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Vietnam

The Vietnamese market continues to open new prospects for novice operators.

Do not miss your chance to open a bookmaker business here and make good profits.

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Benefits of Opening a sports betting business in Vietnam

Absence of restrictions

Free operation of international projects will let you provide services without violating local laws

Offshore permits

Start a legal bookmaker business in Vietnam by obtaining a gambling licence in an offshore jurisdiction

Young age of gamers

Attract a young, active audience that follows technological innovations and the world of sports betting

Popularity of betting

Vietnamese users participate in various gambling activities — take advantage of this peculiarity

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How to Buy a Casino in Vietnam and Maximise Your Profits?

1. Expected Changes in Online Gambling Vietnamese Laws

  1.1. The Evolution of the Land-Based Sector

  1.2. The Situation in Virtual Space

2. How to Start Developing Your Bookmaker Business in Vietnam?

  2.1. The Creation of a Stylish and Up-To-Date Gaming Portal

3. Reasons to Order a Turnkey Online Casino in Vietnam

4. The Main Things about the Benefits of the Target Market

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.

Casino and bookmaker business in Vietnam

Order a ready-made gambling project from our team to enter the local market successfully.

Expected Changes in Online Gambling Vietnamese Laws

The strict laws of this socialist state are gradually being relaxed, providing more opportunities for representatives of the bookmaker business in Vietnam.

The Evolution of the Land-Based Sector

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 Situation in Virtual Space

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.

How to Start Developing Your Bookmaker Business in Vietnam?

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:

  1. 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.
  2. Studying the requirements of the regular body. Find out which documents you need to provide and what conditions your start-up must meet.
  3. Collecting documentation. Prepare the necessary papers. We recommend you enlist the support of experts at this critical stage.
  4. 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.

The Creation of a Stylish and Up-To-Date Gaming Portal

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.

Reasons to Order a Turnkey Online Casino in Vietnam

Turnkey online casino in Vietnam: advantages

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

The Main Things about the Benefits of the Target Market

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.

Start cooperation with real professionals:

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