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abc730 Profile picture
@abc730
Jul 8, 2020 • 7 tweets • 6 min read • Read on X
Former financial planner Gavin Fineff lost $8 million of his own and other people's money #gambling on racing and sports with three of the big online betting agencies. #abc730 @SteveCannane
Gavin Fineff says it took more than 3 years for @tabcomau to ask him for proof of his income. Instead of being asked if he could afford to bet tens of thousands of dollars a day, he was granted VIP status & offered incentives to gamble even more. His income was c. $130k. #abc730
In 2017 @AUSTRAC fined @tabcomau a record-breaking $45 million for not properly reporting suspicious betting. More than a year later the TAB finally asked Gavin how he could afford to make such massive bets. By then he’d lost close to $4 million. #abc730 #GamblingAddiction
Gavin Fineff claims he was called by a @ladbrokescomau representative after his betting account with TAB was frozen, and a staff member set up an account for him under a fake name. Ladbrokes' response to #abc730's questions was: "No comment". #GamblingAddiction
By March this year, Gavin had lost a staggering $8 million with @tabcomau, @ladbrokescomau and @BetEasy. How he accessed much of those funds is now the subject of investigation by NSW police. #abc730 #GamblingAddiction
Lauren Levin from @FCAupdate says really profitable losing gamblers "are traded like property” within the sports betting industry, and the practice of sharing and poaching phone numbers is unethical. #abc730 #GamblingAddiction
Gavin Fineff said he has a deep personal sense of shame, but is determined to speak out against what he sees as the predatory practices of sports betting companies who he says took advantage of his addiction. #abc730 #GamblingAddiction

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More from @abc730

abc730 Profile picture
Jan 30, 2023
More than three decades after terrorists brought down an American airliner over Lockerbie in Scotland, families who lost loved ones are finally hoping to see justice. #abc730

abc.net.au/news/2023-01-3…
“The idea that they were coming home for Christmas and were blown out of the sky and took minutes to fall to earth … you couldn’t sleep when you thought about that.” – Bill Barr, former US Attorney-General #abc730
“It was very rewarding for me personally to be able to bring those additional charges. For me, it was finishing a job that I had started.” – Bill Barr, former US Attorney-General #abc730
Read 4 tweets
abc730 Profile picture
Jan 30, 2023
Tech billionaire @billgates is one of the best-known figures on the planet, responsible for decades of philanthropy targeting poverty, disease, infant mortality and more recently COVID-19. He spoke to @FergusonNews. #abc730
"I think Australia will be able to export green hydrogen and other clean products. It is certainly a country where the opportunity in a green economy is greater than it has been in the past." – @billgates #abc730
"The cost to be ready for the next pandemic is a rounding error compared to what it takes to re-tool the modern economy to solve climate change." – @billgates #abc730
Read 9 tweets
abc730 Profile picture
Jan 23, 2023
The days of being swamped with politicians talking about COVID already seem like a long time ago. But the virus continues to run rampant, making a lot of Australians sick and killing many, even if we don't seem to be talking about it publicly as much. #abc730
Joining @latingle in the studio to discuss the nation’s latest COVID strategy are @CrabbBrendan, @nadahamad, and @RDNS_TAI. #abc730
"The current approach to COVID in Australia is to let it run in a so-called healthy population — that means unfettered transmission largely in the wider population while trying to protect those who are deemed vulnerable ... It is clearly not working." – @CrabbBrendan #abc730
Read 12 tweets
abc730 Profile picture
Jan 23, 2023
Nearly 18 months after unveiling the AUKUS agreement, the federal government is preparing to announce exactly how it plans on acquiring nuclear-powered submarines. North American correspondent @jademacmillan1 spoke to members of Congress about the path ahead. #abc730
“If AUKUS really works the way it should, there should be contribution into this program from the UK and Australia. And I think that shows that, you know, that’s a force multiplier that can really help take on the larger demand.” – Rep. Joe Courtney, Democrat #abc730
“I think you will definitely see Australians on board US submarines training, for example. Whether we get straight to the point of there’s a combined and integrated Australian and US crew on a US submarine, that will be interesting to see.” – Mark Watson, ASPI #abc730
Read 4 tweets
abc730 Profile picture
Dec 21, 2022
A referendum on an Indigenous Voice to Parliament will be one of the biggest issues confronting the country next year. @latingle spoke to @mdavisqlder about what the Voice can be, and why she remains optimistic about its future. #abc730
"I think one of the reasons the Voice became the primary focus of Indigenous constitutional recognition is that we actually don't have much input at all into laws and policies that are made about our lives and our communities." – @mdavisqlder #abc730
"There's a lot of noise and it happens in a lot of policy areas in Australia. There's a lot of noise and a lot of advisory committees. There's a lot of talk. There's a lot of reports but there's no coordination. There's no coherency." – @mdavisqlder #abc730
Read 8 tweets
abc730 Profile picture
Dec 21, 2022
Tasmanians have long wanted their own AFL team, and they’re closer than ever to getting one. But the AFL has made it clear a local team is contingent on the island state building a brand new stadium. #abc730
“Just about everyone I speak to shares my view that it would be unconscionable to spend that sort of money at a time that the state has so many other challenges.” – Andrew Wilkie, Independent MHR #abc730
“This is a huge opportunity for all Tasmanians and can I say, that these are the investments, this is the type of vision, this is the type of commitment that we all need to embrace.” – Jeremy Rockliff, Premier #abc730
Read 5 tweets

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