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Vietnam Online Casinos

VietnamSituated on the Indochina Peninsula in Southeast Asia, the Socialist Republic of Vietnam has existed as a single unified country since 1975. More than 91 million people now call the nation home, and while it was once a purely communist nation, a series of economic and political reforms in recent decades have turned it into one of the world’s fastest growing economies – though it is still ruled by a single-party socialist government.

For many years, all gambling in Vietnam was essentially banned. However, that stance has softened over the years in line with many other reforms that have loosened the government’s grip over day-to-day life in the country. While gaming is still a highly regulated activity, there are some ways to place bets, and foreigners can even visit to play in casinos. Meanwhile, there are many online casinos in Vietnam that operate freely in the nation despite the government’s efforts to block access to the sites.

Online Gambling in Vietnam

While attitudes may have changed somewhat when it comes to certain forms of gambling, the government still offers very little in the way of comfort for those who would like to play casino games online in Vietnam. There is absolutely no licensing system in place for Internet gambling sites here, and either running or playing on such sites is considered to be illegal. The government has made efforts at blocking such sites, and there are strict penalties that can be imposed on those who place bets illegally – though these are rarely enforced.

But despite these policies that make life hard for operators, many online gambling sites accept Vietnam residents. These foreign sites include games by some of the best developers in the business, including more than a few that are well-known throughout the world for providing fair, fun experiences for players. A few of the more prominent and trustworthy developers you’ll see represented here are:

  • Microgaming
  • Playtech
  • Betsoft
  • NetEnt
  • Topgame

The sites below are the best sites for betting online in Vietnam, support local currency and even provide support in Vietnamese, English and a host of other languages.

Top Casino Sites in Vietnam 2017

  • Rank
  • Casino
  • Bonus
  • Play
1
100% UP TO 4,725 VND
2
100% UP TO $1000
3
100% UP TO £50

Top Casino Sites in Vietnam 2017

1
Dafabet Casino
100% UP TO 4,725 VND
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2
Spin Palace Casino
100% UP TO $1000
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3
188Bet Casino
100% UP TO £50
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Government Hopes Foreigner-Only Resorts Can Provide Revenue

After unification following the end of the Vietnam War, gambling wasn’t exactly looked upon kindly by authorities here. Starting in 1948 and lasting throughout the 1980s, communist leaders insisted on a ban on the practice, viewing it as a purely capitalist pursuit that offered far more harm than good for society.

Over the years, however, attitudes softened. This is likely due to the fact that illegal gambling was commonplace in the country, a situation that still exists today. With so much money being gambled illegally, it seemed to make sense for officials to collect at least some of that revenue, and over time, some limited forms of betting were approved.

For instance, there is a state-run lottery system that offers several regular drawings. Parimutuel wagering also made a comeback, with horse racing becoming quite popular in Ho Chi Minh City and greyhound races flourishing elsewhere.

But perhaps the biggest change in the nation’s gambling culture came in 2003, when the government began to offer licenses for resort-style casinos. This was a major step for the nation, but it didn’t come without a catch: the new casinos would only be open to foreign visitors, or anyone else who could produce a passport from somewhere other than Vietnam itself.

Today, there are at least eight casinos operating in the country, each of which bars local gamblers from entering. The largest, the Ho Tram Resort, is a full-scale integrated resort that features restaurants, a luxury hotel, golfing and other amenities, and has also hosted major poker tournaments such as events on the Asian Poker Tour.

But the restrictions on Vietnamese individuals have hardly stopped locals from finding ways to gamble. Many travel to neighboring Cambodia or to other Asian gaming havens, such as Macau, in order to place their bets. And still others engage in illegal gambling activities in the country: a practice that is extremely widespread despite governmental efforts to stop it.

The Vietnamese people gamble in a variety of ways, some traditional and some that are popular throughout the world. Cockfighting has long been popular here, as are contests between Siamese fighting fish that take place in small glass jars. Betting on soccer is also a major (if unauthorized) industry, with some estimates suggesting that $1 billion a year or more is bet on football matches.

More Liberalization in the Cards?

Despite the fact that Vietnam’s resorts appear to be doing well, the overall size of the casino industry here is still rather small. According to some estimates, the lack of revenue is particularly notable when compared to the country’s neighbors: figures from 2014, for instance, suggested that the nation was bringing in just 3% of the casino revenue that Cambodia’s industry produced.

While that might seem like a depressing figure, it also suggests that there is plenty of room for growth, and the government has experimented with ideas that could help expand the size of their gaming industry. For instance, there have been talks about possibly allowing locals who met minimum income or wealth standards in some or all of the gaming venues in the country. The concept was first given a trial period in 2013, and though the entry requirements are too steep for most locals to meet, they offer the possibility to keep high rollers in the area – a potentially lucrative move, since these gamblers now have to go to other nations to spend their cash at resorts.

There’s also the potential for sports betting in Vietnam to be legalized. The topic has been bandied about in the national legislature for nearly two decades, and in more recent years, there has been a move towards legislation that would allow at least a limited amount of bookmaking. However, progress has been very slow, and fraught with debates over the amount individuals should be allowed to bet and exactly what kinds of wagers will be offered.

While all of these moves are positive steps for bettors in this gambling-loving nation, they will do little to help those who want to play similar games over the Internet. Given the government’s reluctance to allow any form of gaming that they can’t strictly control, it’s likely that regulated Vietnamese casino sites are still a long way off here – though if liberalization of the market continues in general, anything could be possible in the future.

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