William Hill punters bank on table tennis in sports betting lull
15 May 2020
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William Hill says its punters have been wagering on table tennis because the coronavirus pandemic put paid to the majority of standard sporting occasions.
The the sport was part of its deal of "alternative items" for gamblers throughout the lockdown.
Other chances for wagers include football in emerging market nations not yet as badly impacted by the virus.
Looking ahead, the firm stated German football and French horseracing were its finest possible earners.
Germany's Bundesliga is beginning components once again behind closed doors this weekend, while racecourses had currently resumed activities in France.
"While this is clearly a developing situation, there are positive signs that some sports betting organisations are thinking about the resumption of live sports betting behind closed doors as early as this summer season," William Hill said.
Revenues down
Countries where football has not been suspended include Belarus, which has actually seen its Premier League draw in a new worldwide following as an outcome.
The statement came as William Hill revealed a trading upgrade covering the 17 weeks to 28 April.
It stated that in the period to 10 March, before coronavirus curbs started to bite, its efficiency was "robust", although group profits were down 5% year-on-year.
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From 11 March onwards, however, its revenues fell 57%, because of the absence of live sports betting content.
William Hill said its sports betting stores were closed in the UK and US. UK retail personnel have actually been furloughed and the bookie is topping up their wages to make sure they receive 100% of their incomes.
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Drive-thru sports betting
As it looks for to expand its US operations, William Hill has had to find innovative methods to get round constraints on gambling in particular states.
In Nevada, people who wish to place bets using smart phone apps have to register face to face for the service at a wagering store before being enabled to utilize the app.
Since those facilities are presently closed, William Hill has set up temporary drive-thru services at numerous places in Nevada.
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Would-be punters have to download the app before heading for the drive-thru. To complete the registration procedure, they require to submit a photo 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
freyavela99767 edited this page 2025-01-02 00:14:06 +00:00