William Hill punters bet 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 banking on table tennis considering that the coronavirus pandemic put paid to many standard sporting occasions.
The bookmaker stated the sport became part of its deal of "alternative products" for bettors during the lockdown.
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Other chances for wagers include football in emerging market nations not yet as badly affected by the virus.
Looking ahead, the company stated German football and French horseracing were its finest potential earners.
Germany's Bundesliga is starting fixtures once again behind closed doors this weekend, while racecourses had actually already resumed activities in France.
"While this is clearly a progressing scenario, there are positive signs 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
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Countries where football has not been suspended include Belarus, which has seen its Premier League draw in a new international following as an outcome.
The statement came as William Hill revealed 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 incomes were down 5% year-on-year.
From 11 March onwards, however, its earnings fell 57%, due to the fact that of the lack of live sports betting material.
William Hill said its sports betting shops were closed in the UK and US. UK retail staff have been furloughed and the is topping up their salaries to ensure they receive 100% of their wages.
Drive-thru gambling
As it seeks to expand its US operations, William Hill has needed to find ingenious ways to get round constraints on gambling in certain states.
In Nevada, individuals who wish to position bets utilizing cellphone apps have to register in individual for the service at a wagering store before being enabled to utilize the app.
Since those centers are currently closed, William Hill has established short-term drive-thru services at several locations in Nevada.
Would-be punters need to download the app before heading for the drive-thru. To complete 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
ashleyannis873 edited this page 2025-01-02 02:13:43 +01:00