William Hill punters bet on table tennis in sports betting lull
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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 many standard sporting events.
The bookie said the sport became part of its offer of "alternative items" for bettors during the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as severely impacted by the infection.
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Looking ahead, the firm said German football and French horseracing were its finest potential earners.
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Germany's Bundesliga is starting fixtures once again behind closed doors this weekend, while racecourses had already resumed activities in France.
"While this is plainly a progressing situation, there are positive indications that some sports betting organisations are considering the resumption of live sports betting behind closed doors as early as this summertime," William Hill stated.
Revenues down
Countries where football has not been suspended include Belarus, which has actually seen its Premier League attract a new global 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 duration to 10 March, before coronavirus curbs started to bite, its performance was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, however, its revenues fell 57%, since of the lack of live sports betting material.
William Hill stated its wagering stores were closed in the UK and US. UK retail staff have been furloughed and the bookmaker is topping up their wages to make certain they get 100% of their salaries.
Drive-thru gambling
As it seeks to expand its US operations, William Hill has actually had to discover innovative ways to get round constraints on gambling in particular states.
In Nevada, individuals who wish to put bets using smart phone apps have to sign up in person for the service at a wagering shop before being enabled to use the app.
Since those centers are currently closed, William Hill has actually set up short-lived drive-thru services at numerous areas in Nevada.
Would-be punters have to the app before heading for the drive-thru. To finish the registration procedure, they require to send 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
randellsheedy1 edited this page 2025-01-02 11:55:29 +00:00