punters bet 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 because the coronavirus pandemic put paid to many traditional sporting occasions.
The bookie stated the sport became part of its offer of "alternative items" for bettors during the lockdown.
Other chances for wagers consist of football in emerging market nations not yet as severely impacted by the infection.
Looking ahead, the company said German football and French horseracing were its finest prospective earners.
Germany's Bundesliga is starting fixtures again behind closed doors this weekend, while racecourses had already resumed activities in France.
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"While this is plainly an evolving scenario, 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 summer season," William Hill stated.
Revenues down
Countries where football has actually not been suspended include Belarus, which has seen its Premier League bring in a new worldwide following as a result.
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The announcement came as William Hill revealed a trading upgrade covering the 17 weeks to 28 April.
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It said that in the period to 10 March, before coronavirus curbs started to bite, its efficiency was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, however, its profits fell 57%, since of the lack of live sports betting material.
William Hill said its sports betting shops were closed in the UK and US. UK retail staff have actually been furloughed and the bookmaker is topping up their wages to make certain they get 100% of their wages.
Drive-thru sports betting
As it seeks to expand its US operations, William Hill has actually had to discover ingenious methods to get round limitations on gaming in particular states.
In Nevada, people who want to put bets using mobile phone apps have to sign up in individual for the service at a wagering shop before being enabled to utilize the app.
Since those centers are presently closed, William Hill has actually established temporary drive-thru services at a number of locations in Nevada.
Would-be punters need 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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William Hill Punters Bet on Table Tennis in Sports Lull
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