William Hill punters bet on table tennis in sports betting lull
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 the majority of traditional sporting events.
The bookie stated the sport belonged to its offer of "alternative items" for bettors during the lockdown.
Other chances for wagers consist of football in emerging market countries not yet as badly impacted by the infection.
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Looking ahead, the firm stated German football and French horseracing were its best prospective earners.
Germany's Bundesliga is starting components once again behind closed doors this weekend, while racecourses had actually currently resumed activities in France.
"While this is clearly a developing circumstance, 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 summertime," William Hill stated.
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 a result.
The statement came as William Hill a trading update covering the 17 weeks to 28 April.
It stated that in the period to 10 March, before coronavirus curbs started to bite, its efficiency was "robust", although group revenues were down 5% year-on-year.
From 11 March onwards, however, its profits fell 57%, due to the fact that of the absence of live sports betting material.
William Hill stated its wagering shops were closed in the UK and US. UK retail personnel have been furloughed and the bookie is topping up their incomes to make sure they get 100% of their incomes.
Drive-thru gaming
As it looks for to expand its US operations, William Hill has had to discover ingenious ways to get round restrictions on sports betting in specific states.
In Nevada, people who want to place bets using mobile phone apps have to sign up in individual for the service at a sports betting store before being allowed to use the app.
Since those facilities are currently closed, William Hill has actually set up momentary drive-thru services at several locations in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To complete the registration procedure, they require to submit an image 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
lyndonmelba757 edited this page 2025-01-02 11:23:45 +01:00