Mall, I agree about the caution on the names. I think the light will shine in all the right corners soon enough. My guess about the tax losses is that those making the bets for a large group of others, were keeping the rebates to themselves(based on one of the many articles I read today). Thus, those who actually supplied the betting capital may have shown more losses? It seems, given the apparent free hand some of these bettors had through off-shore anonymous accounts, that there would have been any number of creative ways to make it work.
In any event, it's a banner day for elevating the issue of performance enhancers and rebate shops in this game. After reading so many stories in so many publications, it all has the feel of a boil that's been lanced and will be oozing for some time. raz