Major operators Sportsbet, Tabcorp, and Entain, have been accused of accepting millions in stolen funds from a former financial planner and failing to comply with mandatory responsible-gambling rules.
ABC reports that the lawsuit against the trio of operators was filed in the Federal Court of Australia by convicted fraudster Gavin Fineff, who is serving a prison sentence for stealing more than AU$3 million (US$2 million) from 12 victims to fund his gambling addiction.
The lawsuit argues that the companies facilitated his excessive gambling by allowing him to wager tens of millions of dollars without verifying the source of his funds. Court documents claim the operators overlooked ‘red flag’ indicators and continued to offer inducements as his betting escalated.
