Arrests in Vietnam after crackdown on sports betting
- By: Staff Writer
- June 25, 2018
- LikeUnlikeLike
- 2716 Views
The Vietnam government claims to have arrested four individuals for their participation as part of an online gambling ring.
According to ChannelNewsAsia out of Hanoi, the capital of Vietnam, the gambling was related to World Cup football and the cash flow associated with the gambling ring was lucrative. The news source stated that “Vietnamese police broke up an online football gambling ring worth around US$26 million”.
Where gambling is starting to become increasingly legal in the United States, the arrests are a reminder that the practice of online gambling remains illegal in other parts of the world. Those that are convicted of participating in illegal forms of online gambling while in Vietnam may face 10 years in prison.
It’s believed that major sporting events play a role in illegal betting. Accordingly, the World Cup is currently running and the matches are getting to the high-drama points. Football is one of the most popular sports in Vietnam, along with badminton, Aussie-rules football, cricket, tennis, and rugby.
An irony of the arrests in Vietnam is that they come at a time where the country was seemingly preparing to relax sports-betting restrictions. Just two weeks ago the Vietnamese government passed a bill on sports betting, according to Asian News website Zing. This news seemed to parallel a relaxed attitude toward sports gambling on the other side of the Pacific Ocean, where the USA is seeing a surge in legalization.
However, this updated law in Vietnam would require that bets be made through a government-authorized source and the currency would be the Vietnamese Dong. Those that facilitated the online betting that lead to the recent arrests did so in conjunction with a website based out of the Philippines.
Furthermore, the changed law was meant to go into effect in July.
What penalties those that were arrested will face is unclear at this time.
You may also like
Join the Betting Planet team!
Are you passionate about sports betting? Sports news writers required TODAY!
Experienced preferred but not essential. (All apps considered).
View Careers at Race MediaTop Online Casinos
Latest Betting News
- NFL Sunday Week 16 preview & top picks | December 22, 2024
- Tien, Fonseca to contest Next Gen ATP Finals title
- Learner Tien upsets Arthur Fils to reach Next Gen ATP Semi-Finals
- EPL Matchweek 17 betting picks & odds | Premier League 2024-25
- La Liga betting tips, prop picks & best odds | Matchday 18
- NFL Saturday Week 16 preview & top picks | December 21, 2024
- Spurs beat Man United 4-3 to reach EFL Cup semi-finals
- Fury and Usyk share 11-minute staredown ahead of rematch
- Ashwin eager to play on in IPL despite international retirement
- EPL: Wolves appoint Vitor Pereira to replace Gary O’Neil
Casino Guides
- Safest online casino jurisdictions
- How to guides
- How to win at pokies
- How to play online pokies
- PaysafeCard online casino deposits
- MasterCard Online Casinos
- Online Casinos Accepting POLi
- 32Red Casino Review
- All Slots Casino Review
- Boombet Casino review
- Horse racing games at casinos
- Credit card deposits at online casinos
- Films about blackjack
- Live dealer casinos
- How to play live dealer blackjack party
- Online Blackjack
- Top online casinos 2024
- Online casino deposits
- MasterCard Online Casinos
- Online Casinos Accepting POLi
- PaysafeCard online casino deposits
- Online slots
- Playing Pai Gow Poker on the Internet
- Online keno
- Online poker
- Online poker tournament structures
- Real money online roulette 2024
- Online multi-wheel roulette – what is it?
- How to play online scratch cards in 2024
- Sit & Go online poker tournaments
- Skrill e-wallet deposits at online casinos
- Visa online casino deposits
Sports Betting Guides
Casino Games
Deposits & Withdrawals
Football
Basketball
Top Country Betting sites
- Angola
- Antigua and Barbuda
- Armenia
- Australia
- Azerbaijan
- Bahamas
- Barbados
- Belize
- Brazil
- Canada
- Dominican Republic
- Germany
- Ghana
- Grenada
- India
- Indonesia
- Italy
- Kenya
- Malaysia
- Malta
- Ireland
- Netherlands
- New Zealand
- Nigeria
- Norway
- Philippines
- Singapore
- South Africa
- Turkey
- Uganda
- Ukraine
- United Kingdom
- Vietnam
- Zambia
- Zimbabwe