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William Hill punters bank on table tennis in sports betting lull
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15 May 2020
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William Hill states its punters have actually been banking on table tennis because the coronavirus pandemic put paid to the majority of conventional sporting occasions.
The bookie said the sport belonged to its offer of "alternative products" for gamblers during the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as terribly impacted by the virus.
Looking ahead, the company stated German football and French horseracing were its best potential earners.
Germany's Bundesliga is beginning components again behind closed doors this weekend, while racecourses had already resumed activities in France.
"While this is clearly an evolving 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 actually not been suspended include Belarus, which has actually seen its Premier League bring in a brand-new worldwide following as an outcome.
The announcement came as William Hill revealed a trading update covering the 17 weeks to 28 April.
It said that in the period to 10 March, before coronavirus curbs began to bite, its performance was "robust", although group earnings 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 shops were closed in the UK and US. UK retail staff have actually been furloughed and the bookie is topping up their earnings to ensure they get 100% of their wages.
Drive-thru sports betting
As it seeks to broaden its US operations, has needed to discover innovative methods to get round restrictions on gaming in certain states.
In Nevada, people who wish to place bets using smart phone apps need to register in individual for the service at a sports betting store before being enabled to use the app.
Since those facilities are currently closed, William Hill has actually established temporary drive-thru services at numerous 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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William Hill Punters Bet on Table Tennis in Sports Lull
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