Global Lottery Corporation

Global Lottery Corporation

August 20, 2007 09:30 ET

Global Lottery Corporation Files for Frankfurt Stock Exchange Dual Listing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 20, 2007) - GLOBAL LOTTERY CORPORATION (Global) (PINK SHEETS:GTTC) announced that Global Lottery Corporation has received ISIN Number US37945X2062 from the Frankfurt Stock Exchange and should soon receive its trading symbol for dual listing of its shares on two exchanges, Frankfurt and NASDAQ OTC Pinks.

Gary Newman, Chairman, Chief Executive Officer, stated, "The duel listing was necessary to facilitate the commencement of drawdown of Global Lottery Corporations US$ 250 million credit line provided by its 10% equity holder Royal Indian Raj International Corporation." The Credit Line is only accessible when trading on a full exchange such as Frankfurt and not a Quotation Exchange such as NASDAQ OTC Pinks.

"This will allow Global Lottery Corporation to engage in large scale activity in the World Wide Government Approved and Licensed Lottery Industry. We have several opportunities that we can immediately commence while continuing to welcome new Lottery or Pari-mutuel customers on either supplying, installing and financing individual Lottery or Pari-mutuel systems, or full Country wide turn-key systems."

About Global Lottery Corporation

Global Lottery Corporation manufactures, installs and operates Lottery and Pari-mutuel systems utilizing its proprietary point-of-sale terminals, cell phones, Internet and a third party state-of-the-art scaleable PC based central operating system.

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.

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