Suncity Group Holdings Ltd. of Macau was one of the prime brands planning to set up a big hotel and casino along the coast of central Vietnam. Today, several casinos online in Vietnam offer the best bonuses and gaming options to the players. However, there are even government agencies that try their best to look for loopholes and crack down the whip at any time. There are, therefore, local Vietnamese who go to the off-shore or other neighbouring countries for their dose of gaming fun.
Value of the Gambling Market
Now let’s talk about how big the Vietnamese gaming market is, and you will be surprised that the locals love gambling online. One look at the revenue it brings to the country is a definitive conclusion in this regard. As per Vietnam’s Ministry of Finance, the country’s revenue from functioning casinos was around VND 2.5t or USD 107.4 million in 2019, and this was 60% higher than that of 2018. It speaks volumes of how many people are hooked on to gaming online.