JavaScript is off. Please enable to view full site.

Vietnam allows int’l football betting for those from 21 yrs old

Vietnam allows int’l football betting for those from 21 yrs old

Saturday, February 04, 2017, 15:42 GMT+7

Those from 21 years of age will be allowed to bet on horse and dog racing and international football, according to a recent government decree.

The decree issued by the Vietnamese government on Jan 24 came over three years after the country’s lawmaking National Assembly approved the issuance of regulations regarding the activity.

Prior to the piece of legislation, all forms of betting were outlawed in Vietnam and bettors could face up to three years behind bars on gambling charges.

According to the new decree, those over 21 years of age whose parents, spouse or children are not involved with the betting company are allowed to place bets on the legally organized horse and dog races as well as FIFA-approved international football matches.

Eligible matches for betting are to be listed by the Ministry of Culture, Sports and Tourism, the decree noted.

The amount someone can bet is set from a minimum of VND10,000 (US$0.45) to a maximum of VND1 million ($45) a day at one betting company.

Parents, spouses or children of bettors can formally request a betting company to ban their loved ones from placing bets, with which the company is obliged to comply according to the decree.

The bettor may file the request on their own to prevent themselves from being addicted to gambling, the decree said.

The placement of bets via the Internet or other mobile applications is not allowed, as bettors are required to place their wagers at ticket booths, which must be located outside a 500-meter radius from any nearby school or children’s park.

Illegal football betting has been widespread in Vietnam despite tough government actions against the activity.

The total turnover of the illegal football gambling market in Vietnam tops $3-4 billion a year, according to estimations by Ladbrokes, a global betting and gaming company headquartered in the UK.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

TUOI TRE NEWS

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news