bet9ja.com
William Hill punters bank on table tennis in sports betting lull
bit.ly
15 May 2020
comments
296 Comments
William Hill says its punters have actually been banking on table tennis because the coronavirus pandemic put paid to the majority of standard sporting occasions.
bit.ly
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 badly impacted by the virus.
Looking ahead, the firm said German football and French horseracing were its best potential earners.
bit.ly
Germany's Bundesliga is starting components again behind closed doors this weekend, while racecourses had currently resumed activities in France.
"While this is plainly a progressing situation, there are favorable indications that some sports betting organisations are considering the resumption of live sports betting behind closed doors as early as this summer," William Hill said.
Revenues down
Countries where football has actually not been suspended include Belarus, which has actually seen its Premier League attract a new worldwide following as an outcome.
The statement came as William Hill revealed a trading update covering the 17 weeks to 28 April.
It stated 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, however, its earnings fell 57%, since of the lack of live sports betting content.
William Hill said its wagering stores were closed in the UK and US. UK retail staff have been furloughed and the bookmaker is topping up their wages to ensure they receive 100% of their wages.
Drive-thru gambling
As it seeks to broaden its US operations, William Hill has actually needed to discover innovative ways to get round limitations on sports betting in certain states.
In Nevada, individuals who want to put bets using smart phone apps have to sign up personally for the service at a wagering store before being enabled to utilize the app.
Since those facilities are currently closed, William Hill has set up short-lived drive-thru services at several places in Nevada.
Would-be punters have to download the app before heading for the drive-thru. To complete the process, they need to submit a photo of their state ID card and take a selfie with the app.
Gambling companies to stop advertising throughout lockdown
27 April 2020
'I'm being bombarded by sports betting advertisements'
2 May 2020
Pandemic 'a catastrophe' for sports betting addicts
29 April 2020
William Hill employer leaves as 700 bookmakers close
5 September 2019
bet9ja.com
4,500 tasks at risk as William Hill axes 700 stores
4 July 2019
1
William Hill Punters Bet on Table Tennis in Sports Lull
otiliatorode1 edited this page 2025-01-02 00:13:27 +00:00