Vietnam legalizes betting on football

6 Feb 2017

vietnamAfter many years of fights and disputes, the government of Vietnam decided at last to allow to the local players the betting activity on international football matches and at horse and dog races as well. Of course there are some requirements that has been established from the government. Those requirements include limiting legal wagering to those 21 years of age or older, and football wagers will be limited to matches that have the approval of international football overseers FIFA. Moreover, the players should place the bets through authorized betting agencies, but those should not be located within 500 metres of a school or a children’s park.

Finally there are some unbelievable limits at the amount of money a player can bet, the maximum daily amount is 1 million VND, which means $45 daily. Of course, that part was the one that brought the most disputes and controversies, but as it seems the players should go with that for now, with the high rollers becoming unsatisfied by this requirement.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

The Swedish gambling regulator, Spelinspektionen, has submitted new regulatory changes for football betting to the National Board of Trade, aiming at ...

Read more »

Norsk Bransjeforening for Onlinespill (NBO), simply known as the Norwegian Industry Association for Online Gaming, has requested the national authorit...

Read more »

The Ukrainian government has recently shut down the domains of 59 international online gambling operators, despite the fact that the country’s efforts...

Read more »

Denmark’s gambling regulator, Spillemyndigheden, has blocked access to 16 websites that were offering their gambling services without a license. The r...

Read more »

The European Gaming & Betting Association (EGBA) has released the first pan-European Code of Conduct for responsible advertising of online gamblin...

Read more »

The Malta Gaming Authority (MGA) has signed a data-sharing agreement with the International Cricket Council (ICC) in order to combat match-fixing in a...

Read more »

888 Holdings PLC has announced a 6% year-on-year increase in revenue to a record high of $560.3m for 2019. According to its financial results for the ...

Read more »

In January the United Kingdom Gambling Commission announced that all players residing in Britain will be banned from using credit cards for gambling. ...

Read more »

The United Kingdom Gambling Commission (UKGC) has announced the suspension of the licenses of two online operators with immediate effect, as they fail...

Read more »

The sports betting technology provider SBTech has been targeted by hackers and that led to the disruption of access to several bookmakers that use its...

Read more »