William Hill punters wager on table tennis in sports betting lull

15 May 2020
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William Hill says its punters have actually been banking on table tennis considering that the coronavirus pandemic put paid to many standard sporting occasions.

The bookie said the sport was part of its deal of “alternative items” for bettors during the lockdown.

Other opportunities for wagers consist of football in emerging market not yet as terribly affected by the virus.

Looking ahead, the firm stated German football and French horseracing were its best possible earners.

Germany’s Bundesliga is beginning fixtures again behind closed doors this weekend, while racecourses had already resumed activities in France.

“While this is plainly a developing situation, there are favorable signs that some sports betting organisations are considering the resumption of live sports betting behind closed doors as early as this summertime,” William Hill stated.

Revenues down

Countries where football has not been suspended consist of Belarus, which has seen its Premier League draw in a brand-new worldwide following as a result.

The statement came as William Hill unveiled a trading update covering the 17 weeks to 28 April.
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It said that in the period to 10 March, before coronavirus curbs began to bite, its performance was “robust”, although group revenues were down 5% year-on-year.

From 11 March onwards, nevertheless, its earnings fell 57%, since of the absence of live sports betting material.

William Hill stated its wagering stores 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 gambling

As it looks for to expand its US operations, William Hill has actually needed to find innovative methods to get round restrictions on gambling in particular states.

In Nevada, individuals who want to place bets utilizing mobile phone apps have to sign up personally for the service at a sports betting shop before being allowed to utilize the app.

Since those facilities are presently closed, William Hill has actually set up temporary drive-thru services at several places in Nevada.

Would-be punters have to download the app before heading for the drive-thru. To complete the registration process, they require to submit a photo of their state ID card and take a selfie with the app.

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