William Hill punters bank 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 given that the coronavirus pandemic put paid to most conventional sporting events.

The bookie stated the sport was part of its offer of "alternative products" for bettors throughout the lockdown.

Other opportunities for wagers consist of football in emerging market nations not yet as terribly impacted by the virus.
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Looking ahead, the company stated German football and French horseracing were its best potential earners.

Germany's Bundesliga is starting components once again behind closed doors this weekend, while racecourses had actually currently resumed activities in France.

"While this is clearly a developing scenario, there are positive indications 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 said.

Revenues down

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

The statement 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 started to bite, its efficiency was "robust", although group earnings were down 5% year-on-year.
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From 11 March onwards, nevertheless, its profits fell 57%, because 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 actually been furloughed and the bookmaker is topping up their earnings to make certain they receive 100% of their wages.

Drive-thru sports betting

As it looks for to expand its US operations, William Hill has needed to discover ingenious methods to get round constraints on sports betting in specific states.

In Nevada, individuals who want to put bets utilizing smart phone apps have to sign up face to face for the service at a sports betting store before being allowed to use the app.
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Since those facilities are currently closed, William Hill has actually set up momentary drive-thru services at numerous places in Nevada.

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

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