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Instead, it proposed a risk-based approach. It suggested lighter controls on use cases such as coding assistants, but strong checks on customer-facing functions, particularly those involving fraud and responsible gambling.

Kenneth Brincat, CEO of the MDIA, said companies needed “practical ways” to better understand where AI fits within their businesses.

“Trust is fundamental to the responsible adoption of AI. As its use becomes increasingly embedded across the gaming sector, organisations need practical ways to understand where AI is being used, manage the associated risks and ensure that accountability and human oversight remain firmly in place,” he said.

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With all that in mind, it’s not surprising that Macquarie expects sports event contracts will drive approximately 80% of taker volume this year, but Beynon sees other categories growing over the long term.

“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.

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As you can see, David Yan has enjoyed the most money being places on him and goes into play as the 4.12 odds favourite. He may have the most money placed on him, but almost double the number of bettors rate the Swedish pro Astedt as a good shot to see out the win for the first time. Sam Greenwood is tempting plenty of punters at odds of 10 and 103 people have invested in the Canadian to upset the chipcounts.

With a massive $452,885 up for grabs to the winner and $349,222 for the runner-up, 9th place will win just $56,610 so expect the competition to be fierce and the action to be fast in the latest GGPoker Super MILLION$ final table.

GGPoker Super MILLION$ Final Table February 23rd 2021 Chipcounts: