William Hill punters bet on table tennis in sports betting lull
15 May 2020
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William Hill says its punters have been banking on table tennis given that the coronavirus pandemic put paid to the majority of traditional sporting events.
The bookmaker said the sport belonged to its offer of "alternative products" for gamblers during the lockdown.
Other chances for wagers include in emerging market countries not yet as terribly affected by the infection.
Looking ahead, the firm said German football and French horseracing were its finest prospective earners.
Germany's Bundesliga is starting components once again behind closed doors this weekend, while racecourses had currently resumed activities in France.
"While this is clearly a developing circumstance, there are positive indications that some sports betting organisations are considering the resumption of live sports betting behind closed doors as early as this summer," William Hill stated.
Revenues down
Countries where football has not been suspended consist of Belarus, which has actually seen its Premier League attract a brand-new international following as a result.
The statement came as William Hill unveiled a trading upgrade covering the 17 weeks to 28 April.
It said that in the period to 10 March, before coronavirus curbs started to bite, its efficiency was "robust", although group earnings were down 5% year-on-year.
From 11 March onwards, nevertheless, its earnings fell 57%, since of the lack of live sports betting content.
William Hill said its sports betting shops were closed in the UK and US. UK retail personnel have been furloughed and the bookie is topping up their earnings to ensure they get 100% of their salaries.
Drive-thru sports betting
As it looks for to broaden its US operations, William Hill has had to find innovative ways to get round limitations on sports betting in particular states.
In Nevada, people who wish to place bets utilizing mobile phone apps have to register personally for the service at a wagering store before being allowed to use the app.
Since those centers are presently closed, William Hill has actually established short-lived drive-thru services at a number of places in Nevada.
Would-be punters need to download the app before heading for the drive-thru. To complete the registration procedure, they need to send an image of their state ID card and take a selfie with the app.
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William Hill Punters Bet on Table Tennis in Sports Lull
keeshaflinchum edited this page 2025-01-02 07:23:05 +00:00