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Reorganization and liberalization measures of the public lottery and betting system

icon 2 de enero, 2011
The most relevant aspects of the reform are the following:
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– It creates a State lottery and betting corporation named «Sociedad Estatal Loterías y Apuestas del Estado» («SELAE»), temporarily under the authority of the Ministry of the Economy and Finance until the future creation of a National Gaming Commission (as stated by the Statement of Motives of the Royal Legislative Decree). The Council of Ministers will approve its articles of association and appoint its board of directors before March 31st, 2011.

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Autor/es

Blanca Lozano – Consejera Académica

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