WWE takes more steps to legalize betting on matches.
On Wednesday, CNBC reported WWE was in talks with state gambling regulators in Colorado and Michigan to legalize betting on high-profile matches.
The promotion has already registered with the Indiana Gaming Commission in a related move to legalize betting on matches.
However, the Colorado Division of Gaming told CNBC it is not currently considering and has not considered allowing sports betting wagers on WWE matches. A spokesperson noted Colorado currently has a statute prohibiting wagers on events with fixed or predicted outcomes, including the Academy Awards.
Michigan released the following statement:
Michigan Gaming Control Board releases statement regarding consideration of allowing betting on professional wrestling (WWE): pic.twitter.com/s4HdDNsIyN
— David Payne Purdum (@DavidPurdum) March 9, 2023
As previously reported, WWE is working with the accounting firm Ernst & Young (EY) to secure scripted match results in hopes it will convince regulators there’s no chance of results leaking to the public. Accounting firms PwC and EY have historically worked with award shows, including the Academy Awards and the Emmys, to keep results a secret.
Fightful will continue update fans when more information is known.
Wrestling odds are available at BetOnline.ag for major events.
Fightful Overbooked has its betting odds preview show before all major events.
