By all reports, the WWE is looking to enter the U.S. sports betting market and allow bettors a chance to place wagers on their matches. But despite their hopes, most state gaming regulators are ready to halt the sports entertainment company s sports betting efforts with a quick when the referee has his back turned.
As by CNBC in March, the sports entertainment behemoth has had initial discussions with accounting firm Ernst and Young to secure WWE match results to potentially find a legal path for regulated sports betting on their events.
However, even if the WWE could secure its results with the firm, the vast majority of states with legalized sports betting have statutes prohibiting bets on scripted events. Also, states that currently allow bets on the Academy Awards, …