{"id":32554,"date":"2022-08-11T06:30:46","date_gmt":"2022-08-11T09:30:46","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32554"},"modified":"2026-04-23T05:59:32","modified_gmt":"2026-04-23T08:59:32","slug":"delegate-calls-for-sports-betting-legalisation-in-vietnam","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/delegate-calls-for-sports-betting-legalisation-in-vietnam","title":{"rendered":"Delegate calls for sports betting legalisation in Vietnam"},"content":{"rendered":"\n

A delegate has argued that regulation is the only way to solve the problem of illegal sports betting.<\/p>\n\n\n\n\n\n\n\n

Vietnam.- Vietnam began experimenting with the legalisation of gaming in 2017, allowing\u00a0locals to enter some casinos<\/a>. However, proposals to do something similar with sports betting haven’t got anywhere until now.<\/p>\n\n\n\n

But this week, the idea resurfaced. Delegate\u00a0Pham Van Hoa<\/strong>\u00a0called on the minister of public security to legalise sports betting as a way to better manage clandestine activities.<\/p>\n\n\n\n

According to VN Express, Van Hoa said: “I believe it is time for our country to put into practice the Decree on the Business of Betting on Horse Racing, Greyhound Racing and International Soccer for better management and taxation, while also limiting online betting.”<\/p>\n\n\n\n

Hoa said that although authorities had broken up several illegal sports betting operations in recent years, illegal betting remained complex and widespread since the 2017 decree on the matter has yet to be implemented.<\/p>\n\n\n\n

Hoa asked\u00a0why progress had not been made with sports betting<\/strong>\u00a0in the same way as with casinos.<\/p>\n\n\n\n

Ho Duc Phoc<\/strong>, the minister of finance, noted that the prime minister had approved an initiative to build a racecourse in Soc Son District, Hanoi in 2020, but that the plan had not yet been implemented.<\/p>\n\n\n\n

Other countries in the region have also been looking at plans to legalise gambling. A Thai government committed studying the\u00a0feasibility of integrated resorts with casinos<\/a>\u00a0has submitted its final report to the National Assembly.\u00a0<\/p>\n\n\n\n

The committee said that legalising casinos could allow Thailand to make billions from foreign investors, visitors and Thai gamblers who would otherwise spend their money in neighbouring countries. This latter point is one of the most surprising: the legislators are proposing that Thais would be allowed to play in casinos<\/strong>, as opposed to the regimes in Vietnam and South Korea that severely restrict locals\u2019 access.<\/p>\n\n\n\n

The proposal stipulates that Thai nationals over the age of 20 with a bank account containing at least 500,000 baht should be allowed to gamble.<\/p>\n\n\n\n

Pichet Chuamuangphan<\/strong>, a lawmaker from the Pheu Thai Party and vice chairman of the panel, predicted at least THB400bn (US$11bn) in additional annual tax revenue<\/strong> once several venues are operating.<\/p>\n","protected":false},"excerpt":{"rendered":"

A delegate has argued that regulation is the only way to solve the problem of illegal sports betting.<\/p>\n","protected":false},"author":176,"featured_media":16477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Vietnam is revisiting proposals to legalize sports betting, with a delegate advocating for implementation of a 2017 decree to better manage and tax widespread illegal activities. Concurrently, Thailand's government committee has submitted a report recommending the legalization of integrated resorts and casinos, including access for qualified Thai nationals, projecting significant annual tax revenue and addressing capital flight.","focusai_entities":"Pham Van Hoa, Ho Duc Phoc, Pichet Chuamuangphan, Pheu Thai Party","focusai_location":"Vietnam, Thailand, Soc Son District, Hanoi, South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.85), operator_casino (0.9), affiliate_publisher (0.7), marketing_crm (0.7), payments_fraud_aml (0.75), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Vietnam Sports Betting Outlook","query":"What specific legislative or executive actions are required to finally implement Vietnam's 2017 decree on sports betting, and what is the projected GGR potential?"},{"label":"Thailand IR Local Access","query":"How do the proposed financial criteria for Thai nationals accessing integrated resorts compare to existing regional models, and what are the anticipated social and economic impacts?"}],"footnotes":""},"categories":[154,158,16333],"tags":[23911,233],"class_list":["post-32554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-slider-home","category-south-east-asia-news","tag-gambling-regulation","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=32554"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32554\/revisions"}],"predecessor-version":[{"id":32562,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32554\/revisions\/32562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16477"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}