Posts

Showing posts with the label betting in vietnam

Things you should know to place football bets

Image
World Cup football tournament 2018 is coming. Upon receipt of questions from members of Cộng đồng Dân luật regarding football betting, we would like to give you some instructions for regulations on betting activities, betting operators and their tax obligations. According to the Decision No.1064/QD-BVHTTDL announcing the list of selected football matches and international football tournaments as the basis for betting business in 2018 (phase 1), all football matches of World Cup 2018 taking place in Russia in June and July of 2018  will be in the list. When the Decree No.06/2017/ND-CP came into force from March 31, 2017, it is the first time that the betting on horse racing, greyhound racing and international football games has been legalized. Subject to provisions laid down in this Decree, bettors and betting operators must obey strict requirements. * Regulations on the bettors : >>> Bettors must be at least 21 year olds and have fully legal capacity as prescri...

Conditional business for Betting services

Image
Follow the  Decree No. 96/2016/ND-CP  providing for security and order conditions for a number of conditional business sectors 1. General Conditions - A business establishment must be registered, licensed or established under the law of Vietnam; - Conditions on fire prevention and fighting have been satisfied as referred to by the law on fire prevention and fighting. 2. Security and Order Conditions The person in charge of security and order of a business establishment must not be one of the following subjects: - A person has been criminally prosecuted and being under the investigation, prosecution or adjudication by a Vietnamese or foreign procedural body; - A person has a criminal record on infringing upon the national security or deliberate commission of a crime liable to a prison term of 03 years or more which has not yet been expunged; or is suspended from serving a prison sentence; or is serving a non-custodial rehabilitation; or is und...