UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934
                                (Amendment No. 2)

                       WORLD WRESTLING ENTERTAINMENT, INC.
        -----------------------------------------------------------------
                                (Name of Issuer)

                      Class A Common Stock, $0.01 par value
        -----------------------------------------------------------------
                         (Title of Class of Securities)

                                    98156Q108
                              --------------------
                                 (CUSIP Number)

                                  June 29, 2007
        ----------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

         /   /   Rule 13d-1(b)
         /   /   Rule 13d-1(c)
         / X /   Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the  liabilities of the section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).




                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


1.      Names of Reporting Persons.
        I.R.S. Identification Nos. of above persons (entities only).

        Vincent K. McMahon
        ------------------------------------------------------------

2.      Check the Appropriate Box if a Member of a Group

        (a)
             ------
        (b)
             ------

3.      SEC Use Only
                     ---------------------------------------------

4.      Citizenship or Place of Organization            United States
                                                        ---------------

Number of         5.  Sole Voting Power                 43,421,427
Shares                                                  ---------------
Beneficially      6.  Shared Voting Power               0
Owned by                                                ---------------
Each Reporting    7.  Sole Dispositive Power            43,421,427
Person                                                  ---------------
With:             8.  Shared Dispositive Power          0
                                                        ---------------

9.      Aggregate Amount Beneficially Owned by Each
        Reporting Person                                43,421,427
                                                        ---------------

10.     Check if the Aggregate Amount in Row (9) Excludes
        Certain Shares                                         --------

11.     Percent of Class Represented by Amount in Row (9)

                                                                 64.95%
                                                               --------

12.     Type of Reporting Person                                IN
                                                               --------



                                Page 2 of 6 Pages

                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108

                                Explanatory Note

This Statement on Schedule 13G relates to the  43,421,427  shares of the Class B
Common  Stock,  $.01 par  value per share  ("Class  B Common  Stock"),  of World
Wrestling  Entertainment,  Inc. (the "Company") beneficially owned by Vincent K.
McMahon.  Mr.  McMahon  beneficially  owns 91.0% of the  issued and  outstanding
shares of Class B Common Stock and  approximately  86.7% of the Company's  total
voting power. Class B Common Stock is fully convertible into the Company's Class
A Common  Stock,  par  value  $.01 per  share  ("Class  A Common  Stock"),  on a
one-for-one  basis,  at any  time at the  option  of the  holder.  Assuming  the
conversion  of the  shares  of Class B Common  Stock  beneficially  owned by Mr.
McMahon as of the date hereof,  Mr. McMahon would beneficially own approximately
64.95% of the  issued and  outstanding  shares of the  Company's  Class A Common
Stock,  based on the number of shares of Class A Common Stock  outstanding as of
April 30, 2007. The numbers of shares reported  herein as beneficially  owned by
Mr.  McMahon  exclude  566,670  shares of Class B Common Stock and 100 shares of
Class A Common Stock owned by Linda E. McMahon.


Item 1.

        (a)     Name of Issuer

                World Wrestling Entertainment, Inc.
                -------------------------------------------------------

        (b)     Address of Issuer's Principal Executive Offices

                1241 East Main Street
                Stamford, Connecticut 06902
                -------------------------------------------------------
Item 2.

        (a)     Name of Persons Filing

                Vincent K. McMahon
                -------------------------------------------------------

        (b)     Address of Principal Business Office or, if none, Residence

                C/o World Wrestling Entertainment, Inc.
                1241 East Main Street
                Stamford, Connecticut 06902
                -------------------------------------------------------

        (c)     Citizenship

                United States of America
                -------------------------------------------------------


                                Page 3 of 6 Pages

                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


        (d)     Title of Class of Securities

                Class A Common Stock, $0.01 par value
                -------------------------------------------------------

        (e)     CUSIP Number

                98156Q108
                -------------------------------------------------------

Item 3.    If this statement is filed pursuant to ss.ss.240.13d-1(b) or
           240.13d-2(b) or (c), check whether the person filing is a:

    (a)    /  /  Broker or dealer registered under section 15 of the Act;

    (b)    /  /  Bank as defined in section 3(a)(6) of the Act;

    (c)    /  /  Insurance company as defined in section 3(a)(19) of the Act;

    (d)    /  /  Investment company registered under section 8 of the Investment
                 Company Act of 1940;

    (e)    /  /  An investment adviser in accordance with
                 ss.240.13d-1(b)(l)(ii)(E);

    (f)    /  /  An employee benefit plan or endowment fund in accordance
                 with ss.240.13d-1(b)(1)(ii)(F);

    (g)    /  /  A parent holding company or control person in accordance
                 with ss.240.13d-1(b)(1)(ii)(G);

    (h)    /  /  A savings association as defined in Section 3(b) of the
                 Federal Deposit Insurance Act;

    (i)    /  /  A church plan that is excluded from the definition of an
                 investment company under section 3(c)(14) of the Investment
                 Company Act of 1940;

    (j)    /  /  Group, in accordance with ss.240.13d-1(b)(l)(ii)(J)

Item 4.    Ownership

     Provide  the  following  information  regarding  the  aggregate  number and
percentage of the class of securities of the issuer identified in Item 1.

        (a)     Amount beneficially owned:                          43,421,427
                                                                --------------

        (b)     Percent of class:                                       64.95%
                                                                --------------

                               Page 4 of 6 Pages

                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


        (c)     Number of shares as to which such person has:

                (i)    Sole power to vote or to direct the vote     43,421,427
                                                                  ------------

                (ii)   Shared power to vote or to direct the vote          -0-
                                                                  ------------

                (iii)  Sole power to dispose or to direct the
                       disposition of                               43,421,427
                                                                  ------------

                (iv)   Shared power to dispose or to direct the
                       disposition of                                      -0-
                                                                  ------------

Item 5.    Ownership of Five Percent or Less of a Class

     If this  statement  is being  filed to report  the fact that as of the date
hereof,  the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following:  [ ]

Item 6.    Ownership of More than Five Percent on Behalf of Another Person

           Not applicable.

Item 7.    Identification and Classification of the Subsidiary Which Acquired
           the Security Being Reported on by the Parent Holding Company or
           Control Person

           Not applicable.

Item 8.    Identification and Classification of Members of the Group

           Not applicable.

Item 9.    Notice of Dissolution of Group

           Not applicable.


                               Page 5 of 6 Pages

                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


                                    SIGNATURE

          After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.



                                                 July 6, 2007
                                                 --------------------------
                                                 Date


                                                 /s/ Vincent K. McMahon
                                                 --------------------------
                                                 Vincent K. McMahon
                                                 Chairman













                               Page 6 of 6 Pages