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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 been banking on table tennis since the coronavirus pandemic put paid to the majority of conventional sporting occasions.
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The bookie stated the sport was part of its deal of "alternative items" for bettors during the lockdown.
Other chances for wagers consist of football in emerging market countries not yet as terribly affected by the infection.
Looking ahead, the company stated German football and French horseracing were its best prospective earners.
Germany's Bundesliga is beginning again behind closed doors this weekend, while racecourses had already resumed activities in France.
"While this is plainly a progressing situation, 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 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 new global 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 duration 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, nevertheless, its revenues fell 57%, due to the fact that of the absence of live sports betting material.
William Hill said its wagering shops were closed in the UK and US. UK retail personnel have been furloughed and the bookmaker is topping up their wages to ensure they get 100% of their incomes.
Drive-thru sports betting
As it looks for to expand its US operations, William Hill has needed to discover innovative methods to get round constraints on sports betting in particular states.
In Nevada, individuals who want to position bets utilizing cellphone apps have to sign up personally for the service at a sports betting shop before being enabled to use the app.
Since those centers are currently closed, William Hill has actually established temporary drive-thru services at numerous locations in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To finish the registration process, they require to send an image 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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