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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 says its punters have actually been wagering on table tennis because the coronavirus pandemic put paid to many standard sporting occasions.
The bookmaker stated the sport became part of its offer of “alternative products” for gamblers throughout the lockdown.
Other chances for wagers include football in emerging market nations not yet as terribly impacted by the virus.
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 currently resumed activities in France.
“While this is plainly an evolving situation, there are positive indications 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 consist of Belarus, which has seen its Premier League attract a brand-new international following as an outcome.
The statement came as William Hill unveiled a trading update covering the 17 weeks to 28 April.
It stated that in the period to 10 March, before coronavirus curbs began to bite, its performance was “robust”, although group profits were down 5% year-on-year.
From 11 March onwards, nevertheless, its profits fell 57%, since of the lack of live sports betting material.
William Hill said its wagering shops were closed in the UK and US. UK retail personnel have actually been furloughed and the bookmaker is topping up their earnings to ensure they get 100% of their wages.
Drive-thru sports betting
As it seeks to expand its US operations, William Hill has actually had to find ingenious ways to get round limitations on gaming in particular states.
In Nevada, people who want to position bets utilizing mobile phone apps need 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 short-lived drive-thru services at several locations in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To finish the registration procedure, they require to send an image of their state ID card and take a selfie with the app.
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