William Hill punters wager on table tennis in sports betting lull
15 May 2020
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William Hill says its punters have been wagering on table tennis given that the coronavirus pandemic put paid to many conventional sporting events.
The bookie stated the sport belonged to its deal 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 best prospective earners.
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Germany's Bundesliga is beginning components once again behind closed doors this weekend, while racecourses had currently resumed activities in France.
"While this is plainly a developing scenario, there are favorable indications that some sports betting organisations are thinking about the resumption of live sports betting behind closed doors as early as this summer," William Hill stated.
Revenues down
Countries where football has not been suspended include Belarus, which has seen its Premier League attract a new global following as a result.
The announcement 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 efficiency was "robust", although group profits were down 5% year-on-year.
From 11 March onwards, nevertheless, its incomes fell 57%, because of the lack of live sports betting content.
William Hill said its sports betting stores were closed in the UK and US. UK retail staff have actually been furloughed and the bookmaker is topping up their to make sure they get 100% of their incomes.
Drive-thru sports betting
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As it looks for to expand its US operations, William Hill has needed to find ingenious methods to get round restrictions on sports betting in particular states.
In Nevada, people who wish to position bets using mobile phone apps need to sign up personally for the service at a sports betting store before being permitted to use the app.
Since those centers are currently closed, William Hill has established momentary drive-thru services at a number of places in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To finish the registration procedure, they need to send a picture 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
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