dads

Ministry wants betting to be allowed on more global football events

Created 08 September 2021
  • PDF
Editor Choice
dads
Share
(0 votes, average 0 out of 5)

The Ministry of Finance wants more global football tournaments added to the list of those on which people can bet.
Ministry wants betting to be allowed on more global football events

The list comprises 27 events, including 15 leagues in Europe, Asia, North America and South America and 12 tournaments held every two or four years.

Gamblers will be allowed to bet on matches Vietnam play, including in the World Cup, AFC U-23 Championship, Olympics, Asian Cup, and U-20 World Cup.

The minimum and maximum bets on football matches, horse races and dog races will remain unchanged from 2017 at VND10,000 ($0.44) and VND1 million.

A 2017 government decree allows Vietnamese to bet on all football tournaments run by FIFA.

But gambling remains illegal in Vietnam. There are a handful of licensed casinos, but only holders of foreign passports are allowed to gamble there.

Vietnamese are known for their . It is estimated they spend at least $800 million a year betting overseas, mainly in Macau, Singapore and Hong Kong.

Illegal betting and gambling are rife within the country too. Da Nang City police last year arrested with stakes of nearly $1 million.


Source: VNE

Maybe You Also Interesting :

» Vietnam accepts vaccine passports from 72 countries, territories

Vietnam currently accepts Covid-19 vaccine passports from 72 countries and territories, and is discussing the issue with 80 others, the foreign ministry said...

» Vietnam to dismiss biggest Covid-19 field hospital

A field hospital for Covid-19 treatment with 37,000 beds in southern Binh Duong Province will be shut with the outbreak under control.

» Investigation launched to find killers of endangered langurs in Quảng Ngãi

The grey-shanked douc langur is listed on the International Union for Conservation of Nature red list as one of the world’s 25 most critically endangered...