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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 :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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