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Industry
March 17, 2025
Vietnamese Siblings Arrested in Massive Gambling Ring
Fraud and scams are not uncommon, especially in the digital age. The popularity of social media and easy access to the internet enable bad actors to easily engage with victims across the globe, putting their finances and personal information at risk. In one recent crypto investment scheme, four siblings are facing allegations for their involvement […]
Legal
January 27, 2025
Vietnam Busts Mobster-Led Sports Betting Ring
Vietnam has scored a major victory against illegal gambling as authorities cracked down on a major illegal sports betting ring shortly after the busting of a huge money laundering operation. Both generated millions of dollars in profit and had a substantial presence in the region. The Betting Operation Generated Millions of Dollars in Revenue According […]
Legal
January 20, 2025
Vietnamese Man Murdered, Dumped into River over Gambling Debt
Vietnam’s struggles with illegal gambling continued as authorities identified the body of a man believed to have been murdered over a gambling debt. The authorities have since arrested several men in relation to the incident. The Man Took a Loan from a Shady Group The body of a man identified as “Hoan” was discovered on […]
Industry
October 16, 2024
Vietnam: $70M Illegal Gambling Ring Results in Dozen Arrests
Gambling remains prohibited in many countries across Asia and while in some jurisdictions it is completely banned, others permit it under strict rules. Despite the tough laws that in some cases carry lengthy prison sentences, illegal gambling remains a challenge for countries in the region. Police Seize Cash, Electronic Devices and Jewelry In one operation […]
Industry
September 25, 2024
Man Digs up Family Member’s Grave, Seeks Ransom to Cover Gambling Debt
Many people affected by problem gambling may resort to unlawful activities. Pushed by a crippling addiction, gamblers can consider stealing, engaging in fraudulent actions or even shooting a coworker over an unpaid gambling debt. In a recent shocking case from Vietnam, one man thought that it was a good idea to extort his relatives by […]
Industry
March 5, 2024
Vietnam Decree Says Betting Investors Would Need to Comply with Bidding Law
As Vietnam seeks to expand its wagering industry, the government said that operators wishing to offer legal betting on soccer events would need to take part in a bidding process. According to Hanoi Times, the process would determine whether these companies would secure a license. The Vietnamese news outlet said that the new measure is […]
Casino
November 27, 2023
Vietnam Proposes $2.2B Integrated Resort and Casino Complex in Van Don
Vietnam’s Ministry of Planning and Investment has put forth an ambitious plan for a $2.2 billion integrated resort and casino in the Van Don Special Economic Zone, nestled in the Quang Ninh Province. Vietnam’s Mega Casino Resort Project Nears Approval The project, set to be completed by the third quarter of 2032 if approved, is […]
Casino
July 24, 2023
Hong Kong Billionaire Cheng Family Takes Control of Vietnam Casino Resort
In a significant development in the world of Asian gaming, the billionaire Cheng family from Hong Kong has officially taken over the management of the Hoiana casino resort in Vietnam. The resort, located near the vibrant Vietnamese port city of Da Nang, was formerly operated by the Suncity Group, a business empire led by the […]
Casino
May 31, 2023
Velvix Sets Sights on Asian Market with Vietnam and Philippines
The company has teamed up with Jade Gaming, a company operating out of the Philippines. This deal is now part of Velvix’s overall strategy to grow its presence in the country’s market, but also expand to Vietnam. Velvix Determined to Grow Footprint in Asia Velvix is seeing the two countries as an important part of […]
Poker
May 10, 2023
ACR Releases High Stakes Adventure: Vietnam Documentary
Americas Cardroom (ACR) has announced the release of a new documentary following the journey of several poker professionals who competed in the recent Triton Super High Roller Series in Vietnam. The documentary is called A $100,000 Journey to Becoming a Poker Champion and is a 60-minute film about the March event. The film focuses on […]
