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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Betting on Oscars: Why More States Allow Legal Wagering on Hollywood’s Big Night
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variety.comCynthia Littleton Business Editor The annual Academy Awards derby has been a long been a subject of interest for Las Vegas oddsmakers.
But since 2019, more than half a dozen states have enacted legislation around sports betting that opened the door to legal wagering on Hollywood’s glitziest annual race.
Gambling experts say there are more states to come in the near future, including Alabama. But California, home of the film business, isn’t likely to join New Jersey, Massachusetts, Michigan, Colorado, Arizona and Kansas any time soon.
Bill Speros, senior betting analyst for Bookies.com, explains the ins and outs of legal wagering on Hollywood’s big night on the latest episode of Variety‘s “Strictly Business” podcast.
Read more on variety.com
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