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William Hill punters bank 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 sports betting on table tennis because the coronavirus pandemic put paid to many standard sporting occasions.
The bookie stated the sport belonged to its deal of "alternative products" for gamblers throughout the lockdown.
Other chances for wagers include football in emerging market nations not yet as terribly affected by the virus.
Looking ahead, the firm stated German football and were its finest potential earners.
Germany's Bundesliga is beginning fixtures once again behind closed doors this weekend, while racecourses had currently resumed activities in France.
"While this is plainly an evolving 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 season," William Hill said.
Revenues down
Countries where football has actually not been suspended consist of Belarus, which has actually seen its Premier League draw in a new worldwide following as an outcome.
The announcement 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 began to bite, its performance was "robust", although group revenues were down 5% year-on-year.
From 11 March onwards, nevertheless, its incomes fell 57%, due to the fact that of the absence 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 salaries to ensure they get 100% of their incomes.
Drive-thru sports betting
As it seeks to broaden its US operations, William Hill has actually needed to discover ingenious methods to get round restrictions on sports betting in particular states.
In Nevada, individuals who wish to put bets utilizing smart phone apps have to register personally for the service at a wagering shop before being permitted to use the app.
Since those facilities are currently closed, William Hill has set up temporary drive-thru services at a number of 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 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
fidelias283259 edited this page 2025-01-02 05:18:32 +00:00