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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 given that the coronavirus pandemic put paid to many conventional sporting events.
The bookmaker said the sport was part of its offer of "alternative products" for bettors throughout the lockdown.
Other opportunities for wagers consist of football in emerging market countries not yet as terribly impacted by the virus.
Looking ahead, the firm said German football and French horseracing were its best possible earners.
Germany's Bundesliga is beginning fixtures again behind closed doors this weekend, while racecourses had actually currently resumed activities in France.
"While this is clearly a progressing scenario, there are favorable indications that some sports betting organisations are considering the resumption of live sports betting behind closed doors as early as this summer," William Hill said.
Revenues down
Countries where football has actually not been suspended consist of Belarus, which has seen its Premier League draw in a brand-new international following as a result.
The announcement came as William Hill unveiled a trading update 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.
From 11 March onwards, nevertheless, its incomes fell 57%, because of the lack of live sports betting content.
William Hill stated its sports betting stores were closed in the UK and US. UK retail personnel have actually been furloughed and the bookmaker is topping up their earnings to make sure they receive 100% of their wages.
Drive-thru sports betting
As it looks for to broaden its US operations, William Hill has needed to find innovative methods to get round restrictions on sports betting in specific states.
In Nevada, people who wish to place bets using mobile phone apps need to sign up in individual for the service at a sports betting store before being allowed to use the app.
Since those centers are presently closed, William Hill has established short-term drive-thru services at in Nevada.
Would-be punters need to download the app before heading for the drive-thru. To finish the registration procedure, they need 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
tylerxya259111 edited this page 2025-01-02 02:34:59 +01:00