Chelsea Wins Champions Cup, While Vietnam is Looking to Add Premier League to Trial Program

Betting on Premier League for the season has ended after Chelse added its second Champion League title by vanquishing Manchester City’s bid to win its first. The final blow was delivered by Kai Havertz in a match where Guardiola’s team became more frenzied, after a head injury took out their playmaker, Kevin De Bruyne in the second half.

De Bruyne suffered from a broken nose and from a fractured eye socket when he clashed and collided with Chelsea’s Antonio Rudiger. The injury prematurely ended the City playmaker’s outing in the 56th minute of the all-Premier League Champions Cup bout. At that point, many of Man City’s fans appeared ready to concede since Guardiola’s team struggled to make a move, much less prevent Chelsea from winning. The championship match ended with a 0-1 score.

Vietnam’s Authority for Legal Sports Betting is Looking to Add Premier League to 5-year Pilot Program

In Southeast Asia, Vietnam’s 5-year trial period for legal sports betting is still ongoing, but legalizing only wagering activities on organized football matches, as well as on horse and greyhound races.

Betting on international football tournaments is allowed but currently restricted to competitions organized by local and international football association FIFA.

Reports have it that the Vietnamese government is contemplating on expanding Vietnam’s football betting market by adding England’s Premier League football tournaments. Apparently because FIFA events take place at an interval of every 2 or 4 years.

Vietnam Has Yet to Have a Licensed SportBook Operating in the Country

The Vietnamese government seems to be relaxing its conditions. The Ministry of Finance has also voiced considerations in allowing gamblers to use digital wallets and debit cards, which as of the moment is restricted to bank transfers. It seems that the forthcoming changes are reasons why up to now, Vietnam is yet to have a sportsbook operator licensed by the Ministry of Finance.

However, inasmuch as the charter capital required for a limited liability or jointly owned corporation is set at a minimum of VND 1 trillion ($43.3 million), certain aspects of the regulated bookmaking operations pose concerns over the viability of a sportsbook business that has limited opportunity to recoup capital investments.

Only about a year and a half remaining, the government is apparently easing down some of the restrictions imposed on those who will venture to operate a Vietnam-based sports betting business.
Besides, even if offshore-based online gambling sites have been blocked to make them inaccessible to Vietnamese sports bettors, this no longer poses as a barrier for Vietnamese gamblers. The advent of smartphones and mobile gambling apps, in combination with the advanced communication technology known as Virtual Private Network (VPN), has made mobile gambling possible and untraceable in the public Internet network.

Vietnamese are known as avid gamblers and at the same time football enthusiasts. Despite the absence of a legal local betting site, betting predictions are being published for local football clubs currently competing in the Vietnam V League 1 tournament.

Many popular online sportsbook website publishes content in Vietnamese language, which is probably due to the fact that majority of Vietnam’s residents ( 85% – 90%) are ethnically Vietnamese. By the way, Vwin’s reputation is enhanced by the fact that it is the Asian betting partner of italy’s A.C. Milan Serie A, while holding a n online gambling license issued by the Philippine Amusement and Gaming Corp (PAGCOR).