Adrian Portelli accused of exploiting a legal loophole by giving away prizes worth millions of dollars including all five houses from The Block READ MORE: Who is Adrian Portelli? Inside the life of Block billionaire as his insane net worth is revealed By STEPHEN BISSET FOR DAILY MAIL AUSTRALIA Published: 00:36, 15 November 2024 | Updated: 00:58, 15 November 2024 e-mail 2 View comments Adrian Portelli has been accused of exploiting a legal 'loophole' to allow his company to give away all five houses from the 2024 season of The Block . Portelli, 35, made history last Sunday night when he snapped up every Block home on Phillip Island for a staggering $15.03 million during the finale.
Following the record-breaking auction, the billionaire announced on Facebook that he would be giving away all the houses in a 'resort giveaway' through his LMCT+ company. The Guardian has accused Portelli and his prize giveaway business of exploiting a 'loophole' to be allowed to give away '$70 million in prizes', including the Phillip Island properties from the Channel Nine reality show. The publication pointed to a video Portelli posted online in February, in which he claimed he was told by an 'unspecified gaming commission' when he first started LMCT+ that the company was legally unable to raffle cars.
'It was at that pivotal moment,' he said in the video. 'I could have thrown it all in, [but] I’m like what happens if I just gave the car away to one of my members that bought the software and th.
