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WWE to Move Up on Turning Fights into Betting Markets

WWE may not be going to turn its fights – scripted events all the same – into betting markets to be offered by regulated sportsbooks. Shapiro Says No to WWE Betting in Regulated Markets Speaking to CNBC’s Alex Sherman, TKO COO Mark Shapiro said that these plans have now been put on the back burner

WWE to Move Up on Turning Fights into Betting Markets

WWE might not be going to show its fights – scripted occasions all the identical – into betting markets to be supplied by regulated sportsbooks.

Shapiro Says No to WWE Betting in Regulated Markets

Chatting with CNBC’s Alex Sherman, TKO COO Mark Shapiro stated that these plans have now been placed on the again burner, owing not least to the merger between the UFC and WWE.

Though Shapiro has been speaking in regards to the potential itemizing of such occasions, offering regulatory greenlight is granted, his most up-to-date income dispelled the concept altogether, arguing as a substitute that that is not a precedence for the WWE.

“We’re not doing that. We’re scripted. Years in the past, I ran Dick Clark Productions. We had sufficient of a problem protecting the American Music Awards and the Golden Globe Award winners beneath wraps with an auditor that was there,” Shapiro briskly stated.

He argued that it simply didn’t make a lot sense to have the writers script the occasions, after which maintain them beneath tight wraps to make sure that they’d not leak. He stated that he already had expertise with scripted occasions as such and that was certainly not one thing that was nice to prepare and run.

A U-Flip That Means WWE Betting Is Not Occurring – Nearly

This has not stopped others from working wagers on scripted occasions, together with the WWE, nevertheless.

Regardless of Shapiro confidently signalling that betting on the WWE wouldn’t occur within the United States with regulated sportsbooks, many offshore bookmakers are literally very happy to run wagers on these occasions, they usually accomplish that with out inside information of any kind.

Regardless of earlier feedback by Shapiro this 12 months that the WWE would possibly certainly search to use the betting vertical to spice up recognition and engagement, these plans now look like paused indefinitely.

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