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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.”
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
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Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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