, Inc. ST: Montana IN: SU:


SM -- NY087 -- 4669 07/29/92 14:00 EDT
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Publication:PR Newswire
Date:Jul 29, 1992
Words:294
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