SOURCE: Global Lottery Corporation

February 28, 2007 09:00 ET

Global Lottery Corporation Today Announced That the Royal Indian Raj International Corporation Has Acquired a Ten Percent Stake in Global Lottery Corporation

VANCOUVER, BC -- (MARKET WIRE) -- February 28, 2007 -- Global Lottery Corporation (Global): (PINKSHEETS: GTTC) today, announced that the Royal Indian Raj International Corporation (RIRIC) has acquired a ten percent (10%) stake in Global Lottery Corporation for an undisclosed amount.

Gary Newman, Chairman and CEO of Global, states, "While Royal Indian Raj International Corporation recently advanced a portion of its equity line of credit for US $250 million to enable Global to compete in the World Lottery Market, RIRIC can now further assist Global Lottery Corporation by enhancing its worldwide presence, especially in Asia, in the lottery sector by associating itself with Royal Indian Raj International Corporation, which is recognized as the 53rd best brand in all of Asia.

As further cooperation between the companies, reciprocal linking between both firms' websites is in the works as well as other co-marketing strategies to capitalize on the burgeoning emerging markets like India.

Manoj Benjamin, Chairman and CEO of Royal Indian Raj International Corporation, and recent inductee into "Business and Economy Magazine's" 100 Most Influential People of 2007 List, states, "While our core business is large scale Residential, Commercial and Institutional development, we decided to invest in the Lottery Business through Global, enabling us to be in a position to ultimately bid on a national lottery for India."

Royal Indian Raj International Corporation (RIRIC) is currently selling Phase I of its inaugural Royal Garden Villas & Resorts project in Bangalore. Phase II and III will hit the markets in Q2 of 2007 as will its Royal Garden Villas and Resorts Hyderabad development situated on 450 acres near the new Hyderabad International Airport. RIRIC will also be launching its Royal Garden Villas and Resorts brand in Mumbai, Goa, Delhi, Chennai and Pune over the next 12-18 months and is investing an estimated $8-10 billion in the resort projects alone. RIRIC is the largest proposed Foreign Direct Investment into the Indian real estate sector to date, eclipsing the likes of Goldman Sachs, Blackstone Group, Emmar Properties, Morgan Stanley and GE Commercial real estate.

About Royal Indian Raj International Corporation

Royal Indian Raj International Corporation, (RIRIC), incorporated in Nevada, USA, in March 1999 with offices in Vancouver, London, and Bangalore, India, maintains a country-specific, 5-sector heavy infrastructure orientation, focused on the free world's largest emerging market, India. The company's goal is to develop the New India by modernizing housing and businesses and realizing self-sustaining cities of the future. RIRIC implements leading-edge technologies and products in strategic alliance with world-class international corporations. Partnered with these international leaders in their respective fields, RIRIC is focused on five of India's priority infrastructure sectors using a vertically integrated business strategy: Urban Infrastructure & Housing, Road Building & Recycling, Broadband Communications & IT Networks, eCommerce/IT & Education Applications, and Broadcast Content, Entertainment & Theme Parks.

RIRIC's proposed city projects, Royal Garden City - Bangalore, and the Royal Garden Marina City and Financial Harbor - Mumbai, are the first of six cities planned by the company. RGC Bangalore is a 3,000 acre sub-city development situated between downtown Bangalore and the new Bangalore International Airport. The USD $8.97 billion integrated Live/Work/Play development features over 146.36 Million Sq. Ft. of residential, commercial and industrial space to accommodate the burgeoning Bangalore market and has been planned and designed by the former Singapore Public Works Dept. The project is fifteen times the size of Canary Wharf in London, England.

Royal Garden Marina City and Financial Harbor, covering an area of 5,000 acres, is situated 16 nautical miles from the Gateway of India in downtown, Mumbai. It will be Asia's largest real estate development and India's first smart city, with 22.8 million square meters of high-tech retail, medical, education and housing facilities. The project comprises over 50,000 residential units, a central business district, industrial district, entertainment district, parks, restaurants, shopping, educational facilities and civic amenities. An estimated 400,000 to 600,000 people are expected to live, work and play within the city daily.

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About Global Lottery Corporation

Global Lottery Corporation, through its acquisition of WSG Systems, Inc., manufactures, installs and operates Lottery and Pari-mutuel Systems utilizing its proprietary point-of-sale terminals, cell phones, the Internet and a third party state-of-the-art scaleable PC based central operating system. With these advanced systems, Global Lottery can now compete in the reported 11 Billion Euros of new business within the next 24-36 months.

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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