In the past three years, the gambling business in Vietnam has been undergoing major changes. It becomes open to both operators and users today. Explore the benefits of starting a casino business in Vietnam with Bett-Market in more detail.
Order a ready-made gambling project from our team to enter the local market successfully.
The strict laws of this socialist state are gradually being relaxed, providing more opportunities for representatives of the bookmaker business in Vietnam.
The gambling business in Vietnam has existed for a long time. However, starting in 2017, the government began to introduce major changes to the gaming industry.
Previously, gambling activities were allowed only to foreigners. The local tourism sector brings great profits. Therefore, the authorities decided to take the chance to get good money with the help of land-based casinos, slot machine halls and totalizers.
Nonetheless, Vietnamese citizens were prohibited from participating in almost all types of entertainments:
visiting land-based casinos, betshops, gaming clubs, etc.
using the services of Vietnamese internet casinos;
organising gambling activities within the country.
In 2017, a decision to provide access to gaming establishments to residents was made. A prerequisite is the player's income level — at least $440 per month. These changes made a positive impact on the development of the state’s economy.
According to the latest report from the Ministry of Finance, the gambling industry’s profits grew 60 per cent in 2019 compared to 2018. The offline field generated $108 million in revenue. These numbers are impressive.
The land-based sector is showing incredibly strong performance. Nevertheless, online business is in high demand among the population. People prefer to visit virtual establishments due to the lack of restrictions.
Place of residence, income, age and other parameters do not matter. In addition, online gambling allowed players to visit their favourite resources at any time of the day.
Unfortunately, the virtual segment is not yet legalised in Vietnam. However, the authorities do not want to lose huge sums. There is a vigorous debate over the issue of legitimising the online industry and making the appropriate changes to the online gambling Vietnamese laws.
It is expected that entrepreneurs will be able to register their projects in Vietnam very soon. Today, all businessmen working in the online space use offshore licences.
The first thing a novice operator should perform is familiarisation with the specifics of the region and target audience. It will help you figure out which direction to go. Another critical step is obtaining a permission document.
This procedure consists of several stages:
Choosing a jurisdiction. To launch a betting site or open a casino in Vietnam, you need to choose an offshore zone with the best licensing and taxation conditions.
Studying the requirements of the regular body. Find out which documents you need to provide and what conditions your start-up must meet.
Collecting documentation. Prepare the necessary papers. We recommend you enlist the support of experts at this critical stage.
Applying for a permit. Pay the cost of the licence and deliver the package of documents to the representatives of the regulatory authority. As a rule, applications are reviewed from 1 to 6 months.
After solving legal issues, you need to start selecting gaming and betting software in Vietnam. Many products are presented on the market. It is essential not to make a mistake and choose worthy entertainment content.
The following criteria play an important role here:
the image of a supplier of casino software in Vietnam;
the relevance of themes;
the originality of plots;
the set of bonus features;
the convenience of the interface;
the simplicity of installing and configuring programs;
the presence of certificates confirming the honesty of results.
In addition to purchasing high-quality casino software in Vietnam, it is also crucial to create a user-friendly and attractive website. The interface of your gaming resource should be simple and understandable.
Buying a casino in Vietnam on your own is a rather responsible task. Serious mistakes can result in the loss of your precious time and large amounts of money. If you want to protect yourself from potential risks, order the development of a turnkey online casino in Vietnam.
This service is in demand among entrepreneurs due to the following advantages:
Following the interests of the audience
Experienced developers are familiar with the interests of different target audiences of Vietnamese players.
They will offer you the most effective methods of promoting your gambling project
Working within online gambling Vietnamese laws
Employees of an intermediary company will assist you in obtaining a permit.
Besides, the professional team will help you organise your activities properly, without violating local legal regulations
Collaborating with the best suppliers
Get access to gaming content from well-known such manufacturers as Maxbet, Xbet, 888sport, SBOBet, BetNow, and others
Implementing advanced technological solutions
The catalogues of reputable companies include innovative content.
It will let you recreate the atmosphere of real casinos (VR and AR games, live casinos)
Fast payback of start-ups
You may get your first profit in just three months. Everything depends on the effectiveness of applied marketing tools
Simplified entry into the international market
You do not have to create a new website and establish contacts with foreign partners to start working abroad.
Any turnkey project can be easily adapted to the requirements of other markets
Connecting fast and safe financial instruments
Let your clients use cryptocurrencies, modern electronic wallets and payment systems to get complete anonymity, high level of protection and avoid commission payments
Renting stable servers
Reliable hosting services will ensure the smooth functioning of your website and gaming software
Many entrepreneurs who want to get worthy profits and recognition from a solvent audience decide to buy casinos in Vietnam.
The conditions and opportunities of this market are ideal for launching start-ups:
constant positive changes in gambling legislation;
large selection of gaming software from reputable manufacturers;
high lucrativeness of the gambling industry;
the possibility to order the development of a turnkey bookmaker website or casino.
If you are interested in this advantageous market and wish to know more about its specifics, choose a convenient communication channel and contact our managers.
The Bett-Market company has extensive experience in the implementation of entertainment projects in the Vietnamese gambling industry.
Our experts are engaged in the development of turnkey online casinos in Vietnam from scratch. We provide such services as website creation, the selection of gambling program solutions, the connection of payment tools, the promotion of online casinos and betting portals, etc.
Check the information used to contact us carefully. It is necessary for your safety.
Fraudsters can use contacts that look like ours to scam customers. Therefore, we ask you to enter only the addresses that are indicated on our official website.
Be careful! Our team is not responsible for the activities of persons using similar contact details.
Fields with the * symbol (including captcha and the user agreement) are required.
The data was sent successfully.
Thanks for your application. We will get in touch with you shortly.
Close
An error occurred
Failed to send the message. Refresh the page and try again.
Refresh the page
If the download does not start automatically, copy the link:
Bett-Market-Presentation
Copy link
Copied!
processing
Fields with the * symbol (including captcha and the user agreement) are required
Attention!
Check the information used to contact us carefully. It is necessary for your safety.
Fraudsters can use contacts that look like ours to scam customers. Therefore, we ask you to enter only the addresses that are indicated on our official website.
Be careful! Our team is not responsible for the activities of persons using similar contact details.
ОК
The data was sent successfully.
Thanks for your application. We will get in touch with you shortly.
Close
An error occurred
Failed to send the message. Refresh the page and try again.
Refresh the page
processing
Enter your Telegram login
This is your Telegram username that starts with “@”.
Fields with the * symbol (including captcha and the User Agreement) are required
If the application does not automatically open, use direct link to our channel.
Share with others
Buy a Casino in Vietnam | Open a Bookmaker Business
