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Vietnam to Legalise Limited Football Betting
VIETNAM SEEKS TO LEGALISE LIMITED FOOTBALL SPORTS BETTING.
Too little, too late say detractors.
According to an anonymous Government official, the Vietnamese Finance Ministry is set to submit a proposal to Government for the approval of limited sports betting on pre-selected international football matches, Thanhnien News reports.
The proposal reportedly outlines limited sports betting on football matches selected by the Ministry of Culture, Sports and Tourism and caps maximum wager amounts at VND 1 million ($45), an amount slammed by various organisations who say given the scale of underground betting with no wagering limits, the initiative will fail to attract bettors.
“Betting should be either banned or legalized. But it should not be half allowed like this,” Nguyen Hoang Hai, deputy chairman of the Vietnam Association of Financial Investors said commenting on the Ministry’s proverbial dip of the toe in the sports betting ocean.
“Rich people and big gamblers will still bet illegally,” Le Dang Doanh, former director of the Central Institute for Economic Management said, and National Assembly general secretary, Nguyen Hanh Phuc, agrees, saying only poor people would gamble under the proposed rule.
“The regulation aims at keeping a careful eye on gamblers and step-by-step development to avoid regrettable consequences,” the unnamed official was quoted as saying. “The draft excludes people under 18, those with mental or civilian incompetency and illegal immigrants.”
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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