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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 since the coronavirus pandemic put paid to a lot of traditional sporting occasions.
The bookie said the sport became part of its offer of "alternative items" for bettors throughout the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as severely affected by the virus.
Looking ahead, the firm stated German football and French horseracing were its best prospective earners.
Germany's Bundesliga is starting fixtures again behind closed doors this weekend, while racecourses had actually currently resumed activities in France.
"While this is plainly a developing circumstance, 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 summer," William Hill stated.
Revenues down
Countries where football has not been suspended include Belarus, which has seen its Premier League attract a new global 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 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, however, its revenues fell 57%, because of the lack of live sports betting content.
William Hill said its wagering stores were closed in the UK and US. UK retail personnel have actually been furloughed and the bookie is topping up their earnings to ensure they receive 100% of their salaries.
Drive-thru gaming
As it looks for to broaden its US operations, William Hill has needed to discover innovative methods to get round restrictions on gambling in certain states.
In Nevada, who wish to put bets using smart phone apps have to register face to face for the service at a wagering shop before being allowed to use the app.
Since those centers are presently closed, William Hill has set up short-lived 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 send 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
Lincoln Ventimiglia edited this page 2025-01-17 07:46:11 +08:00