WWE's bid to legalize betting on matches faces regulatory hurdles
The WWE aims to allow gambling on matches by securing scripted match results, but regulatory bodies like Colorado Division of Gaming seem to oppose the idea
However, regulatory bodies, like the Colorado Division of Gaming, have not shown receptiveness towards the idea. They clarified that their statute forbids wagers on fixed or predicted outcomes.
Moreover, some industry insiders opine that the effort required to allow betting on scripted events may not be worth the likely modest betting activity.
Betting operators like BetMGM and FanDuel also seem hesitant to accept wagers on WWE matches due to potential risks of scandal and the significance of maintaining competition integrity.