William Hill punters bank on table tennis in sports betting lull
15 May 2020
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William Hill states its punters have been banking on table tennis since the coronavirus pandemic put paid to the majority of standard sporting events.
The bookie stated the sport was part of its deal of "alternative products" for gamblers during the lockdown.
Other chances for wagers consist of football in emerging market nations not yet as affected by the virus.
Looking ahead, the firm stated German football and French horseracing were its finest possible earners.
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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 an evolving situation, there are favorable 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 seen its Premier League draw in a new international following as an outcome.
The statement came as William Hill unveiled a trading update 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 revenues were down 5% year-on-year.
From 11 March onwards, however, its revenues fell 57%, because of the lack of live sports betting content.
William Hill stated its wagering shops were closed in the UK and US. UK retail personnel have been furloughed and the bookmaker is topping up their salaries to make certain they get 100% of their salaries.
Drive-thru gambling
As it looks for to expand its US operations, William Hill has had to find ingenious methods to get round restrictions on gaming in specific states.
In Nevada, individuals who wish to position bets using cellphone apps have to sign up in person for the service at a sports betting shop before being enabled to use the app.
Since those centers are presently closed, William Hill has established temporary drive-thru services at a number of places in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To finish the registration process, they need to submit 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
otiliasturgess edited this page 2025-01-02 10:31:44 +00:00