Vietnam Finalizes Betting Rules

Vuong Dinh Hue (l.), the deputy prime minister of Vietnam, has asked the Ministry of Finance to fine-tune draft rules on horse and dog racing and international football betting and submit them to the government this week.

No regs on internet sales

Vuong Dinh Hue, deputy prime minister of Vietnam, has asked the Ministry of Finance to make final changes to a draft decree on horse and dog racing and international football betting and submit it to the government by August 15.

Under the draft, which has already been submitted to the National Assembly Standing Committee, the government will decide the hours of operations for betting companies; and betting company agents must keep a distance of at least 500 meters (547 yards) from schools and public parks.

Forbes magazine reported that under the terms of the draft decree, betting operators will be required to apply for five-year licenses to offer wagering on races and non-domestic football games; they will not be permitted to market their services using pictures or results from such events; and only to companies with at least five years of experience may “distribute gambling tickets” via telephone and “other means of telecommunication.”

There are no regulations for internet ticket distribution, reported Vietnam.net.

The deputy prime minister suggested that the decree also include regulations on advertising by operators, and define the responsibilities of the Ministry of Culture, Sports and Tourism in the management of international football gambling.

The recommendations contain no new information on suggested plans that would allow Vietnamese casinos to admit local players.