GTECH, Hasbro Sign Deal - Thursday 22nd of December 2005

WEST GREENWICH, Rhode Island – GTECH HoldingsCorporation (NYSE: GTK) announced today that its wholly-owned subsidiary,GTECH Corporation, signed a licensing agreement with the Hasbro PropertiesGroup, the intellectual property development arm of Hasbro, Inc. (NYSE: HAS).The license grants GTECH the exclusive rights in the United States and Canadato develop and market slot machines and video lottery terminals (VLTs)featuring THE GAME OF LIFE property brand in the casino and government-sponsored environments.

"GTECH's focus remains on enhancing the entertainment value of the gamingexperience for our players," said Marc Crisafulli, Senior Vice President ofGaming Solutions for GTECH. "THE GAME OF LIFE is one of the world's mostpopular board games and will become the foundation of a multi-game developmenteffort by GTECH in the gaming machine market. In fact, this is the firstlicense for branded content in our Gaming Solutions' efforts. With thefamiliar icons and game play of the classic board game, THE GAME OF LIFE issure to evoke fond memories and create new ones for anyone that plays."

"GTECH presented a compelling business opportunity that we believe willmaximize the strength of THE GAME OF LIFE brand in the gaming environment andallow millions of adults to enjoy this classic game in new and unique ways,"said Jane Ritson-Parsons, President of Hasbro Properties Group. "We lookforward to many years of entertaining gaming products themed to THE GAME OFLIFE from GTECH's team of creative game developers."

"We are excited about working with Hasbro and expanding our gamingbusiness through the licensing of proven and popular game content, such as THEGAME OF LIFE," continued Mr. Crisafulli.

Spielo, a GTECH subsidiary, will develop the games on its platforms andmanufacture and distribute the games to the government-sponsored gamingmarkets. Global gaming machine supplier, Atronic, has been pre-approved byHasbro to be one of GTECH's sub-licensees, granting Atronic the right todevelop the games on its platforms and manufacture and distribute the games toNative American and commercial gaming markets. GTECH acquired leading gamingmachine manufacturer Spielo in 2004, and, in the past year, announced anagreement to acquire a 50 percent controlling equity interest in Atronic.Game development plans include linked progressive games and stand-alonededicated games themed to THE GAME OF LIFE. Joint efforts between GTECH,Atronic, and Spielo resulted in the positive outcome of this transaction anddemonstrate the strength of the new alliance in the gaming industry.

The first GAME OF LIFE branded slot games are expected to be available tothe North American gaming market in the second half of calendar 2006.

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