Is it permissible to bet on international football in Vietnam?
Is it permissible to bet on international football in Vietnam? Is it permissible to run the business of betting on mobile phones in Vietnam?
I'm going to establish a football betting bookmaker. I would like to know if I am permissible to open bets on international football events occuring in Europe, Asia, South America, etc. Am I permissible to run the business of betting on mobile phones? Thanks for your information!
Is it permissible to bet on international football in Vietnam?
Pursuant to Clause 2, Article 6 of the Decree 06/2017/NĐ-CP stipulating bets in Vietnam as follows:
2. Regarding betting on international football: the bets shall be made regarding the score of a match or a half of a match, events in a match and ranks in a tournament. The matches/tournaments being the basis for betting business shall be international football matches/tournaments announced and approved by Fédération Internationale de Football Association (FIFA). The Ministry of Culture, Sports and Tourism shall issue the list of international football matches and tournaments which are selected to provide the basis for the business of betting on international football.
As regulations above, if you want to open bets on international football events, those events must be announced and approved by Fédération Internationale de Football Association (FIFA), and issued in the list of Ministry of Culture, Sports and Tourism of Vietnam.
Is it permissible to run the business of betting on mobile phones in Vietnam?
Pursuant to Clause 2, Article 13 of the same Decree stipulating betting area in Vietnam as follows:
2. The area for the business of betting on international football may be located:
a) It several provinces or central-affiliated cities where bet tickets are sold via terminal devices. The Ministry of Finance shall preside over and cooperate with the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Justice and the Ministry of Public Security requesting the Prime Minister to select provinces and cities for pilot business of betting on international football;
b) In the whole Vietnam where bet tickets are sold via terminal devices and telephones.
As regulations above, you are permissible to run the business of betting on mobile phones in Vietnam.
Best regards!
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