Sociedad Estatal Loterías y Apuestas del Estado

Sociedad Estatal Loterías y Apuestas del Estado (SELAE) is a Spanish government-owned company responsible for managing and operating national lotteries and betting games. It oversees popular games like the Spanish Christmas Lottery and the Sports Bet, ensuring fair operation and revenue distribution. The profits generated are used to fund public services and social programs in Spain. SELAE acts as a monopoly, regulating and promoting these gambling activities under strict legal oversight, aiming to offer entertainment while ensuring responsible gaming and transparency.