WWE Discussing Legalized Betting On Matches

The WWE is reportedly having discussions with gambling regulators in Colorado and Michigan to legalize betting on the company’s high-profile matches, a source with knowledge of the situation told CNBC.

The sports entertainment company is reportedly working with the accounting firm Ernst & Young — which has previously worked with the Academy Awards and Emmys to keep results private until they’re announced — to secure that predetermined match results don’t leak to the public and is attempting to convince regulators as such. 

Popular apps FanDuel and DraftKings already offer legal betting on the Academy Awards in some states, though most prohibit it.

CNBCsaid a WWE spokesperson declined to comment on its report, and Michigan and Colorado gambling regulators didn’t immediately respond to  a request for comment.