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Legislation

WWE to legalize betting on match results

Friday 10 de March 2023 / 12:00

2 minutos de lectura

(Michigan).- WWE (World Wrestling Enterteinment) looks that the gambling state regulators to legalize wagering on the scripted matches.

WWE to legalize betting on match results

Despite being unusual, the company reported a similar situation of where the results are known but not scripted per se: the Academy Awards (Oscars), assuring there is no difference with them, and that they can keep the results of bouts secret before the matches are contested. 

WWE is working with accounting firm EY (Ernst & Young) to ensure that bout results are scheduled in hopes of convincing regulators that there is no chance of the results being leaked to the public, several sources familiar with the matter said.

WWE executives have reportedly proposed that the results of wrestling matches be set months in advance, and that not even the wrestlers themselves would know the outcome until shortly before the bout takes place.

WWE, the company that organizes professional wrestling matches, is in talks with gambling regulators in Colorado and Michigan to convince them to legalize betting on wrestling matches. But at the same time they have to convince betting companies, such as FanDuel, or DrafKings, not to take risks behind this. There are several protocols to follow before WWE has valuable business.

Categoría:Legislation

Tags: Sin tags

País: United States

Región: North America

Event

GAT EXPO CARTAGENA 2025

28 de April 2025

Payphone and its First Experience at GAT Expo Cartagena: Expansion and Connections Key to the Future

(Cartagena, Exclusivo SoloAzar).- Paola Murillo, Business Development Manager at Payphone, talked with SoloAzar about the company experience at GAT Expo Cartagena. The company aims to interact with regulatory authorities to drive its expansion in Latin America and the Caribbean. How does the firm plan to have more presence in these strategic markets? Read more in the following Q&A.

Friday 09 May 2025 / 12:00

21Viral Elevates Its Presence at GAT Expo Cartagena: Innovation, Networking & Business Expansion

(Cartagena, SoloAzar Exclusive).- In a Q&A with SoloAzar, Luz Beatriz Jaramillo Serna, 21Viral Sales Manager Latam, emphasizes the importance of regulatory interactions and networking for business growth. Discover the key takeaways from this exclusive interview!

Friday 09 May 2025 / 12:00

GAT Expo Cartagena 2025 reaffirms its leadership in the gaming sector in Latin America

(Cartagena, SoloAzar Exclusive).- With record attendance, strategic alliances, and a high-level academic agenda, GAT Expo Cartagena is driving innovation and industry growth in the region. In conversation with SoloAzar, CEO José Aníbal Aguirre discusses the highlights and upcoming GAT events in Latin America for the rest of the year.

Thursday 08 May 2025 / 12:00

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