Vietnam approves horse, dog racing gamblingThe Government has issued a long-awaited decree allowing Vietnamese citizens to bet on international football matches and on horse and dog races in Vietnam. The football wagers will be limited to matches that have the approval of international football overseers FIFA. According to the decree, the minimum investment capital for horse racing and football betting businesses will be VND1 trillion each, and for dog racing will be VND300 billion. The new decree also regulates punishment for administrative infringements on horse and dog racing and international football gambling in Vietnam. The Hanoi Tourist Corporation, for example, is seeking to build a horse racing track in the capital’s suburban district of Soc Son.

Source: VietNamNet News February 07, 2017 03:54 UTC