Adrian Portelli’s giveaway business to be outlawed
Adrian Portelli's giveaway business is facing a ban as part of new gambling reforms introduced by the Labor government. The reforms aim to eliminate private lotteries that operate under the guise of subscription-based rewards clubs. Portelli's company, LMCT+, is particularly affected due to its model of high-value giveaways and membership fees.
- ▪Labor's gambling reforms will outlaw Portelli's giveaway business.
- ▪The reforms target private lotteries disguised as subscription-based services.
- ▪Portelli's company is appealing a court ruling regarding unlawful lotteries.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.