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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.”



Gambling News :

MPN Poker Tour Malta Day 1A - The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.

€8 million mobile jackpot win on Mega Moolah - Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.

NHL Odds: Young Oilers Face Veteran Ducks in Round Two - Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.

BitStarz Casino pays out nearly $100,000 over 2 days - They say lightning doesn’t strike in the same place twice, but it did at BitStarz as yet another player lands a massive payout on an Amatic slot!

Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

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