Online RTP Casino and Gambling in Vietnam

You can always enjoy Gambling at Online Casinos as a Vietnamese Player. There are multiple Overseas Online Casinos offering great deals to the Gamblers. Before you choose these Overseas Casinos, make sure they are Licensed to ensure the fairness of the games. Additionally, check out the software providers they offer, it’s always wise to go for reputed software providers like Pragmatic-play, NetEnt, Microgaming etc. Most of the Online Casinos usually host games from these providers.

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Online Betting in Vietnam

Gambling can be a very controversial topic in Vietnam. Though the activity has gained acceptance in certain sectors of the society, overall it is prohibited in the country. The activity is considered to be illegal in Vietnam, however the residents still manage to enjoy gambling by wagering on Online Foreign Casinos. Today, we are going to give you an overview of the situation regarding Online Gambling in Vietnam.

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History of Gambling in Vietnam

If we look back at the History of Gambling in Vietnam we can see that traditional forms of Gambling have always existed in Vietnam. These forms of Gambling include Southeastern traditional Sports like Cockfighting and other Blood Sports involving animals. These kinds of Gambling activities were widely accepted by the Vietnamese population. Additionally, during the Vietnamese New Year, the country used to participate in some cultural gambling activities like a traditional Dice game Bau Cua Ca Cop. This game is usually played at family gatherings to celebrate New Year.

What is the future of Gambling and Online Gambling in Vietnam?

Even though the country has an intense anti-Gambling law, that does not stop the players from enjoying their Favorite Slots Online. The country has always had a very mixed opinion when it comes to Gambling. There have been discussions amongst the political bodies regarding re-working on the Gambling laws to minimize the penalties. In 1999, lottery was made legal but till today the other form of Gambling is strictly prohibited.

Presently, Vietnam is fostering a structure to permit football betting. It aspires to gather revenue for the Online Sports Sector of the country and to diminish uncontrolled unlawful Betting.

In 2017, the public authority chose to permit Sports Wagering to local people as an experimental activity. However, the rules were too intense that the residents barely took part in it.

Considering the huge population of Vietnam and the rising popularity of Gambling activities, it can be said that the Gambling Industry of Vietnam has a huge potential only if the laws are modernized in future. The only thing that prevents the Gambling Industry from thriving are the strict laws set by the government.

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Legal Restrictions for The Vietnamese Online Gambling Market

Vietnam as a country has imposed strict rules and regulations for Gambling. Gambling activities other than Lottery are prohibited in the country. Even though Gambling activities are considered as harmful acts, it still hasn’t stopped the Gamblers from participating in the illegal Gambling activities. The Casinos in Vietnam are attached to luxurious hotels. However, you can only access the Casinos if you have a foreign passport. The residents may go to the neighboring lands to Enjoy Online Gambling activities but it’s not always convenient so the majority of the population rely on Online Gambling.

From the legal point of view, the authorities are mostly bothered with the illegal Gambling that takes place in the country. Most of the Gamblers in Vietnam Participate in Offshore Online Gambling by making an account with a Vietnamese address. These Online Casinos Sites accept USD for deposits but you can also make deposits in VND through local bank transfer.

Lottery is the only legitimate form of Gambling in Vietnam. Since 1999, Lottery has started to gain massive popularity amongst the locals in Vietnam. Now tickets are sold throughout the country by the vendors. Central Vietnam Lottery, Southern Lottery and the Northern Lottery, are the three significant functional Lotteries in Vietnam. Each of these lotteries have their own subdivisions.

The anti-gambling laws are very intense in the country. No matter on which site you gamble on or how little you spend on wagering, you can get severe penalties. In Vietnam, betting is considered to be as offensive as publishing content to a blog about legislative issues on the internet or spreading religious documents online. These offenses are dealt by a particular police division.

Genuine Offenses

As explained in article 248 of the constitution, the punishment ranges from 3 years to 7 years of imprisonment for anybody caught wagering (winning or losing 50 million dong or more). The punishment remains the same for anyone repeating the same offense or found guilty for being a Gambling Expert. In any case, in the article, individuals condemned under these genuine offenses can be fined between 3 to 30million dong.

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