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The Latest in vietnam
Legal
August 11, 2022
Vietnam Battling Illegal Sports Betting, Calls for Full Legalization Resurface
During a Q&A part of the 14th session of 15th National Assembly Standing Committee, the Minister of Public Security was asked about the state of sports betting within the country. His answers mostly boiled down to lack of regulatory bodies and compliant businesses to operate legally within the industry, which is currently entirely underground and […]
Casino
July 18, 2022
Fun88 Launches a Casino and Sports Betting Platform in Vietnam
Fun88 has successfully launched in Vietnam after it updated the link to its fun88zone.net website from its Philippine server. With this development, Vietnamese players will be able to enjoy all of Fun88’s services, which include both casino and sportsbook offerings. The App Is Free to Download and Has Multi-Language Support The app, which will feature […]
Casino
July 7, 2022
Vietnam May Extend Casino Trial Period by Two Years
Vietnam’s Ministry of Finance requested the extension of the country’s pilot casino program, a VietnamNet report has it. The report also claims that the Ministry requested adding two more casinos to the program. The Ministry Reportedly Submitted an Official Request Vietnam launched its three-year trial in 2019, temporarily allowing locals to play games of chance. […]
Industry
June 6, 2022
Illegal Wagering on FX Movements Busted by Hanoi Police
Police in Hanoi busted an illegal gambling ring accepting bets on movements in the foreign exchange (FX) market and arrested the man who ran it, according to the report from the Ministry of Public Security last week. Wealth and Luxury Lifestyle The organizer of the gambling ring, 38-year-old Dao Minh Sang, set up three online […]
Casino
May 19, 2022
Vietnam to Consider Adding Casinos to Five-Star Hotels
Vietnam may be exploring new ways to boost its tourism industry and recover from the COVID-19 pandemic. One of those is the addition of casinos at five-star hotels in Ho Chi Minh City, as proposed by the People’s Committee of Vietnam. Local activists and lawmakers have already pitched the idea to the National Assembly and […]
Casino
May 16, 2022
Vietnam Becomes Latest SEA Nation to Remove COVID-19 Restrictions
Vietnam has become the latest Asian country to ease up on its COVID-19 measures in a bid to bring in international travelers and restart its land-based gambling industry. The country is now dismantling its border restrictions introduced due to the pandemic and will seek to court travelers, tourists, and gamblers back. Vietnam Removes COVID-19 Restrictions […]
Casino
March 7, 2022
Vietnam to Include Two More Resorts in Local Gambling Plans
Asian countries generally take a dim view of gambling when it involves their own citizens playing games of chance. However, attitudes may be changing slightly as the global pandemic has bitten in tourism revenue and new sources of income are sorely needed. As a result, Vietnam’s Ministry of Finance has suggested that its pilot program […]
Casino
February 28, 2022
Ex Galaxy Executive Jit Ng Appointed as Hoiana’s Chief Marketing Officer
Galaxy Entertainment Group’s former executive Jit Ng has been appointed as Hoiana’s new chief marketing officer (CMO). His main responsibility will be to help the resort drive more growth in the upcoming years, under the supervision of the company’s president and chief executive officer. $4 Billion Development Plans for Hoiana Resort Reuniting state-of-the-art accommodation with […]
Business
December 9, 2021
Vietnamese Online Gaming Brand Looks to Raise Cash, Launch US IPO
VNG Corp., a rapidly-growing Vietnamese online casino operator, seeks to raise as much as $300 million in investments. It is also reportedly eyeing a public launch of its shares on a US stock exchange. VNG Finds Rapid Growth Recently, reports surfaced that VNG is seeking to raise $200m to $300 million from GIC Pte., Singapore’s […]
Blockchain
December 6, 2021
Vietnam Takes Down $3.8B Crypto Gambling Ring
Vietnamese police authorities have busted a crypto gambling ring estimated at $3.8 billion based on the amount of gamblers’ money contributed. The news comes from Bloomberg, citing a report by state-owned broadcaster VTV. According to the report, this is one of the largest underhand crypto gambling operations discovered in the country, with a total of 59 suspects arrested. Arrests […]