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Gambling News - 'Vietnam'
Industry
October 16, 2024
Vietnam: $70M Illegal Gambling Ring Results in Dozen Arrests
Gambling remains prohibited in many countries across Asia and while in some jurisdictions it is completely banned, others permit it under strict rules. Despite the tough laws that in some cases carry lengthy prison sentences, illegal gambling remains a challenge for countries in the region. Police Seize Cash, Electronic Devices and Jewelry In one operation […]
Industry
September 25, 2024
Man Digs up Family Member’s Grave, Seeks Ransom to Cover Gambling Debt
Many people affected by problem gambling may resort to unlawful activities. Pushed by a crippling addiction, gamblers can consider stealing, engaging in fraudulent actions or even shooting a coworker over an unpaid gambling debt. In a recent shocking case from Vietnam, one man thought that it was a good idea to extort his relatives by […]
Industry
March 5, 2024
Vietnam Decree Says Betting Investors Would Need to Comply with Bidding Law
As Vietnam seeks to expand its wagering industry, the government said that operators wishing to offer legal betting on soccer events would need to take part in a bidding process. According to Hanoi Times, the process would determine whether these companies would secure a license. The Vietnamese news outlet said that the new measure is […]
Casino
November 27, 2023
Vietnam Proposes $2.2B Integrated Resort and Casino Complex in Van Don
Vietnam’s Ministry of Planning and Investment has put forth an ambitious plan for a $2.2 billion integrated resort and casino in the Van Don Special Economic Zone, nestled in the Quang Ninh Province. Vietnam’s Mega Casino Resort Project Nears Approval The project, set to be completed by the third quarter of 2032 if approved, is […]
Casino
July 24, 2023
Hong Kong Billionaire Cheng Family Takes Control of Vietnam Casino Resort
In a significant development in the world of Asian gaming, the billionaire Cheng family from Hong Kong has officially taken over the management of the Hoiana casino resort in Vietnam. The resort, located near the vibrant Vietnamese port city of Da Nang, was formerly operated by the Suncity Group, a business empire led by the […]
Casino
May 31, 2023
Velvix Sets Sights on Asian Market with Vietnam and Philippines
The company has teamed up with Jade Gaming, a company operating out of the Philippines. This deal is now part of Velvix’s overall strategy to grow its presence in the country’s market, but also expand to Vietnam. Velvix Determined to Grow Footprint in Asia Velvix is seeing the two countries as an important part of […]
Poker
May 10, 2023
ACR Releases High Stakes Adventure: Vietnam Documentary
Americas Cardroom (ACR) has announced the release of a new documentary following the journey of several poker professionals who competed in the recent Triton Super High Roller Series in Vietnam. The documentary is called A $100,000 Journey to Becoming a Poker Champion and is a 60-minute film about the March event. The film focuses on […]
Industry
March 20, 2023
Facebook Gambling and Adult Ads Flood Vietnam
There are currently strict gambling laws in effect in Vietnam. Aside from eight casinos available for foreign visitors, gambling activities are illegal and this has been the case for many years. Keeping in mind the strict regulation of gambling, advertising such activities is currently illegal. In addition, online gambling is also outlawed. Despite the tough […]
Poker
January 23, 2023
Americas Cardroom: Four Packages to Vietnam High Roller Event
Popular online poker operator Americas Cardroom (ACR) is offering its players a chance to win a poker experience of a lifetime this February. “Epic” Opportunity Not to Be Missed ACR announced it would be running two satellites next month which will provide four full poker vacation packages for a Super High Roller Series in Vietnam […]
Legal
November 23, 2022
Vietnam Broke up a $1.2 Billion Betting Ring
After two days spent tracking, on Tuesday the Vietnamese Criminal Police Department (C02) along with professional units of the Ministry of Public Security, the Public Security Department of Ho Chi Minh City, and Dong Nai Province, raided 15 locations in Ho Chi Minh City and Dong Nai Province. Fourteen individuals were arrested and will be […]