Vietnam Expands Pilot Program for Online Sports Betting

    Vietnam has expanded its pilot program for online sports betting, allowing more operators to participate under a tightly controlled framework. The program, which was launched in 2019, aims to curb illegal gambling and generate additional tax revenue for the government.

    Participants in the pilot must adhere to strict rules, including limits on bet sizes and age restrictions. Early reports suggest that the program has been successful in reducing illegal betting activity, but critics argue that the limits are too restrictive to compete with unregulated platforms.

    The government is considering a full-scale rollout of legal online sports betting, which could open the door to further liberalization of Vietnam’s gambling laws.