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WWE in talks with state gambling regulators to legalize betting on scripted match results - TL;DR CNBC

WWE in talks with state gambling regulators to legalize betting on scripted match results

Publishing timestamp: 2023-03-08 20:52:04


Summary

WWE has held discussions with state gambling regulators in Colorado and Michigan to legalize betting on scripted match results. The company is working with EY to secure match results so they won't leak to the public. WWE aims to have major sports betting companies offer bets on high-profile matches. The introduction of legalized gambling could give WWE increased appeal to a new set of fans while significantly altering creative storylines.


Sentiment: NEUTRAL

Tickers: DKNG,  WWE, 

Keywords: media,  business news,  world wrestling entertainment inc,  draftkings inc,  breaking news: business,  technology,  sports, 

Source: https://www.cnbc.com/2023/03/08/wwe-betting-scripted-match-results.html


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