AS Eesti Loto
|Address:||Hallivanamehe 4 11317 TALLINN ESTONIA|
|Phone:||+372 650 20 30/05|
|Fax:||+372 650 20 31|
|Chairman of the Supervisory Board||Rain Laane|
|Chairman of the Management Board||Riina Roosipuu|
|Year Lottery Founded:||Year Lottery Founded: 1971|
|Sales FY 2019:||M/A|
|# Full Time Employees:||41|
|# Points of Sale (POS):||702|
|Games Offered:||Instants - Lotto - Keno - Bingo - Other lottery products.|
About AS Eesti Loto
Lotteries in Estonia can only be organized for the purposes of charity. Lotto, keno, bingo and scratchcard lotteries in Estonia are mostly offered by the state owned Eesti Loto. The company was established in 1991 and since then remained the main lottery operator. Before 2010, Eesti Loto had a 90% market share. In 2010, most licenses of other lottery operators have expired and since the new Gambling Act suggested quite strict rules for obtaining a new license, Eesti Loto remained a monopoly. In 2009, Estonian Prime Minister Andrus Ansip suggested privatizing the company to help the budget of Estonia, but as of 2011 it remained a property of the state.
Turnover of Eesti Loto in 2009 was € 33 million of which 47% was paid out as prize money. The profits were distributed as follows: 32% science and education, 22% Olympic Committee, 10% other sports projects, 32% welfare projects, 4% cultural projects
In summer 2011, the Estonian Customer Protection Board started a battle with Eesti Loto. The reason for their action was the fact that Eesti Loto published the jackpot estimates on a weekly basis for the two most popular lotteries. The Customer Protection Board claimed that it can be regarded as advertising of gambling, which is prohibited by the Advertising Act 2008. After the case has been taken to the court, Eesti Loto was granted the right to continue publishing the amounts of expected jackpots
The legal age for playing lotteries in Estonia is 16.
Eesti Loto pays a gambling tax of 18% on each lottery ticket you purchase.
In 2018, Eesti Loto raised nearly 10 million euros with the help of players, which according to the Gambling Tax Act is paid to the state budget to provide targeted non-refundable aid for the common good.
The gambling tax is divided into:
• 49.3% to support the cultural sector;
• 12.7% for regional investment aid;
• 10.1% to support research, education, children’s and youth projects;
• 15.3% will be allocated to support projects related to medicine, welfare, families, the elderly and people with disabilities, and activities related to people with gambling addiction;
• 8.2% will be allocated to support Olympic preparatory projects;
• 4.2% will be allocated to support other sports projects, including support for competitive sports projects of sports umbrella organizations for people with disabilities;
• 0.2% to support activities related to the fight against manipulation of sporting competitions.