Adrian Portelli denied allegations of illegal lotteries

Billionaire bidder Adrian Portelli denied allegations that he and his business, LMCT+, were participation in illegal lotteries in South Australia.

Last December 35-year-old billionaire from Melbourne nine charges were brought for personally conducting or assisting in the conduct of an illegal lottery South AustraliaServices for consumers and businesses.

In addition to the allegations against Portelli, his company, Xclusive Tech Pty Ltdwhich operates under the LMCT+, was also charged with 10 counts of the same offence.

South Australia’s Consumer and Business Protection Service says Portelli and his business were not licensed when he ran lotteries in the state.

Although he was not required to appear in the Adelaide Magistrates Court on Wednesday, January 15, his lawyer Ben Lodge pleaded not guilty on behalf of Portelli and his business.

trans 9News– said Lodge to the magistrate Luke Davis that there were no negotiations with security regarding the charges.

“We have had discussions with our customers… and this issue is controversial. We are committed to bringing the case to court as quickly as possible,” Lodge said.

“We are asking that these matters be listed for a pretrial conference, and we prefer that they be listed today.”

The cases were postponed to a preparatory meeting on March 6.

What is Adrian Portelli’s business LMCT+?

Portelli’s business, LMCT+, is a platform where players can pay a monthly fee to access exclusive deals and gifts.

From money to luxury cars to property, anything they give away.

In South Australia, any trade lotteries with a prize of more than $5000 must be licensed and free to enter.

“The top prize for the raffle was a property located in Gisborne, Victoria, as featured on the Australian TV show Blocor a cash award of $3,000,000,” according to court documents, 9News reported.

However, it is alleged that winning the prize “involved an element of chance” but the defendant “was not licensed to operate a lottery in South Australia”.

Bloc the bidder and their business could face a potential maximum penalty of $190,000.

Shortly after the charges were brought against him and his company in December 2024, Portelli took the opportunity to respond publicly by promoting the giveaway in SA.

“It’s okay, we still love you. Your gambling commissioner won’t let you win the life-changing top prizes, so I’ve decided to give you exclusive DAILY $1,000 cash draws instead,” he wrote on Instagram.

Portelli became famous for his performances at Bloc.

In 2024, which he says will be his last on the beloved home improvement show, Portelli spent a total of $15.03 million buying all five homes.