Legislation
Vietnam – Vietnam to publish draft decree on sportsbetting
By Phil - 10 August 2016
Vietnam is closing in on legalising sportsbetting on international football matches as well as horse and dog racing with a draft decree expected to be published by the government by August 15.
Internet betting will not be allowed though.
Deputy Prime Minister Vuong Dinh Hue wants the Ministry of Finance to include suggestions put forward by the Standing Committee of the country’s National Assembly into the new rules.
Interested betting companies would need to apply for a five-year license. Companies will need at least five years of experience to “distribute gambling tickets” via telephone. Licensed betting shops will have to be located at least1,640 feet from schools or public parks.
