William Hill punters bank 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 since the coronavirus pandemic put paid to a lot of conventional sporting occasions.
The bookmaker stated the sport was part of its deal of "alternative products" for bettors during the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as terribly impacted by the infection.
Looking ahead, the company said 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 currently resumed activities in France.
"While this is plainly an evolving circumstance, there are positive signs that some sports betting organisations are considering the resumption of live sports betting behind closed doors as early as this summertime," William Hill said.
Revenues down
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Countries where football has not been suspended include Belarus, which has actually seen its Premier League draw in a brand-new international following as a result.
The statement came as William Hill revealed a trading upgrade covering the 17 weeks to 28 April.
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It stated that in the period to 10 March, before coronavirus curbs started to bite, its performance was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, nevertheless, its earnings fell 57%, because of the absence of live sports betting material.
William Hill said its wagering shops were closed in the UK and US. UK retail staff have been furloughed and the bookie is topping up their incomes to make sure they receive 100% of their incomes.
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Drive-thru gaming
As it looks for to expand its US operations, William Hill has had to discover ingenious methods to get round restrictions on sports betting in specific states.
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In Nevada, individuals who want to put bets utilizing smart phone apps have to sign up personally for the service at a sports betting shop before being allowed to utilize the app.
Since those centers are presently closed, William Hill has actually set up temporary drive-thru services at several locations in Nevada.
need to download the app before heading for the drive-thru. To finish the registration procedure, they require to send a photo 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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