William Hill Punters Bet on Table Tennis in Sports Lull

William Hill punters wager on table tennis in sports lull


15 May 2020


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William Hill states its punters have actually been betting on table tennis since the coronavirus pandemic put paid to many conventional sporting occasions.


The bookmaker stated the sport belonged to its offer of "alternative products" for bettors during the lockdown.


Other opportunities for wagers include football in emerging market countries not yet as badly affected by the virus.


Looking ahead, the company stated German football and French horseracing were its best prospective earners.


Germany's Bundesliga is beginning fixtures once again behind closed doors this weekend, while racecourses had actually currently resumed activities in France.


"While this is clearly a progressing circumstance, there are favorable signs that some sports organisations are considering 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 include Belarus, which has actually seen its Premier League attract 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 said that in the period 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 revenues fell 57%, due to the fact that of the absence of live sports content.


William Hill stated its wagering stores were closed in the UK and US. UK retail staff have been furloughed and the bookmaker is topping up their incomes to make certain they receive 100% of their salaries.
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