Behind the scenes.
Interesting article from the LA Times, describing the behind-the-scenes action at Betfair with respect to the recent suspicious Davydenko tennis match:
In the room, it turns out, toil 40 people with 40 unusual jobs. They’re the “fraud team” and the “integrity team” of the Internet gambling colossus Betfair, which handles more daily trades than the New York Stock Exchange. Barton-Nicol heads the Risk Investigations department, and the specialists who undergo three months of training and spend eight-hour shifts scrutinizing wagering patterns had detected something with Davydenko-Arguello that qualified as, to use a popular British word, dodgy.
Would be interesting to compare Betfair’s approach and resources with those of the SEC or FSA in terms of insider trading enforcement.
