William Hill Punters Bet on Table Tennis in Sports Lull
William Hill punters bank on table tennis in sports lull
15 May 2020
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William Hill states its punters have been wagering on table tennis considering that the coronavirus pandemic put paid to the majority of standard sporting occasions.
The bookmaker stated the sport was part of its deal of "alternative items" for gamblers throughout the lockdown.
Other chances for wagers consist of football in emerging market nations not yet as terribly impacted by the virus.
Looking ahead, the company stated German football and French horseracing were its best possible 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 clearly a developing scenario, there are favorable indications that some sports organisations are thinking about the resumption of live sports behind closed doors as early as this summer season," 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 international 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 profits were down 5% year-on-year.
From 11 March onwards, however, its earnings fell 57%, due to the fact that of the absence of live sports content.
William Hill stated its wagering shops were closed in the UK and US. UK retail personnel have been furloughed and the bookie is topping up their earnings to ensure they receive 100% of their incomes.