Loterías y Apuestas del Estado

Sociedad Estatal Loterías y Apuestas del Estado, S.A.
Company type	Sociedad Anónima
Industry	Lottery
Predecessor	Organización Nacional de Loterías y Apuestas del Estado; Entidad Pública Loterías y Apuestas del Estado (1999-2010);
Founded	Madrid, Spain (September 30, 1763; 261 years ago)
Founder	King Charles III
Headquarters	Madrid, Spain
Number of locations	10,976 retailers
Area served	Spain and Andorra
Key people	Jesús Huerta Almendro (Chairman and CEO)
Revenue	€9.96 billion (2023)
Operating income	€2.86 billion (2023)
Net income	€2.19 billion (2023)
Total assets	€22.90 billion (2023)
Total equity	€20.74 billion (2023)
Owner	Government of Spain
Number of employees	483 direct and more than 11,955 indirect (2023)
Parent	Heritage Group
Subsidiaries	Services Aux Loteries en Europe (30,53 %)
Website	www.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 reporting 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, being famous for its Christmas Lottery. Some public interest entities, such as ONCE or the Red Cross, have authorization to carry out independent lottery draws.

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

References

^ ^a ^b ^c ^d ^e ^f "Annual report 2023" (PDF). www.selae.es. Retrieved 2024-06-22.
^ "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.

External links

[DATA23-1] ^ ^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.

[1]

[2]

Loterías y Apuestas del Estado

Lotteries

See also

References

External links

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