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William Hill punters bank on table tennis in sports betting lull
15 May 2020
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William Hill states its punters have been banking on table tennis given that the coronavirus pandemic put paid to many standard sporting events.
The bookie stated the sport became part of its offer of "alternative products" for bettors during the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as severely affected by the virus.
Looking ahead, the company said German football and French horseracing were its best possible earners.
Germany's Bundesliga is starting components again behind closed doors this weekend, while racecourses had already resumed activities in France.
"While this is clearly a progressing 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 summer season," William Hill said.
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Revenues down
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Countries where football has actually not been suspended consist of Belarus, which has actually seen its Premier League attract a new international following as a result.
The announcement came as William Hill revealed 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 performance was "robust", although group earnings were down 5% year-on-year.
From 11 March onwards, however, its profits fell 57%, since of the lack of live sports betting material.
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William Hill said its wagering stores were closed in the UK and US. UK retail staff have actually been furloughed and the bookie is topping up their salaries to make sure they get 100% of their salaries.
Drive-thru gambling
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As it seeks to expand its US operations, William Hill has actually needed to find ingenious ways to get round limitations on gaming in particular states.
In Nevada, individuals who wish to put bets using cellphone apps have to register personally for the service at a wagering store before being allowed to use the app.
Since those centers are currently closed, William Hill has actually established temporary drive-thru services at numerous 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
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