WWE is probably not going to show its fights – scripted occasions all the identical – into betting markets to be provided by regulated sportsbooks.
Shapiro Says No to WWE Betting in Regulated Markets
Talking to CNBC’s Alex Sherman, TKO COO Mark Shapiro mentioned 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 now 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 conserving the American Music Awards and the Golden Globe Award winners below wraps with an auditor that was there,” Shapiro briskly mentioned.
He argued that it simply didn’t make a lot sense to have the writers script the occasions, after which maintain them below tight wraps to make sure that they might not leak. He mentioned 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 Taking place – Nearly
This has not stopped others from operating 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 data of any kind.
Regardless of earlier feedback by Shapiro this yr that the WWE would possibly certainly search to use the betting vertical to spice up recognition and engagement, these plans now seem like paused indefinitely.
