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Gambling-mad Vietnamese put their houses on Euro 2016 – Bangkok Post

HANOI – Football and a flutter go hand-in-hand in Vietnam making Euro 2016 a golden opportunity for fans to enjoy two national obsessions, even for those who have already bet their houses on the beautiful game — and lost.

Men watch a live broadcast of Euro2016 in downtown Hanoi.

Each major football championship is followed by a slew of reports of big wins, losses and suicides that fixate a nation with a particularly deep love for gambling, even though it is outlawed.

Speaking at a small cafe in Hanoi, Nguyen The Hoang recounts an astonishing gambling run during the last European Championship in 2012 that ended up wiping out his fortune.

“Football betting cost me almost half a million dollars,” the 58-year-old…

Read the full article at: http://www.bangkokpost.com/news/asean/1017893/gambling-mad-vietnamese-put-their-houses-on-euro-2016

Category: GamblingBy Insolvency GuardianJune 23, 2016

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Gambling-mad Vietnamese put their houses on Euro 2016 – Bangkok Post

HANOI – Football and a flutter go hand-in-hand in Vietnam making Euro 2016 a golden opportunity for fans to enjoy two national obsessions, even for those who have already bet their houses on the beautiful game — and lost.

Men watch a live broadcast of Euro2016 in downtown Hanoi.

Each major football championship is followed by a slew of reports of big wins, losses and suicides that fixate a nation with a particularly deep love for gambling, even though it is outlawed.

Speaking at a small cafe in Hanoi, Nguyen The Hoang recounts an astonishing gambling run during the last European Championship in 2012 that ended up wiping out his fortune.

“Football betting cost me almost half a million dollars,” the 58-year-old…

Read the full article at: http://www.bangkokpost.com/news/sports/1017893/gambling-mad-vietnamese-put-their-houses-on-euro-2016

Category: GamblingBy Insolvency GuardianJune 23, 2016

Post navigation

PreviousPrevious post:Liquidators called in on Taranaki’s Mike’s Organic Brewery – Stuff.co.nzNextNext post:New Step in SoLocal Group Debt Restructuring – Business Wire (press release)

Related Posts

Court wipes punter's $150,000 debt – Racenet
July 15, 2024
Woman sells her two daughters to people traffickers to cover gambling debts – Yahoo News Australia
July 13, 2024
Banned NBA player Jontay Porter admits to $1million gambling scheme and pleads guilty to federal fraud charges – Daily Mail
July 10, 2024
Ex-NBA player Jontay Porter admits to gambling scheme that earned shady bettors $1M – New York Post
July 10, 2024
Ex-Raptors player Jontay Porter pleads guilty in case tied to gambling scandal – CBC Sports
July 10, 2024
Intermediate-aged boy's $16k online gambling debt – Otago Daily Times
July 8, 2024
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