In today’s time, gambling is popular worldwide and the demand for betting entertainment is rising at a rapid pace. Adding much to your surprise, it has been estimated that in the mid-2000s, Vietnam’s soccer betting market was around $1 billion in a year.
Gambling in Vietnam was so far strictly prohibited that the Vietnamese go overseas to gamble and this has badly affected the foreign currency causing a loss of around $800 million. There were just a few investors in Vietnam who were granted gambling licenses.
When in the online gambling market, then to make yourself eligible for cash prizes, it’s necessary to choose real money mode. The fast and easy online banking methods ease your way to deposit money.
The changing times have brought amazing gambling trends in Vietnam and nowadays, Vietnam’s online gambling market is growing faster. Seeing the interest of people in gambling, the government has taken many steps towards legalizing gambling in Vietnam.
Many new laws have been introduced by the government to help the local and foreign gamblers try their luck in gambling in their own country.
Though half of the population in Vietnam is indulged in this addictive support, still there are many rules imposed by the government. Only those who are 21 and more are allowed to gamble only if having a monthly income of at least VND10 million.
To expand in the gambling industry, the government has been putting efforts as a result in 2013 the biggest Vietnam’s casino project of US$4 billion was started named Ho Tram Strip Project.
For a better understanding of Vietnam’s gambling market, take a look at the infographic below:
Read our other article with infographic on the Indonesia online gambling market