Block billionaire Adrián Portelli organized a massive party just hours after he was accused of running his private lottery business.
The man popularly known as ‘Mr. Lambo’ hosted the party at his multi-million dollar penthouse in Melbourne’s CBD on Thursday night.
No expense was spared and entertainment was provided by go-go dancers and famous Australian DJ Havana Brown.
The star-studded guest list included actress Nicky Whelan and Canadian-American Youtubers The Nelk, who were among the revelers who shared images on social media.
Portelli also uploaded his own images from the party that continued well into the night.
‘Did someone say attic party?’ The clips were captioned on Instagram.
Daily Mail Australia revealed on Thursday that Portelli had been charged by South Australian Business and Consumer Services for allegedly conducting/assisting in the conduct of an illegal lottery.
South Africa’s government department had launched an investigation into the operations of the Melbourne businessman’s lottery business in September last year.
Australian billionaire Adrian Portelli (pictured) broke his silence over the allegations on Thursday night.
Just hours after being charged on Thursday, Portelli hosted a penthouse party in Melbourne with go-go dancers and famous Australian DJ Havana Brown.
Portelli personally faces nine charges, while Xclusive Tech Pty Ltd, trading as LMCT+, faces ten charges.
Hours after being charged on Thursday, Portelli broke his silence on the LMCT+ Instagram page, where he attacked the South African government and offered a new “gift.”
“It’s okay, we still love you,” she captioned a selfie with her baby.
‘Your gaming commissioner won’t let you win major, life-changing prizes, so I’ve decided to offer exclusive daily $1,000 cash giveaways for you.
“We still love them and I will definitely visit them to hand out more grocery coupons.”
If convicted on all charges, he could face a maximum penalty of $190,000. The case is scheduled for its first mention on January 15 in the South Australian Magistrates Court.
Portelli, 35, has an estimated net worth of more than $1 billion and made much of his fortune through LMCT+, a subscription-based lottery.
He has been accused by anti-gambling advocates of taking advantage of low-income Australians who pay up to $100 a month for lottery draws.
But the company says it’s simply a “membership rewards service” that generates millions of dollars for local businesses.
It has more than 300,000 customers who pay a subscription fee, with options ranging from $20 to $100 a month.
Pictured: Go-go dancers at Mr. Portelli’s penthouse party
Pictured: DJ Havana Brown made sure the dance floor was packed with revelers.
Mr. Portelli’s company offers monthly drawings for cash, cars and homes. The last drawing, on November 24, resulted in one subscriber receiving $1 million in cash.
Subscribers get discounts from partners such as Amazon, Temple & Webster and Elite Supplements, although the website only discloses the details to people who sign up.
The main attraction is the company’s monthly lottery drawings for cash, cars and homes. The last drawing, on November 24, resulted in one subscriber receiving $1 million.
The more a subscriber pays, the more ‘cumulative entries’ they will get in each drawing.
Portelli operates LMCT+ under a New South Wales license as a “business promotion”, a type of lottery designed to help businesses attract customers by rewarding them with prizes.
Under the license, customers can participate in sweepstakes because they pay for the company’s “goods and services” — the rewards and discounts it offers.
A spokesperson for LMCT+ told Daily Mail Australia the company is a “member rewards service that proudly generates millions of dollars for local businesses and creates savings for Australian families”.
“The company also contributes to positive community initiatives through philanthropic investments,” the spokesperson said.
‘These results are particularly important during a cost of living crisis. Portelli and LMCT+ are very aware of their social license and take their legal and regulatory obligations seriously.
‘To this end, the company conducts itself in accordance with all required regulatory approvals and partners with the government to significantly contribute to economic and social projects.
“LMCT+ looks forward to generating more value for its partners and members over the Christmas holiday period.”
Mr Portelli’s lavish lifestyle, which includes a collection of luxury cars and multi-million dollar properties across Australia, is a subject of fascination for his fans.
He made headlines on Tuesday for giving away $150,000 worth of Coles vouchers to 1,000 Sydneysiders, many of whom waited in queues for hours in 33C heat.
The desperation of some attendees highlighted a national cost-of-living crisis.
Portelli arrived in Sydney on his private jet for the event and was flanked by security guards as he posed for photographs with delighted voucher holders.
“It’s fantastic to be able to offer help to families before Christmas,” he told Daily Mail Australia.
The businessman ranked seventh on the Financial Review’s young rich list this year, with an estimated net worth of $1 billion.
‘Why not? I can help with people, so I can also spend money.
He also surprised viewers earlier this month when he purchased all five Phillip Island properties on The Block for a staggering $15.03 million.
Portelli’s net worth has been valued at over $1 billion by the Australian Financial Review, taking into account his collection of properties and luxury cars, as well as the paper value of LMCT+.
The businessman ranked seventh on the Financial Review’s young rich list this year.