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William Hill punters bet on table tennis in sports betting lull
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15 May 2020
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William Hill states its punters have actually been banking on table tennis given that the coronavirus pandemic put paid to many traditional sporting occasions.
The bookie said the sport became part of its offer of "alternative products" for bettors throughout the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as badly impacted by the infection.
Looking ahead, the firm stated German football and French horseracing were its best prospective earners.
Germany's Bundesliga is beginning fixtures again behind closed doors this weekend, while racecourses had currently resumed activities in France.
"While this is plainly a progressing situation, there are favorable 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 stated.
Revenues down
Countries where football has actually not been suspended consist of Belarus, which has actually seen its Premier League attract a brand-new worldwide following as an outcome.
The statement came as William Hill revealed a trading upgrade covering the 17 weeks to 28 April.
It said that in the period to 10 March, before coronavirus curbs began to bite, its performance was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, however, its earnings fell 57%, since of the absence 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 bookmaker is topping up their wages to make certain they get 100% of their wages.
Drive-thru sports betting
As it looks for to broaden its US operations, William Hill has had to discover innovative ways to get round constraints on sports betting in certain states.
In Nevada, individuals who want to put bets utilizing smart phone apps need to register face to face for the service at a wagering store before being allowed to utilize the app.
Since those facilities are currently closed, William Hill has actually set up temporary drive-thru services at several areas 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
Ben Stansberry edited this page 2025-01-16 17:18:58 +00:00