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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 sports betting on table tennis since the coronavirus pandemic put paid to a lot of conventional sporting events.
The bookie said the sport belonged to its deal of "alternative products" for bettors throughout the lockdown.
Other opportunities for wagers include football in emerging market nations not yet as severely impacted by the infection.
Looking ahead, the firm stated 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 already resumed activities in France.
"While this is plainly a progressing situation, there are positive indications 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 consist of Belarus, which has seen its Premier League bring in a new global following as a result.
The announcement came as William Hill unveiled a trading update covering the 17 weeks to 28 April.
It stated that in the period to 10 March, before coronavirus curbs started to bite, its performance was "robust", although group incomes were down 5% year-on-year.
From 11 March onwards, nevertheless, its earnings fell 57%, since of the absence of live sports betting content.
William Hill stated its stores were closed in the UK and US. UK retail staff have been furloughed and the bookmaker is topping up their salaries to make certain they get 100% of their salaries.
Drive-thru gambling
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As it seeks to broaden its US operations, William Hill has needed to find ingenious ways to get round restrictions on sports betting in specific states.
In Nevada, people who wish to position bets utilizing cellphone apps have to sign up face to face for the service at a wagering shop before being enabled 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.
Would-be punters have to download the app before heading for the drive-thru. To finish the registration process, they need 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
latonyahone408 edited this page 8 months ago