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Global Lottery Corporation Signs National Turf Lottery Contract for Brazil.


LAS VEGAS, Nov. 24 /PRNewswire-FirstCall/ -- Global Lottery Corporation (Pink Sheets: GTTC) is proud to announce that it has signed a National Turf Lottery contract for Brazil with Playhouse Empreendimentos Ltda.

Playhouse Empreendimentos Ltda Brazil has awarded an exclusive ten year license with a ten year renewal option, to install Global Lottery Corporation's proprietary Lottery Operating Systems throughout Brazil. Global Lottery Corporation will own, operate, and install all aspects of the new National Turf Lottery. The Brazilian head office is to be located in Porto Alegre - Rio Grande do Sul - Brazil.

Gary Newman, Chairman, CEO states, "Instead of ball machines determining winning numbers for the National Turf Lottery, one of the many Jockey Clubs will supply random Lottery numbers supplied by the outcome of horse races in Brazil. This will provide reasons for the Racetracks of Brazil to attract more attention to horse racing. In recent years horseracing has been declining in attendance but with the races becoming the number generator for the National Turf Lottery, this will attract much needed attention and attendance to beleaguered racetracks."

Newman states, "In Brazil with its 197 million population coupled with a robust economy the National Turf Lottery is expected to generate ten billion US dollars per year in gross revenue, based upon an industry standard formula utilizing GDP and population."

"Playhouse Empreendimentos Ltda and Global Lottery Corporation combined will contribute ten percent of the gross National Turf Lottery ticket sales to a fund dedicated to education and social work," states Rogerio Rocca, CEO. "Our National Turf Lottery will be a means of contributing to a more just and egalitarian society in Brazil, our great country."

About Global Lottery Corporation

Global Lottery Corporation owns and manufactures its own proprietary hardware and software systems either directly or indirectly, and specializes in the supply of state of the art Lottery or Pari-mutuel systems to Governments throughout the World.

DISCLAIMER: Certain information included herein is forward looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements about the company's anticipated operating results and financial resources. Such forward-looking information involves important risks and uncertainties that could significantly affect actual results and cause them to differ materially from expectations expressed herein and in other company reports, filings, statements and presentations. If one or more of the assumptions underlying our forward-looking statements proves incorrect, then the Company's actual results, performance or achievements could differ materially from those expressed in, or implied by the forward-looking statements contained in this report. Therefore, we caution you not to place undue reliance on our forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This statement is provided as permitted by the Private Securities Litigation Reform Act of 1995.

PR Contact:
Wakabayashi Fund LLC
Mr. Jeff Stone
(Tele 1.914.613.3002)

North American Correspondent:
World Stock Exchange LLC
Mr. Bret Reiss
(Tele 1.480.505.0525)


Company Contact: Fred Neilson, 1.778.828.0447