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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 because the coronavirus pandemic put paid to many conventional sporting occasions.

The bookmaker stated the sport became part of its deal of "alternative items" for bettors throughout the lockdown.

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

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

"While this is plainly a progressing situation, there are favorable indications that some sports betting organisations are thinking about 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 include Belarus, which has actually seen its Premier League bring in a brand-new international 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 duration to 10 March, before coronavirus curbs started to bite, its performance was "robust", although group profits were down 5% year-on-year.

From 11 March onwards, however, its earnings fell 57%, because of the lack of live sports betting content.

William Hill said its wagering shops were closed in the UK and US. UK retail staff have actually been and the bookmaker is topping up their earnings to make sure they receive 100% of their salaries.
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Drive-thru gaming
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As it looks for to broaden its US operations, William Hill has needed to discover ingenious ways to get round constraints on gambling in certain states.
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In Nevada, people who want to place bets using mobile phone apps have to register personally for the service at a wagering store before being permitted to utilize the app.

Since those facilities are presently closed, William Hill has actually set up momentary drive-thru services at several areas in Nevada.
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Would-be punters have to download the app before heading for the drive-thru. To complete the registration procedure, they require to submit an image of their state ID card and take a selfie with the app.

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