How is soccer betting handled in terms of legal consequences?
According to legal experts, individuals engaged in soccer betting may face administrative or criminal penalties depending on the nature and severity of their involvement.
The highest penalty for participants or organizers of england soccer prediction can be up to 7 years in prison.
Nguyen Hoang, a legal expert from FDVN Law Firm in Da Nang City, highlighted the ongoing FIFA World Cup 2022 as a peak period for soccer betting activities.
Recently, just a few days into the World Cup, the Ministry of Public Security uncovered an online soccer betting ring worth nearly 30 trillion VND.
According to Nguyen Hoang, there have been cases of escalating debts, suicides, and other consequences resulting from soccer betting and gambling activities.
The debt incurred from soccer betting contributes to an increase in crimes such as theft, robbery, fraud, which have negative impacts on society.
Therefore, legal experts strongly advise individuals to refrain from participating in soccer betting and gambling activities altogether.
Regarding the legal consequences of soccer betting, Nguyen Hoang explained that it falls under the category of illegal gambling activities.
Individuals engaged in illegal gambling activities may face administrative or criminal penalties depending on the severity of their actions.
Remedial measures may also include the confiscation of illegally obtained profits.
Furthermore, individuals engaged in illegal gambling activities involving sums of money or assets valued at 5 million VND or more, or engaging in certain circumstances outlined in the law, may face criminal prosecution for gambling offenses.
Depending on the severity of the offense, penalties may range from fines of 20 million to 100 million VND, non-custodial rehabilitation of up to 3 years, or imprisonment from 6 months to 3 years.
Moreover, individuals involved in gambling or betting activities may face imprisonment ranging from 3 to 7 years in certain circumstances, such as engaging in professional gambling, using the internet or electronic means to commit offenses, or repeat offenses.
In addition, offenders may also face fines ranging from 10 million to 50 million VND.
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