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 banking on table tennis since the coronavirus pandemic put paid to most standard sporting occasions.
The bookie stated the sport was part of its offer of "alternative products" for bettors during the lockdown.
Other opportunities for wagers consist of football in emerging market nations not yet as badly affected by the infection.
Looking ahead, the company said German football and French horseracing were its best potential earners.
Germany's Bundesliga is beginning fixtures again behind closed doors this weekend, while racecourses had already resumed activities in France.
"While this is clearly an evolving situation, 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 summertime," William Hill stated.
Revenues down
Countries where football has not been suspended consist of Belarus, which has seen its Premier League attract a new worldwide following as a result.
The announcement came as William Hill revealed a trading upgrade covering the 17 weeks to 28 April.
It said that in the duration to 10 March, before coronavirus curbs started to bite, its efficiency was "robust", although group earnings were down 5% year-on-year.
From 11 March onwards, nevertheless, its incomes fell 57%, since of the lack of live sports betting material.
William Hill said its wagering stores were closed in the UK and US. UK retail staff have actually been furloughed and the bookie is topping up their earnings to make certain they get 100% of their incomes.
Drive-thru sports betting
As it looks for to expand its US operations, William Hill has actually had to discover innovative methods to get round limitations on sports betting in specific states.
In Nevada, people who wish to position bets utilizing cellphone apps have to register in individual for the service at a sports betting store before being enabled to utilize the app.
Since those facilities are presently closed, William Hill has actually established short-lived drive-thru services at several locations in Nevada.
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Would-be punters have to download the app before heading for the drive-thru. To finish the registration process, they need to submit 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
Gudrun Pannell edited this page 2025-01-08 13:15:51 +02:00