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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 states its punters have been banking on table tennis considering that the coronavirus pandemic put paid to a lot of traditional sporting occasions.
The bookie stated the sport became part of its offer of "alternative products" for bettors throughout the lockdown.
Other chances for wagers include 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 finest prospective earners.
Bundesliga is beginning components once again behind closed doors this weekend, while racecourses had already resumed activities in France.
"While this is clearly an evolving circumstance, there are positive indications that some sports betting organisations are considering the resumption of live sports betting behind closed doors as early as this summertime," William Hill stated.
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Revenues down
Countries where football has not been suspended include Belarus, which has actually seen its Premier League draw in a new global following as an outcome.
The announcement came as William Hill unveiled a trading upgrade covering the 17 weeks to 28 April.
It stated that in the period to 10 March, before coronavirus curbs started to bite, its performance was "robust", although group earnings were down 5% year-on-year.
From 11 March onwards, however, its revenues fell 57%, due to the fact that of the absence of live sports betting material.
William Hill said its wagering shops were closed in the UK and US. UK retail staff have actually been furloughed and the bookmaker is topping up their earnings to ensure they receive 100% of their salaries.
Drive-thru gambling
As it seeks to expand its US operations, William Hill has had to discover ingenious methods to get round constraints on gaming in particular states.
In Nevada, individuals who want to put bets using smart phone apps have to sign up in individual for the service at a wagering store before being allowed to utilize the app.
Since those facilities are presently 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 process, they require 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
jenifershepard edited this page 2025-01-02 22:47:37 +11:00