What are requirements for betting on greyhound racing in Vietnam?

What are requirements for betting on greyhound racing in Vietnam?

Pursuant to Article 7 of Decree 06/2017/ND-CP on bettors as follows:

1. Bettors shall be at least 21 year olds and have fully legal capacity as prescribed by law.

2. Persons not allowed to place bets:

a) Persons not satisfying the requirement specified in clause 1 of this Article;

b) Managers, directors and employees of bet-organizing enterprises and their parents, spouses and children must not place bets through the enterprises they work for;

c) Members of the Race surveillance councils of horse races or greyhound races and their parents, spouses and children must not place bets on the races which are under their surveillance;

d) Jockeys, players, referees and their parent, spouse and children must not place bets on races and soccer matches and tournaments that they participate or control;

dd) Persons whose parents, spouses or children who have fully legal capacity or who themselves request the bet-organizing enterprise to prevent them from placing bets;

e) Persons who are liable to criminal prosecution or have incurred penalties which have not been expunged; persons who are incurring the measure of education at reform schools or rehabilitation centers.

3. Bettors shall have the following rights:

a) Get their wins certified and fully paid out by bet-organizing enterprises according to the announced betting rules;

b) Any bettor being a foreigner or a Vietnamese overseas citizen who wins a bet may buy foreign currencies at a bank which is eligible for foreign exchange transactions to transfer such money abroad according to law on foreign exchange control;

c) Have lawful rights arising from the placement of bets and the confidentiality of personal winning information protected by law;

d) File complaints against the enterprises or denunciations of prize payout results and cheatings and violations committed by the organizing enterprises and relevant entities;

dd) Enjoy other lawful benefits prescribed in laws and the announced betting rules.

4. Bettors shall have the following obligations:

a) Present identity papers to prove the eligibility to place bets at the request of competent authorities;

b) Comply with law on betting business and the announced betting rules;

c) Fulfill tax obligations towards the State under applicable laws on taxes;

d) Not commit frauds in the course of bet placement;

dd) Keep the bet tickets to receive winning prizes.

According to this Article, you must be at least 21 year olds and have fully legal capacity as prescribed by law to be able to participate in betting on greyhound racing. As such, you cannot currently participate in greyhound racing bets in Vietnam.

What are conditions for racing greyhounds to participate in races in Vietnam?

According to Article 26 of Decree 06/2017/ND-CP, regulations on racing horses/greyhounds are as follows:

1. The enterprise shall specify the requirements for racing horses/greyhounds which are used for the business of betting on horse/greyhound racing and the following requirements:

a) Such racing horses shall be those which have been broken in and trained for racing;

b) Such racing greyhounds shall be greyhounds which have been broken in and trained for racing.

2. Racing horses and/or greyhounds participating in each race shall be registered with the enterprise running the business of betting on horse/greyhound racing according to the racing charter and have separate name and number for identification when they cross the finish line.

3. The referee and the race surveillance council may apply for examination of any racing horse/greyhound in case of necessary or if any sign of cheat is found. Violations shall be handled according to the Racing charter and law provisions.

According to the above, racing greyhounds participating in races need to meet the above conditions in Vietnam.

Best Regards!