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William Hill Punters Bet on Table Tennis in Sports Lull
William Hill punters wager on table tennis in sports betting lull
15 May 2020
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William Hill says its punters have actually been banking on table tennis considering that the coronavirus pandemic put paid to most conventional sporting occasions.
The bookmaker said the sport belonged to its deal of “alternative items” for bettors during the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as badly impacted by the infection.
Looking ahead, the firm stated German football and French horseracing were its best possible earners.
Germany’s Bundesliga is starting components once again behind closed doors this weekend, while racecourses had already resumed activities in France.
“While this is clearly an evolving scenario, 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 stated.
Revenues down
Countries where football has actually not been suspended include Belarus, which has seen its Premier League attract a new global following as a result.
The statement came as William Hill revealed a trading update covering the 17 weeks to 28 April.
It said that in the period to 10 March, before coronavirus curbs started to bite, its efficiency was “robust”, although group profits were down 5% year-on-year.
From 11 March onwards, however, its revenues fell 57%, since of the lack of live sports betting content.
William Hill said its sports betting shops were closed in the UK and US. UK retail personnel have been furloughed and the bookmaker is topping up their wages to make sure they get 100% of their salaries.
gambling
As it looks for to broaden its US operations, William Hill has had to find ingenious methods to get round constraints on gambling in particular states.
In Nevada, individuals who wish to position bets using mobile phone apps have to register personally for the service at a sports betting store before being permitted to utilize the app.
Since those centers are presently closed, William Hill has established short-term drive-thru services at several areas in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To complete 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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