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 banking on table tennis since the coronavirus pandemic put paid to many traditional sporting occasions.
The bookie stated the sport belonged to its deal of "alternative products" for gamblers during the lockdown.
Other chances for wagers include football in emerging market nations not yet as badly affected by the infection.
Looking ahead, the firm said German football and French horseracing were its best prospective earners.
Germany's Bundesliga is beginning components once again behind closed doors this weekend, while racecourses had actually currently resumed activities in France.
"While this is plainly a progressing scenario, there are positive indications that some sports betting organisations are thinking about 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 consist of Belarus, which has actually seen its Premier League bring in a new global following as a result.
The announcement came as William Hill a trading upgrade 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 revenues were down 5% year-on-year.
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From 11 March onwards, nevertheless, its earnings fell 57%, due to the fact that of the absence of live sports betting material.
William Hill stated its sports betting shops were closed in the UK and US. UK retail staff have been furloughed and the bookie is topping up their earnings to make certain they get 100% of their salaries.
Drive-thru sports betting
As it seeks to broaden its US operations, William Hill has actually had to find ingenious methods to get round constraints on gambling in particular states.
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In Nevada, individuals who wish to position bets using cellphone apps have to sign up personally for the service at a wagering store before being allowed to utilize the app.
Since those facilities are currently closed, William Hill has actually established temporary drive-thru services at numerous locations in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To finish the registration process, they need to submit a picture 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
rhysscollen592 edited this page 2025-01-02 14:28:21 +08:00