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
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 thought altogether, arguing as an alternative 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 preserving the American Music Awards and the Golden Globe Award winners beneath 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 hold them beneath 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 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 more than pleased to run wagers on these occasions, and so they accomplish that with out inside information of any kind.
Regardless of earlier feedback by Shapiro this 12 months that the WWE may certainly search to use the betting vertical to spice up reputation and engagement, these plans now seem like paused indefinitely.
