Skip to main content
See every side of every news story
Published loading...Updated

'Lambo Guy' swipe, as company fined for illegal lottery

Xclusive Tech was fined $40,000 for 10 counts of unlawful lotteries conducted without a South Australian licence from January 2023 to May 2024, court records show.

  • On Friday, the Adelaide Magistrate Court acquitted Adrian Portelli of running illegal lotteries, though his company Xclusive Tech was fined $40,000 for 10 unlawful lottery breaches.
  • Prosecutors alleged the company ignored instructions to stop operating in South Australia without a license, prompting the Liquor and Gambling Commission to label the conduct a "deliberate flouting of the legislative requirements."
  • Operating between 2023 and 2024, the business conducted 10 standard lotteries with prizes including cash, cars, and homes, which Magistrate Burton identified as the "very heart of the transactions."
  • Portelli, absent from court, acknowledged the verdict on social media by writing, "I'm clear, business $40,000 fine," while the magistrate confirmed the penalty was appropriate for a commercial enterprise.
  • Known for his appearances on The Block as "the Lambo Guy," Portelli built his public profile through high-profile property investments, including $15.03 million spent acquiring five homes in the 2024 series.
Insights by Ground AI

12 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

Billionaire Adrian Portelli’s company fined for running illegal lotteries

The company owned by billionaire Adrian Portelli has been fined for running illegal lotteries in South Australia.

·Sydney, Australia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 45% of the sources lean Left
45% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Herald Sun broke the news in Melbourne, Australia on Friday, March 27, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal