‘Penthouse party’: Portelli’s wild response to charges
Australian billionaire Adrian Portelli has thrown a lavish penthouse party after being charged with running an unlawful lottery.
Australian billionaire Adrian Portelli appears to be unbothered after he was hit with a flurry of charges over allegations he has been running an illegal lottery.
Mr Portelli faces nine charges of personally conducting or assisting in the conduct of an unlawful lottery.
His company, Xclusive Tech Pty Ltd, which operates under the brand LMCT+, has been charged with ten similar counts.
Portelli’s first mention is scheduled for January 15 in the South Australian Magistrates Court.
LMCT+ is a subscription-based lottery that prizes cash, cars, and homes.
Portelli seemed unbothered by the charges on Thursday when he posted a series of videos to his Instagram of a penthouse party.
In one clip, Portelli could be seen wandering around his mansion flashing a grin at the camera.
A caption flashed across the screen that read: “Did someone say penthouse party?”
In the background of the video were what appeared to be friends and supporters of the businessman as music blared across speakers dotted around the room.
Portelli’s $1 billion fortune includes multiple properties and luxury cars which he flaunts on social media.
In another video, Portelli walked around his penthouse showing off the large number of partygoers, and flashing a glimpse at an expensive sports car.
In a direct response to the charges Portelli also posted on the official LMCT+ Instagram page.
“It’s okay SA we still love you. Your gambling commissioner won’t allow you to win major life changing prizes so I’ve decided to run exclusive, DAILY $1000 cash giveaways to you guys instead.
“We still love you and I’ll definitely be visiting to do more grocery voucher handouts.”
As per South Australia’s Lotteries Act 2019, any lottery that is not licensed in the state is unlawful, with organisers facing a maximum penalty of $10,000.
The case comes a day after Mr Portelli attracted headlines for giving away $150,000 worth of Coles vouchers to help struggling families in western Sydney.
The lottery has been the subject of scrutiny from anti-gambling advocates who accuse it of targeting low-income Australians. Critics argue that the company preys on vulnerable people who pay up to $100 a month for the chance to win prizes.
Despite the criticism, Mr Portelli insists the company is simply a “membership reward service” that helps local businesses while generating millions of dollars in savings for Australian families.