halts betting on Time\’s Person of the Year

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The discussed sportsbook caught employees of a New York-based PR agency, that lists Time Warner as one of its clients, placing wagers for the maximum allowable on the outcome of the ‘Person of the Year’ award.

This incidents followed similar suspicious betting activity on the 2005 recipient of Sports Illustrated\’s \’Sportsperson of the Year\’.

Numerous wagers from the same sources for the maximum allowable were placed on New England Patriots quarterback Tom Brady, shortly before a leak emerged that Tom Brady would, in fact, be this year\’s winner. announced it will honour all bets made until it was forced to close the betting.