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The Guardian - AU
The Guardian - AU
National
Henry Belot

‘Radical intervention’ needed to stop online gambling harm, man who lost $8m tells federal MPs

File photo of a Ladbrokes sign at Sandown Hillside in Melbourne, Australia
Sports gambling companies have ‘appreciated the “poor eyesight” of regulators’, Gavin Fineff has told Australian politicians. Photograph: Vince Caligiuri/Getty Images

The man who triggered a gambling regulator’s “most significant decision of the decade” has urged federal politicians to launch a “radical intervention” to stop the harm caused by online sports gambling.

The former financial adviser Gavin Fineff stole millions of dollars from his clients and friends – some of whom were elderly and vulnerable – to service his gambling addiction. He lost more than $8m to sports betting companies, which has not been returned to his victims.

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