WWE Betting Report Bodyslammed by State Gaming Regulators

Must read


Posted on: March 10, 2023, 11:24h. 

Last updated on: March 10, 2023, 11:24h.

One day after CNBC indicated WWE was seeking approval for wagering on its events, all three state agencies mentioned in the article refuted the report.

WWE’s WrestleMania 35 attracts a large crowd to MetLife Stadium at the New Jersey Meadowlands in 2019. A report earlier this week indicated the professional wrestling organization was in talks with gaming officials in certain states about allowing sportsbooks to accept wagers on its matches. Regulators in those states refuted the report. (Image: Howitto/Wikimedia Commons)

In a statement issued Thursday morning, the Colorado Division of Gaming said it was responding to “the inaccurate representation” in the article that the professional wrestling organization was talking with the division about allowing sportsbooks to offer betting markets on its matches.

Unlike sporting events, WWE matches are scripted with predetermined outcomes.

The Colorado Division of Gaming is not currently and has not considered allowing sports betting wagers on WWE matches,” the statement read. “At no time has any state gaming regulator in Colorado spoken with the WWE about including wagers on our approved wager list.”

The statement continued, noting that state statute forbids offering odds “on events with fixed or predicted outcomes or purely by chance.”

Michigan and Indiana Chime In

Hours later, the Michigan Gaming Control Board issued a statement saying there have been no “direct communications” with WWE employees or executives about allowing licensed sportsbooks in the state to offer markets. It did acknowledge “a third-party consultant” broached the topic with the board, but that was more than a year ago. Nothing progressed from that, the MGCB said.

MGCB Executive Director Henry Williams said any formal request to offer an event needs to come from a state-licensed operator or platform provider. None have done so.

“The WWE should work with the gaming industry if it wishes to bring a proposal before the MGCB,” Williams said.

On Thursday evening, an Indiana Gaming Commission spokesperson told Casino.org that it has “no interest in approving wagering on scripted events.”

Sports betting rules vary by state, with some permitting operators to offer more markets than others. That’s why some states, like Indiana and Michigan, can offer markets on the Academy Awards, while states like New York prohibit betting on such outcomes as a league’s Most Valuable Player recipient.

Major Sports Betting Operator Hesitant

The CNBC report was widely panned by many in the gaming industry after it was published.

Contessa Brewer, an anchor and gaming industry reporter for the network, tweeted Wednesday she got an NSFW response from BetMGM CEO Adam Greenblatt when she asked him during an iGamingNEXT session about his interest in offering bets on WWE events.

The CNBC report noted that WWE officials have been working with Ernst & Young on a way to keep the scripts secure to prevent bettors from learning about outcomes before matches took place. It added that the organization would not tell wrestlers who would win until just prior to their match.

Despite the negative reaction within the industry, it’s easy to see why some outside the gaming realm would throw out the idea, especially since some offshore operators offer odds.

WWE, a publicly traded company, produces a highly popular product. During its fourth-quarter earnings call, executives told stock analysts last month that broadcasts for SmackDown and RAW, its weekly shows, are drawing an average of 3.9 million viewers combined for the 2022-23 television season. Both shows are seeing increases in viewership.

Pay-per-view audiences have also been strong, with January’s Royal Rumble’s broadcast audience 52% higher than the previous record crowd, which was set last year.

Shows across the country also fill arenas with crowds rivaling major professional and collegiate sports teams.


