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William Hill punters bank on table tennis in sports betting lull
bit.ly
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 a lot of traditional sporting events.
The bookie said the sport became part of its offer of "alternative products" for gamblers throughout the lockdown.
Other opportunities for wagers consist of football in emerging market countries not yet as severely affected by the infection.
Looking ahead, the company said German football and French horseracing were its best prospective earners.
Germany's Bundesliga is beginning fixtures once again behind closed doors this weekend, while racecourses had actually already resumed activities in France.
"While this is clearly a developing situation, 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 summer season," William Hill said.
Revenues down
Countries where football has actually not been suspended include Belarus, which has actually seen its Premier League attract a new international following as a result.
The statement came as William Hill unveiled a trading upgrade covering the 17 weeks to 28 April.
It said that in the duration 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, nevertheless, its earnings fell 57%, since of the lack of live sports betting material.
William Hill stated its sports betting stores were closed in the UK and US. UK retail personnel have actually been furloughed and the bookmaker is topping up their salaries to make sure they receive 100% of their wages.
Drive-thru gaming
As it seeks to broaden its US operations, William Hill has actually needed to discover innovative ways to get round constraints on gambling in specific states.
In Nevada, individuals who want to position bets using mobile phone apps need to register face to face for the service at a sports betting store before being allowed to utilize the app.
Since those centers are currently closed, William Hill has actually set up short-term drive-thru services at a number of places in Nevada.
Would-be punters need to download the app before heading for the drive-thru. To finish the registration process, they need to send a photo of their state ID card and take a selfie with the app.
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