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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 given that the coronavirus pandemic put paid to most traditional sporting occasions.
The bookmaker stated the sport belonged to its offer of "alternative items" for bettors during the lockdown.
Other opportunities for wagers include football in emerging market countries not yet as severely affected by the virus.
Looking ahead, the firm said German football and French horseracing were its finest prospective earners.
Germany's Bundesliga is beginning fixtures once again behind closed doors this weekend, while racecourses had actually already resumed activities in France.
"While this is plainly a developing situation, there are positive signs that some sports betting organisations are considering the resumption of live sports betting behind closed doors as early as this summertime," William Hill said.
Revenues down
Countries where football has not been suspended include Belarus, which has actually seen its Premier League bring in a new international following as a result.
The statement came as William Hill revealed a trading update covering the 17 weeks to 28 April.
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It stated that in the period to 10 March, before coronavirus curbs started to bite, its performance was "robust", although group earnings were down 5% year-on-year.
From 11 March onwards, however, its incomes fell 57%, since of the absence of live sports betting content.
William Hill stated its wagering shops were closed in the UK and US. UK retail personnel have actually been furloughed and the bookie is topping up their incomes to make sure they receive 100% of their incomes.
Drive-thru gambling
As it seeks to expand its US operations, William Hill has had to find innovative methods to get round constraints on sports betting in certain states.
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In Nevada, people who want to position bets using smart phone apps have to register personally for the service at a sports betting store before being enabled to use the app.
Since those are currently closed, William Hill has actually established short-term drive-thru services at numerous locations in Nevada.
Would-be punters have 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
dwightritchie2 edited this page 2025-01-10 17:48:04 +03:00