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Nevertheless, the Vietnamese continue to bet on sport, racing, poker and chance games in large numbers.
This can only be expected from a country with over 92 million citizens and a gambling culture that dates back hundreds of years.
So, although most forms of gambling are outlawed in Vietnam, many residents find ways around the ban — albeit at their own risk. The social landscape of Vietnam has changed considerably over the past century.
Gambling was viewed as a capitalist luxury that had no place in a socialist society, so it was banned outright. Wide-ranging social, political and economic reforms led to the establishment of a state lottery in That proved a popular move and was soon followed by the first of many tourist casinos, which continue to attract gamblers and investors from all over the world.
For years, only foreigners were allowed to gamble at Vietnamese casinos. However, growing support for a legitimate gambling industry has forced the government to reconsider its position.
In , select casinos opened their doors to Vietnamese locals as part of a three-year trial to determine the viability of wholesale gambling reform.
Recent reforms would suggest that Vietnam is beginning to soften towards gambling on the whole. Locals can now gamble at Vietnamese casinos instead of trekking across the border to Cambodia, while some politicians have also proposed the legalisation of betting shops.
Things are far less rosy when it comes to online gambling. Police raids and online betting crackdowns have become a regular occurrence, particularly in the lead-up to major sporting events such as the FIFA World Cup.
Nevertheless, there is cause for optimism. Vietnam boasts a fast-growing economy that would benefit hugely from the introduction of a regulated online gaming industry.
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Browse Vietnam by type. Top Online Casinos in Vietnam Play. The casinos and gambling clubs of Vietnam There are currently 7 licensed casinos and 23 electronic gaming clubs in Vietnam.
Electronic gaming clubs More than 20 upscale hotels in Vietnam feature electronic gaming clubs with slots and electronic table games.
Lottery, Parimutuel and other gambling in Vietnam Organized lottery games have occurred in Vietnam since and officially since Vietnam Casinos and Gambling in Summary Like most Asian countries trying to get a piece of the Asian gaming pie, Vietnam is in a state of flux and growth as the government struggles with perceived moral issues balanced by the desire to generate tax revenues and grow their service economies, as well as stem "currency bleed" by citizens who still take their gambling over the border.
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