SectorWire
SearchRegister
MenuClose

SELAE records €175m in expired lottery prizes over three years

Regulation

Spain’s state lottery operator SELAE recorded €175m in unclaimed prizes that expired over the past three years, including €59.9m in 2024. The report also says lottery-sector organisations have sought higher ticket prices and Christmas draw commissions, while SELAE has declined to implement the proposed price increases.

The figures and proposed price changes bear on SELAE’s lottery income and retailers’ requested commercial terms.

Request a correction

Flag an issue

Keep reading

Regulation

Italian budget bill proposes anonymous collection of instant lottery prizes below €3,000

Italy’s 2027 budget bill would allow instant receipt-lottery prizes below €3,000 to be paid on presentation of the winning ticket without identifying the recipient. An opinion column contrasts the proposal with rules requiring identification and transaction records for cash or other restricted-value deposits through online gambling recharge points, while noting that the activities have different purposes.

Instant receipt-lottery prizes below €3,000 could be paid upon presentation of the winning ticket without identifying the winner under Italy's budget bill, an opinion column on an Italian gambling industry site said.

Continue reading