William Hill punters bank on table tennis in sports betting lull
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15 May 2020
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William Hill states its punters have been wagering on table tennis considering that the coronavirus pandemic put paid to many conventional sporting events.
The bookmaker stated the sport belonged to its deal of "alternative items" for gamblers during the lockdown.
Other opportunities for wagers consist of football in emerging market countries not yet as severely impacted by the infection.
Looking ahead, the firm stated German football and French horseracing were its best potential earners.
Germany's Bundesliga is starting fixtures again behind closed doors this weekend, while racecourses had actually already resumed activities in France.
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"While this is plainly a progressing scenario, 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 actually not been suspended include Belarus, which has 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.
It said that in the period to 10 March, before coronavirus curbs started to bite, its efficiency was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, however, its earnings fell 57%, since of the lack of live sports betting material.
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William Hill said its sports betting shops were closed in the UK and US. UK retail personnel have actually been furloughed and the bookie is topping up their salaries to make sure they get 100% of their wages.
Drive-thru sports betting
As it looks for to expand its US operations, William Hill has had to find ingenious ways to get round constraints on gambling in certain states.
In Nevada, people who wish to place bets using cellphone apps have to sign up in person for the service at a wagering shop before being permitted to utilize the app.
Since those centers are currently closed, William Hill has actually set up short-term 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 procedure, they require 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
allanmallard35 edited this page 2025-01-02 06:43:19 +00:00