Excellent morning. Vietnam is considering additional methods to open up its sports activities betting market, though field insiders say it is even now not likely to be ample to attract international investors. Earlier this thirty day period, the Ministry of Finance claimed it was growing the range of football tournaments that locals are allowed to bet on. The broader assortment eliminates a person important hurdle for likely marketplace individuals, but the laws is however viewed as being too restrictive to make it possible for firms to compete with the booming illegal market.
What you need to know
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On the radar
What the papers say
Vietnam is contemplating additional ways to open up its sporting activities betting market, although industry insiders say it is still unlikely to be enough to entice intercontinental traders. Earlier this thirty day period, the Ministry of Finance stated it was growing the number of soccer tournaments that locals are allowed to wager on. The wider assortment eliminates one critical hurdle for probable business participants, but the laws is even now noticed as staying much too restrictive to allow for firms to compete with the booming unlawful market place. “The Vietnamese federal government did miss out on an chance in the way it chose to regulate football betting,” claims Lorien Pilling, a gambling specialist with GBGC Consulting.
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