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ABC News
ABC News
Sport

Ladbrokes fined $78,000 but allowed to keep $758,000 in bets made by disgraced financial planner

The decision has been described as "significant" by Financial Counselling Australia. (ABC News: Luke Bowden)

Sports betting company Ladbrokes has been allowed to keep $758,510 gambled by disgraced financial planner Gavin Fineff, who has pleaded guilty to defrauding his own clients, despite heavy criticism for the bookmaker's conduct. 

Ladbrokes was fined $78,540 for three breaches of the industry code by the NT Racing Commission, which acts as the Australian sports betting industry watchdog due to the number and size of companies licensed there.

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