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Loterías y Apuestas del Estado (SELAE) is the official state-owned company in Spain responsible for managing national lotteries and gambling activities. Formed from a historic tradition of Spanish lottery institutions dating back to the 18th century, the modern public business entity was established to regulate and operate games of chance under government oversight.
As a state-owned enterprise, its operations, manufacturing of tickets, and service distribution are conducted entirely within Spain. The brand is a cornerstone of Spanish culture, famously known for the Christmas Mystery (El Gordo). It remains under the ultimate ownership of the Spanish Ministry of Finance, ensuring that a significant portion of its profits is returned to the public through the state budget.
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