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

Online sports betting operators in France enjoyed significant quarterly revenue growth for Q3 2019 compared to the revenue generated during the same p...

Read more »

Bet-at-home AG has announced that it bolstered its commercial status and its revenue, in spite of the €11.5 million Austrian tax burden that was impos...

Read more »

LeoVegas has restored its five-year Swedish gambling license, since it managed to win its appeal against the country’s gaming regulator Spelinspektion...

Read more »

The popular online bookmaker Interwetten has announced the signing of a sponsorship deal with the Greek Super League, which is the top tier football l...

Read more »

William Hill signed a new sports betting partnership with the NBA and became the official bookmaker of the best basketball league in the world. With t...

Read more »

Bethard has announced that it entered the Spanish market and that it will be operating under its official .es domain. Its Spanish sportsbook, which is...

Read more »

A new draft law on online gambling was submitted to the Greek Parliament on the evening of 9/10/2019. The new draft has radically taken a different di...

Read more »

The Italian football club Juventus has signed a three-year partnership agreement with 10Bet. The popular online bookmaker is now the official gaming a...

Read more »

A huge and most surprising move has been made from the William Hill board, which has announced an unexpected change in the brand’s leadership. As the ...

Read more »

The well-known betting exchange Matchbook has officially declared that it will be charging a set 2% commission on all sports wagering that takes place...

Read more »