Global Lottery Corporation's Board of Directors Announces it Will File Its 15C211 Declaration as Well as Become Fully Reporting.

Global Lottery Corporation's Board of Directors Announces it Will File Its
15C211 Declaration as Well as Become Fully Reporting.

LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ -- Global Lottery Corporation (Pink
Sheets: GTTC) announces the Board of Directors has decided that the time has
come to become a fully reporting Company to allow full disclosure to our
current and future shareholders. Global Lottery Corporation with its
announced $40 million debt cum equity financing, announced September 24th and
its 40% dividend announced September 30th of this year make fully reporting
status mandatory.

About Global Lottery Corporation

Global Lottery Corporation manufactures a complete line of Lottery Terminals
for sale or Joint Venture with Licensed Operators or Governments. Jim Walters,
President of Global Lottery Corporation and former President of International
Lottery and Totalizater Systems, is one of the foremost pioneers in the
Lottery and Pari-mutuel Industries who designed and engineered our new age
systems. An earlier version has been in operation in 21 countries such as
Australia, New Zealand, Singapore and France for over 20 years under various
brand names. One of Mr. Walters first major customers was The Hong Kong Jockey
Club who purchased over $90 million worth of terminals that are still in use
today.

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
IR Contact:
World Stock Exchange
Mr Bret Reis
(Tele. 1.480.505.0525)
Scottsdale, AZ

info@globallotterycorporation.com
www.globallotterycorporation.com

SOURCE Global Lottery Corporation

Mr. Jeff Stone of Wakabayashi Fund LLC, +1-914-613-3002, or Investors, Mr Bret
Reis, World Stock Exchange, +1-480-505-0525, both for Global Lottery
Corporation, info@globallotterycorporation.com