March 12, 2023
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6:52Now PlayingWorld Wrestling Entertainment leaders are attempting to make betting on scripted matches a thing though the potential risks concerning corruption and violations have fans questioning the logic. John Iadarola and Brett Erlich break it down on The Damage Report.
Read more here:
Betting on WWE matches? ‘NFW!’ say gaming operators and regulators
"It’s clear why World Wrestling Entertainment would want headlines over the prospect of bettors being allowed to wager legally on scripted matches, and not all of it has to do with trying to drive up the potential sale price of the company.
Betting increases fan engagement. Just ask NFL, MLB, the NCAA – even the folks who organize ping pong. They all find a big upside when fans are able to bet on the games.
Massachusetts just launched mobile betting Friday, but nobody there can legally bet on “Friday Night SmackDown” matches. “The WWE is not an approved sports league,” the Massachusetts Gaming Commission points out.
Colorado regulators aren’t happy about the prospect even being floated. “The Colorado Division of Gaming is not currently and has not considered allowing sports betting wagers on WWE matches,” they said. “At no time has any state gaming regulator in Colorado spoken with the WWE about including wagers on our approved wager list.”"
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