William Hill Punters Bet on Table Tennis in Sports Lull
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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 wagering on table tennis given that the coronavirus pandemic put paid to most conventional sporting occasions.
The bookie said the sport belonged to its offer of "alternative products" for gamblers throughout the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as severely impacted by the virus.
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Looking ahead, the firm said German football and French horseracing were its finest prospective earners.
Germany's Bundesliga is starting fixtures again behind closed doors this weekend, while racecourses had already resumed activities in France.
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"While this is plainly a developing scenario, there are positive signs that some sports betting organisations are thinking about the resumption of live sports betting behind closed doors as early as this summertime," William Hill said.
Revenues down
Countries where football has actually not been suspended consist of Belarus, which has actually seen its Premier League bring in a brand-new international following as an outcome.
The statement came as William Hill revealed 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 performance was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, however, its profits fell 57%, because of the lack of live sports betting material.
William Hill stated its sports betting stores were closed in the UK and US. UK retail staff have been furloughed and the bookie is topping up their to ensure they receive 100% of their salaries.
Drive-thru sports betting
As it looks for to broaden its US operations, William Hill has had to discover ingenious ways to get round constraints on gambling in certain states.
In Nevada, individuals who wish to position bets utilizing smart phone apps have to register face to face for the service at a sports betting shop before being permitted to use the app.
Since those facilities are currently closed, William Hill has established short-lived drive-thru services at a number of locations in Nevada.
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Would-be punters need to download the app before heading for the drive-thru. To finish the registration procedure, they require to send a photo of their state ID card and take a selfie with the app.
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