Remove the barrier for online betting, opening up a billion-dollar sector

Remove the barrier for online betting, opening up a billion-dollar sector

VCN- According to the latest market research report by the international organization Transparency Market Research, the total global revenue of the online betting market was US$48.9 billion in 2018 and is forecast to reach US$134.5 billion by 2027.
Draft Decree to amend Decree No. 06/2017 / ND-CP: Removing bottlenecks for international football betting

Draft Decree to amend Decree No. 06/2017 / ND-CP: Removing bottlenecks for international football betting

VCN - The Ministry of Finance is drafting a Decree amending and supplementing Decree 06/2017 / ND-CP of the Government on the business of betting on horse racing, dog racing and international football.
Scope is not expanded and list of permitted bets specified 

Scope is not expanded and list of permitted bets specified 

VCN- Currently, according to provisions of Decree No. 06, players placing bets via mobile phones must  open a betting account at the betting company. When registering an account, the player must have a payment account at a credit institution.
Consider "loosening" international football betting conditions

Consider "loosening" international football betting conditions

VCN - The Ministry of Finance is seeking comments on the draft Decree amending and supplementing a number of articles of Decree No. 06/2017 / ND-CP on the business of betting on horse racing, dog racing and international football.
Betting operators decide commissions for betting ticket agents

Betting operators decide commissions for betting ticket agents

VCN – The Ministry of Finance has just promulgated Circular 101/2017/TT-BTC guiding some articles described in the Circular No. 06/2017/ND-CP on horseracing, dog racing, and international soccer betting business.
Decree No. 06/2017/ND-CP deployed: Enterprises can register the Bidding

Decree No. 06/2017/ND-CP deployed: Enterprises can register the Bidding

VCN – Decree No. 06/2017/ND-CP of the Government on betting business on horse racing, dog racing and internal football has been officially taken effect from March 31, 2017.
An enterprise will be selected for pilot betting business

An enterprise will be selected for pilot betting business

VCN- On the afternoon of 10th April 2017, the Ministry of Finance held a quarterly press conference for the first quarter of 2017.
Regulations on horse racing and international football betting business: Not just for revenues

Regulations on horse racing and international football betting business: Not just for revenues

VCN- Amending regulations on horse racing, dog racing and international football betting business is not a new story because it has been promoted to construct a draft decree several years ago.
The draft decree on betting business will be soon completed

The draft decree on betting business will be soon completed

VCN- The Deputy Prime Minister asked the Ministry of Finance to review and complete the draft decree on horse racing, dog racing
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