William Hill punters bank on table tennis in sports betting lull
15 May 2020
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William Hill says its punters have actually been banking on given that the coronavirus pandemic put paid to the majority of standard sporting occasions.
The bookmaker said the sport became part of its offer of "alternative items" for gamblers during the lockdown.
Other opportunities for wagers include football in emerging market countries not yet as severely impacted by the infection.
Looking ahead, the firm stated German football and French horseracing were its finest potential 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 clearly an evolving scenario, there are positive signs that some sports betting organisations are considering 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 include Belarus, which has actually seen its Premier League bring in a brand-new worldwide following as an outcome.
The statement 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 performance was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, nevertheless, its revenues fell 57%, because of the absence of live sports betting content.
William Hill stated its wagering stores were closed in the UK and US. UK retail personnel have been furloughed and the bookmaker is topping up their wages to make certain they receive 100% of their wages.
Drive-thru gaming
As it looks for to broaden its US operations, William Hill has actually needed to find innovative ways to get round restrictions on sports betting in specific states.
In Nevada, individuals who wish to place bets using smart phone apps have to register personally for the service at a sports betting store before being enabled to use the app.
Since those facilities are presently closed, William Hill has actually established momentary drive-thru services at numerous places in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To complete the registration process, they require to send 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
vernellyencken edited this page 2025-01-02 04:29:25 +00:00