Aztec Gold Megaways

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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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State Senator Bob Hall represents Senate District 2 in Texas, a district that contains parts of Dallas. Hall, 84, did not see a distinction between event contracts and sports wagers, noting that the former is just dressed up in a different manner.

“They’re different costumes on gambling,” he said. “Some have high heels and a tiara and others have on miniskirts or a bikini.”

Asked by Hall on how Texas should proceed moving forward, York advised that the state should seek an order that would require prediction markets to geofence their platforms from operating statewide. York also prefers the pursuit of litigation against prediction markets in state court, rather than the federal circuit, where state attorney generals have been less successful.

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The blurring line between financial investing and gambling has been accelerated by the rise of prediction markets—exchanges offering event contracts that are federally regulated as financial derivatives. U.S. News found that over 40% of active sports bettors now also participate in sports prediction markets.

Financial advisors continue to urge consumers to view sports wagering strictly as entertainment and to only risk funds they can afford to lose.

Research from Stanford University published in April concluded that sports bettors remain “overoptimistic,” generally expecting to break even despite losing an average of 7.5 cents on every dollar wagered.