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“We expect non-sports categories such as economics, politics, crypto, and entertainment to gain share over time,” says the analyst.

Prediction market operators are on legal losing streaks, confirming that Beynon is onto something when he says the regulatory environment is the biggest risk facing the industry.

“We continue to view regulation as the largest risk to prediction markets,” says the analyst. “While industry growth remains robust, adverse legal outcomes could materially impact sports contract availability and long-term adoption.”

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In response, Carrot Top’s attorneys argued the messages were “a malicious threat to expose Thompson to disgrace… with intent thereby to extort money under the guise of litigation conduct.”

The comedian has headlined the Atrium Showroom since November 2005, performing a high-energy show that mixes prop comedy, blue humor, and topical material and has been extended in later contract deals.

The Luxor has not announced a return date, though as of Friday night, Monday’s 8 p.m. performance was still listed on sale.

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GREF is a cooperative network bringing together national gambling regulators across Europe and beyond to facilitate dialogue, exchange information and share best practice on regulatory strategies. 

Tim Miller, who resigned from the UK Gambling Commission earlier this year, has stepped down from the GREF board and has relinquished his role as treasurer. 

Miller served on the forum for several years and was a key UK figure during a period when the Gambling Commission implemented extensive reforms to online gambling regulation and affordability checks. GREF expressed its gratitude for Miller’s contributions during his tenure.