This post is also available in: viTiếng Việt (Vietnamese)

Casinos in Vietnam

Casinos in Vietnam

Gambling in Vietnam is rampant despite it being an illegal activity. The number of Vietnamese people engaged in gambling has led to the government forming regulations to curb addiction, monitor gambling activities, and profit from it as well.

Is Gambling Legal in Vietnam? What is the Legal Age?

In general, gambling is illegal in Vietnam. However, some forms of betting in Vietnam are allowed. This includes lotteries, horse racing, greyhound racing, and international football. The country has more than 30 land-based casinos but the entrance to these are limited to foreign passport holders. Decree Number 3 allows locals aged 21 years old and over to enter the casinos. Other conditions mentioned in the regulation include a monthly income of more than 10 million dongs, no criminal record, and permission from the family. Locals are also required to pay 1 million dong admission fee good for 24 hours. Still in its testing phase, the regulation also allows citizens to enjoy entrance to a casino for three years only.

How Regulated is the Vietnamese Gambling Market?

Since the country only allows limited gambling activities, monopolies exist. The gambling industry of Vietnam rakes in money. it is a lucrative business necessitating government oversight and intervention. Casinos based in Vietnam are all privately owned but they are closely monitored by the government.

The limited number of wagering choices available to Vietnamese punters has led to a growing illegal gambling industry. It has become a big business over the years despite the harsh penalties awaiting those who are caught violating the law. Law enforcement often conducts raids of illegal casinos to crack down the gambling mafia. Violators, particularly the illegal operators and bookmakers, face serious sentences. They can face imprisonment ranging from two to seven years depending on the degree of involvement in the operations.

The Vietnam government is serious in regulating the gambling market that online gambling is regarded as an illegal activity as well. Those who run local online casinos are also charged with administrative cases. Online casino enthusiasts from Vietnam still enjoy online gaming sites by using VPNs so they can gain access. Still, it is still risky.

Vietnam is home to one national online lottery and 63 traditional lotteries that operate at the provinces. The government has already given seven casino licenses to build within resort complexes. Five-star hotels are also allowed to operate electronic machines.

What are the Best Online Gambling Sites and Promotions for Vietnam?

The safest route for Vietnamese gamblers to enjoy online casino is by accessing websites that are internationally licensed and regulated. In can be quite a struggle since many online betting sites do not accept players from Vietnam. The remaining websites accepting Vietnamese players offer valuable promotions and daily bonuses. Here is a list of the top gambling websites that accept players from Vietnam:

K8K8

Welcome Bonus: Live Dealer Game Sign-Up Bonus 128% up to 3,800,000 / Up to 1% refund bonus for long term players

K8

Get Your Bonus Now! Click Here.

Info: Online Casinos are a great way to have fun, but it would be better if you had live dealers to play with. It is a good thing that these casinos have a live casino feature for the live dealer games. K8, for example, has a wide selection of table games with live dealers like Sic Bo and Baccarat to give you a fun time. They also offer amazing bonuses so that players have more money to play with. So if you are looking for fun playing with live dealers visit online casino K8.

Fun88

Welcome Bonus:  Registration Bonus 100% up to 3,800,000 vnd / Sports Bet Bonus for Sport IM 100% up to 5,000,000 vnd

Fun88

Get Your Bonus Now! Click Here.

Info: Online casinos have become one of peoples go to online past time. One online casino that is trending in Asia is Fun88. This is one of the older online casinos founded back in 2009 by Welton holdings Ltd.  It is licensed by the Isle of Man, and has partnerships with premiere league teams Burnley FC and Totenham Hotspurs FC.

The site offers a variety of gaming activities like slots, live dealer games, and of course sports betting. These can be enjoyed by a lot of people especially since the online casino is compatible with Android, Apple, devices as well as PC through Windows.

Live Casino HouseLiveCasinoHouse

Welcome Bonus:  0.5% refund up to $3000 per week / Super Bonus 700%

LiveCasinoHouse

Get Your Bonus Now! Click Here.

Info: If you are looking for the best online casino live dealer experience, then you should go to Live Casino House. They give you not just a whole bunch of games from some fantastic providers. They also provide you with a whole lot of options like table color and dealers. Live dealer games are great as they give players the convenience of online casinos and the fun of live dealers. visit Live Casino House today for great live dealer games and fantastic bonuses.

138138bet

Welcome Bonus:  Registration Bonus up to 57,000,000 VND / Referral Bonus up to 138,000 VND per referral

138

Get Your Bonus Now! Click Here.

