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Last Updated: Tuesday, June 19, 2007 
 Global Sports Gambling Companies Eyeing out Vietnam

- Wednesday, 7 Jun 2006

Vietnam has recently announced that it is interested in legalizing sports gambling in the country. The announcement has made the international sports gambling companies jump into action in order to try and prove that their companies should be the model on which Vietnam should run its sports gambling activities. Several foreign sports gambling companies have made contact with the officials in Vietnam and some have already held top level meetings regarding cooperation.

Vietnam has said that it wishes to receive assistance from countries and companies which already have legalized and regulated sports gambling. Leaders of the sporting industry and government sporting sectors attended a meeting in Hanoi last week that featured a presentation by UK-based sports gambling operator Ladbrokes on cooperation and technical matters to organize legal gambling. It was reported that that Ladbrokes presented a professional system that left a positive impression of those who would decide regarding the future of sports gambling.

A few weeks ago, two other sports gambling operators S-Pool from Singapore and Vietnamese company SMS owned by Vietnamese Australian Nguyen Ngoc My attended meetings with Vietnamese leaders about cooperation in the sports gambling arena. The board in charge of compiling the framework for sports gambling will submit their final results on a cooperation project to ministries and the government for approval late this year.
 
 
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