New regulations on horse racing, dog racing and international football gambling business

The Ministry of Finance has issued Circular No. 101/2017/TT-BTC (“Circular 101”), effective from 1 December 2017, guiding some provisions of Decree No. 06/2017/ND-CP on horse racing, dog racing and international football gambling business (“Decree 06”). Accordingly, the establishment procedure as well as the tasks and powers of the Race Supervision Council have been specified.

Under Circular 101, before organizing of the gambling business, the enterprise will send a written proposal to the Department of Finance of the place where the racecourse is located to set up the Race Monitoring Council. Within fifteen (15) days from the date of receipt of the proposal from the enterprise, the Department of Finance will submit it to the Provincial People's Committee for issuance of an approval on the Decision to establish the Race Monitoring Council and its Operational Regulations.

Moreover, the tasks and powers of the Race Monitoring Council have also been specified. One of the notable powers is that the Race Supervision Council reserves the right to suspend the organization of a horse racing or dog racing event to report to competent authority on handling the violation according to the laws in the following cases:

- Starting equipment and cameras observing racehorses/race dogs on the finished line are not complete and do not guarantee the accuracy and honesty in organizing the race and determining the race results;

- Organizing horse/dog racing, that includes gamble which is not in time and at wrong place comparing to the announced time and place;

- Cheating in organizing the race;

- The server system and/or head-end equipment stop working consecutively for thirty (30) minutes during the sale of gamble tickets published in the Gamble Rules;

- The weather or surface of the racecourse is not in an appropriate status for organizing horse racing/dog racing; and

- The system does not stop issuing gamble tickets before the end of placing bets time as stipulated in Article 15.2 (a) of Decree 06.