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WWE in talks with state gambling regulators to legalize betting on scripted matches
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03-11-2023, 10:57 AM
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#1
- havoc00
- Former 40OZ King
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- havoc00
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WWE in talks with state gambling regulators to legalize betting on scripted matches
WWE
is in talks with state gambling regulators to legalize betting on high-profile matches, according to people familiar with the matter.
WWE is working with the accounting firm EY to secure scripted match results in hopes it will convince regulators there’s no chance of results leaking to the public, said the people, who asked not to be named because the discussions are private. Accounting firms PwC and EY, also known as Ernst & Young, have historically worked with award shows, including the Academy Awards and the Emmys, to keep results a secret.
Betting on the Academy Awards is already legal and available through some sports betting applications, including market leaders FanDuel and DraftKings
, although most states don’t allow it. WWE executives have cited Oscars betting as a template to convince regulators gambling on scripted matches is safe, the people said.
Still, while Academy Awards voting results are known by a select few before they’re announced publicly, they aren’t scripted by writers. Even if regulators allow gambling, betting companies would have to decide if they’re willing to place odds on WWE matches even if it’s legalized. Those discussions have yet to occur at betting firms, according to people familiar with the matter.
https://www.cnbc.com/2023/03/08/wwe-...h-results.html
is in talks with state gambling regulators to legalize betting on high-profile matches, according to people familiar with the matter.
WWE is working with the accounting firm EY to secure scripted match results in hopes it will convince regulators there’s no chance of results leaking to the public, said the people, who asked not to be named because the discussions are private. Accounting firms PwC and EY, also known as Ernst & Young, have historically worked with award shows, including the Academy Awards and the Emmys, to keep results a secret.
Betting on the Academy Awards is already legal and available through some sports betting applications, including market leaders FanDuel and DraftKings
, although most states don’t allow it. WWE executives have cited Oscars betting as a template to convince regulators gambling on scripted matches is safe, the people said.
Still, while Academy Awards voting results are known by a select few before they’re announced publicly, they aren’t scripted by writers. Even if regulators allow gambling, betting companies would have to decide if they’re willing to place odds on WWE matches even if it’s legalized. Those discussions have yet to occur at betting firms, according to people familiar with the matter.
https://www.cnbc.com/2023/03/08/wwe-...h-results.html
03-11-2023, 11:10 AM
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#2
- ChunkBuster
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- ChunkBuster
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Lmao. What could go wrong.
If bets are heavily one way then they just send a bagful of $$$ to Vince to change the result just before…
If bets are heavily one way then they just send a bagful of $$$ to Vince to change the result just before…
03-11-2023, 11:51 AM
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#3
- BigElephant
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Post deleted by user
03-11-2023, 12:18 PM
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#4
- SelfSerg
- Debutant Degenerate
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- SelfSerg
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Originally Posted By BigElephant⏩
Yeah even up to the last couple hours before the event when everyone is backstage.Lol I know people do it but I can't fathom betting on pro wrestling. Way too many times I've read on dirtsheets that Vince changed the match winner like the day of the event.
This is a horrible idea especially considering how many employees WWE has with so many of them (writers, producers, wrestlers, refs, etc) knowing the outcome of matches ahead.
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