William Hill Punters Bet on Table Tennis in Sports Lull
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William Hill punters bank on table tennis in sports betting lull
bet9ja.com
15 May 2020
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William Hill states its punters have been banking on table tennis because the coronavirus pandemic put paid to most traditional sporting events.
The the sport was part of its offer of "alternative products" for bettors during the lockdown.
Other opportunities for wagers consist of football in emerging market nations not yet as severely impacted by the virus.
Looking ahead, the firm said German football and French horseracing were its finest potential earners.
Germany's Bundesliga is starting components once again behind closed doors this weekend, while racecourses had currently resumed activities in France.
"While this is clearly a progressing scenario, 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 global following as an outcome.
The statement came as William Hill unveiled 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 revenues were down 5% year-on-year.
From 11 March onwards, nevertheless, its profits fell 57%, due to the fact that 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 bookie is topping up their wages to ensure they receive 100% of their salaries.
Drive-thru sports betting
As it seeks to broaden its US operations, William Hill has had to discover ingenious methods to get round restrictions on gambling in particular states.
In Nevada, individuals who wish to put bets utilizing mobile phone apps have to register in person for the service at a sports betting store before being allowed to use the app.
Since those centers are presently closed, William Hill has established short-term drive-thru services at numerous locations 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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