Source link

More articles

- Advertisement -spot_img

Latest article

game penuh kemenangan slot lucky neko banjir wild emasledakan maxwin slot sweet bonanza auto pecah perkalian tinggisistem slot online terbukti gacorcara terbaik memanfaatkan rtp slot onlinelive pola slot terbaru gates of olympusrahasia jitu slot gacormenggunakan arwah masa lalu untuk membantu anda maxwin mahjong waysmenang 35juta pada scatter hitam slot mahjong waysputran spin gila slot mahjong ways 2 langsung pecah scatter sensasionalrahasia bigwin slot starlight princess langsung jadi sultan kayasistem kemenangan maxwin dengan slot olympus 1000 jaminan menang 500 jutasitus gama69 situs terbaru anti boncospola gacor baruy slot fortune tiger gampang pecah wild besargame slot gacor terbaik terpercaya lengkap dengan trik maxwin cara memperkaya diri dengan bermain slot starlight princessbocoran admin yami slot terbaru mudah maxwinadmin jarwo slot gacortrik jitu wd cepat kilatslot super mahjong ways dengan depo minimal 20k gampang maxwinrahasia para pemain bisa menang berkali kali pada slot starlight princess x1000slot anti rungkad bocoran terbarucara jitu bermain slot mudah jackpotrahasia pola slot sweet bonanzasensasi link gacor mudah jp mahjong ways2game slot online terbaruPputaran slot mahjong ways turunkan scatter tanpa bataspola garis 3 scatter hitam mahjong waysmitos dan fakta dari scatter hitam slot mahjong waysgame slot gacor terbaik terpercaya lengkap dengan trik maxwin olympus slotputaran slot mahjong ways turunkan scatter tanpa batasmudah banget maxwin main slot online gates of olympusslot gacor mahjong ways 2 kemanangan maksimal 100 jutatips mendapatkan perkalian jitu slot mahjong wayskemenangan terbesar dari slot jitu super mahjong wayssitus slot anti boncos terbaik di indonesiaslot hoki pembawa berkah slot mahjong ways 2 langsung hoki cair 20 jutapola jitu gampang menang emperor caishenpanduan lengkap meraih maxwin di slot gates of olympus x1000prediksi game slot online terbaruslot super mahjong ways gampang sensasional jackpot terbesartips menang besar dengan pola admin pusat slot gacorlangkah langkah mendapatkan kemenangan besar di slot mahjong wayscara mudah main slot online mahjong ways banjir scatter hitampola populer turunkan slot scatter hitam mahjong secara konsistenteknik jitu modal bet receh slot mahjong ways gampang raih slot scatter hitamjam gacor pasti jackpot besar langsung dari admin jarwo jam jatuh slot scatter hitam aslifitur akhir bulan mei dapatkan hadiah langsung jika berhasil dapatkan scatter hitam langkaslot sensational mochimonslot janji gacor 500 juta cocok untuk mesin slot olympus maniaslot online sweet bonanza 1000 mudah maxwinslot gacor terbaru gates of gatotkaca 1000 dari pragmaticrahasia pekalian beruntun slot wild west goldscatter hitam trend 271trejeki nomplok pada slot gates of olympuspengalaman tak terlupakan ketika maxwin gates of olympusjackpot spektakuler slot gates of olympusstrategi ampuh menang slot olympuspola terbaru bocoran kemenangan slot raging rhino terpercayaslot starlight princess 1000 sudah pasti anti rungkadcara jitu bermain slot onlineprediksi slot online terbarupola jp paus slot starlight princesstips gacor server thailandcucu kakek berbagi maxwin di slot starlight princess x1000jadilah juara di setiap tantangan bersama slot gacor anti rungkadslot gacor paling aman slot gacor anti rungkadslot gacor olympus gampang menang besar dalam 1kali fiturakhirnya kakek turun gunung turunkan petir untuk kemenangan kitabanjir pola scatter hitam mahjong ways terhebohcucu meminta hoki menang dengan kakek zeyuusssgabungan petir dan listrik memecahkan pola x500 princessnaga hitam pembawa rezeky mahjong wayspasti hoki mencari pola dengan bang toyib di slot zeyuspola dari ahlinya slot langsung memberi kemenangan pastiputri cantik dan baik hati pemberi keberuntungan menangsaran dari dukun gondrong di jamin gacor slot princesswajib jackpot pola paling gacor slot mahjong ways