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William Hill punters bank on table tennis in sports betting lull
15 May 2020
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William Hill states its punters have actually been banking on table tennis considering that the coronavirus pandemic put paid to many conventional sporting occasions.
The bookmaker stated the sport became part of its deal of "alternative items" for gamblers during the lockdown.
Other chances for wagers consist of football in emerging market countries not yet as severely affected by the virus.
Looking ahead, the firm said German football and French horseracing were its finest potential earners.
Germany's Bundesliga is beginning components once again behind closed doors this weekend, while racecourses had currently resumed activities in France.
"While this is plainly an evolving circumstance, there are favorable signs that some sports betting organisations are considering 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 consist of Belarus, which has actually seen its Premier League bring in a brand-new worldwide following as an outcome.
The announcement came as William Hill unveiled a trading upgrade covering the 17 weeks to 28 April.
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It stated that in the duration to 10 March, before coronavirus curbs began to bite, its performance was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, nevertheless, its incomes fell 57%, due to the fact that of the absence of live sports betting material.
William Hill stated its sports betting stores were closed in the UK and US. UK retail staff have been furloughed and the bookmaker is up their earnings to ensure they receive 100% of their incomes.
Drive-thru gaming
As it seeks to expand its US operations, William Hill has actually had to discover innovative methods to get round limitations on sports betting in specific states.
In Nevada, individuals who want to position bets using smart phone apps have to sign up personally for the service at a wagering shop before being enabled to use the app.
Since those facilities are currently closed, William Hill has established momentary drive-thru services at a number of areas in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To complete the registration procedure, they need to send an image of their state ID card and take a selfie with the app.
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