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William Hill punters bet on table tennis in sports betting lull
15 May 2020
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William Hill says its punters have been banking on table tennis considering that the coronavirus pandemic put paid to a lot of standard sporting occasions.
The bookmaker said the sport belonged to its offer of "alternative products" for bettors throughout the lockdown.
Other opportunities for wagers include football in emerging market countries not yet as badly affected by the infection.
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Looking ahead, the firm stated German football and French horseracing were its best potential earners.
Germany's Bundesliga is beginning fixtures again behind closed doors this weekend, while racecourses had actually currently resumed activities in France.
"While this is clearly a progressing 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 consist of Belarus, which has seen its Premier League draw in a brand-new international following as a result.
The statement came as William Hill unveiled a trading upgrade covering the 17 weeks to 28 April.
It stated that in the duration to 10 March, before coronavirus curbs started to bite, its efficiency was "robust", although group revenues were down 5% year-on-year.
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From 11 March onwards, however, its profits fell 57%, since of the absence of live sports betting material.
William Hill stated its sports betting stores were closed in the UK and US. UK retail staff have been furloughed and the bookie is topping up their salaries to make certain they get 100% of their incomes.
Drive-thru sports betting
As it seeks to expand its US operations, William Hill has needed to discover ingenious ways to get round constraints on sports betting in specific states.
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In Nevada, people who wish to position bets utilizing smart phone apps need to register personally for the service at a sports betting shop before being allowed to utilize the app.
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Since those centers are presently closed, William Hill has set up short-term drive-thru services at in Nevada.
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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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