Breakingviews - WWE girds for insider-betting fight

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From Breakingviews - WWE girds for insider-betting fight

on political races, weather or national debt default. In most cases, these are events where the result is unknown, which assures a somewhat level playing field between participants.

The Oscars, which can also be bet on through sites like DraftKings, show how WWE’s plan for betting in pre-ordained results might work. For WWE the number of insiders may be bigger: Writers, trainers and wrestlers might be among those with an idea of what’s in store. Regulators would need to get comfortable.

Still, the spread of more innovative ways to gamble is probably inevitable. Overseas bettors can already wager on an upcoming , the Eurovision Song Contest and Love Island 2023. Meanwhile, the WWE has put itself up for sale, so some theatrical limbering up for future revenue opportunities is a smart way to juice the price.

 

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So this is a flat-out money laundering operation then, got it

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