Info: When looking for fun things to do online, casinos are now a viable option. The problem is a number of casinos are either too messy or crowded to be properly enjoyed. That is not the case with online casino 138.  The site is well designed and looks very modern even if it was launched back in 2012.

The site has offerings for any gaming enthusiasts, sports bets, live dealer games, slots, and more. They teamed up with some great game providers like Microgaming, and Red Tiger for slots. Then There are Sun Bet, Asia Gaming, and Evolution Gaming for live dealer games.

LetouLetou

Welcome Bonus: 100% Welcome Bonus at slots up to 1,800 VND / Sport: instant 8% reload bonus up to 3,000 VND / 5% reload bonus for live dealers up to 1,888 VND

Letou

Get Your Bonus Now! Click Here.

Info: One of the fastest rising online casinos today Letou is a great site to visit to get your gaming fix. It is owned and operated by TGP Europe Ltd.  It is licensed by the Isle of Man Gambling Commission, and it was launched back in 2017.

It is a good-looking site that can be your go-to casino for sports bets they even have a partnership with Milan FC international. More than sports they also have a number of online gaming activities like slots games, live dealers, and even fishing games.

W88

Welcome Bonus:  Welcome Bonus 100% up to 4,000,000 VND / Sports Bets Bonus up to 24,800, VND / Casino Bonus up to 100,000,000 VND

W88

Get Your Bonus Now! Click Here.

Info: Launched back in 2013 W88 is an online casino owned by Marquee Holdings Ltd. The site is licensed to operate by the Cagayan Economic Zone Authority.  For the players they have a lot to offer, one thing, in particular, is the sports bets. For that, they make sure to give players a smooth UI experience. For the other games like slots and live dealers, they have partnered with Microgaming, NetEnt, Yggdrasil, Pragmatic Play, and much more.

FB88

Welcome Bonus:  Welcome Slots bonus 150% up to 2,888 VND / Sports Bets Bonus for 2019 AFC Asian Cup 1,288 VND / Daily reload bonus up to 1 Million VND

Get Your Bonus Now! Click Here.

Info: If you are looking for an online casino to play with for this 2019 Asian Cup then you should consider playing with FB88.  Owned by Young Royal Business Cooperation the site launched in 2016. Today it operates with a license from PAGCOR and is one of the best sites for your iGaming needs.

For its sportsbook, it offers a lot of sports and live matches for more betting opportunities. But, They also have other iGaming activities like slots games, Live dealers and fishing games. Plus, they have some great bonus offers for new players.

HappyLukeHappyLuke

Welcome Bonus:  up to 10% Daily Reload bonus up to 1,000,000 VND / Special casino bonus up to $100

HappyLuke

Get Your Bonus Now! Click Here.

Info: If you want to play at an online casino there are a lot of option out there. But, we suggest you try Happyluke. It is a casino that offers more than just video games, they have live dealers as well. On top of that, they have some great promotions to help you win more money. If you are looking for an online casino that has fun games, great providers, and better bonuses. They are the ones to choose from.

188bet188bet

Welcome Bonus:  100% Welcome Bonus up to 1.5 Million VND / Sports  Super Bonus up to 300 Million VND for Sports bets / Local Bank transfer Bonus 0.5% up to 100,000 VND

188bet

Get Your Bonus Now! Click Here.

Info: Established back I 2006 188Bet is an online casino with a lot of experience. It knows what the players want and how to give it to them. It is licensed to operate by Isle of Man Gambling. Plus, it has a fair number of great games from the likes of MicroGaming and Quickspin Games. More than that the site has a lot of other iGaming fun like the lottery, fantasy sports, and the promotions. Lastly, they have a sportsbook that allows players to wager on live matches across many different sports

Are Casino Winnings Taxable in Vietnam?

Yes, the government imposes taxes on casino winnings. Gambling profits are taxable at a rate o 10% for winnings that exceed 10 million dongs. Winners are required to report such winnings on their annual income tax if they are not immediately withheld at source.

What Currency and Payment Scheme Do Vietnamese Players Use When They Gamble?

The Vietnamese Dong is the country’s national currency and it is accepted as a payment method in most casinos. Some online websites accept this currency to attract more players from the country. Playing on sites accepting the local currency help players save by not paying foreign exchange fees and not worry about conversion rates.

Vietnamese players who play online find it easier to deposit money via their credit cards. Paying through e-wallets such as Skrill, Neteller, and EntroPay are also possible. E-wallets are gaining popularity due to its fast conversion time. Funds can become available within hours. Withdrawal can also be done through the mentioned options.

(Visited 94 times, 4 visits today)