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Loterías y Apuestas del Estado

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Sociedad Estatal Loterías y Apuestas del Estado, S.A.
Company typeSociedad Anónima
IndustryLottery
Predecessor
  • Organización Nacional de Loterías y Apuestas del Estado
  • Entidad Pública Loterías y Apuestas del Estado (1999-2010)
FoundedMadrid, Spain (September 30, 1763; 261 years ago (1763-09-30))
FounderKing Charles III
Headquarters
Madrid
,
Spain
Number of locations
10,976 retailers
Area served
Nationwide
Key people
Jesús Huerta Almendro (Chairman and CEO)
RevenueIncrease 9.96 billion (2023)[1]
Increase €2.86 billion (2023)[1]
Increase €2.19 billion (2023)[1]
Total assetsIncrease €22.90 billion (2023)[1]
Total equityIncrease €20.74 billion (2023)[1]
OwnerGovernment of Spain
Number of employees
483 direct and more than 11,955 indirect (2023)[1]
ParentHeritage Group
SubsidiariesServices Aux Loteries en Europe (30,53 %)
Websitewww.loteriasyapuestas.es

Sociedad Estatal Loterías y Apuestas del Estado (Spanish for "State Society for State Lotteries and Wagers"; SELAE) is a Spanish state-owned company. Assigned to the Spanish Ministry of Finance, it is responsible for the management, operation and marketing of all types of lotteries and gambling nationwide or whenever they exceed the scope of a region.

As a public company, it was created in 1984 due to the integration of the services that until then managed the State games —the Mutual Sports Betting Board and the National Lottery Service— and it was last reformed in 2010.[2] It assumes all State powers on lotteries, an activity promoted by the State since 1763, when King Charles III created the Royal Lottery. Since 1812, it also manages the Christmas Lottery, the biggest lottery draw worldwide.

Lotteries

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Lotería Nacional: ticket selling in Zaragoza.

See also

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References

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  1. ^ a b c d e f "Annual report 2023" (PDF). www.selae.es. Retrieved 2024-06-22.
  2. ^ "Real Decreto-ley 13/2010, de 3 de diciembre, de actuaciones en el ámbito fiscal, laboral y liberalizadoras para fomentar la inversión y la creación de empleo" (in Spanish). Boletín Oficial del Estado.
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