Several factors favour the development of gambling in this country:
These factors could determine the state's future success as a top hub for Asian gamers. Regulative difficulties that operators face in Macau also facilitate Vietnam's rise. The country has no specific legislative regime for issuing casino licences.
Ben Lee, a consultant from IGamiX, stated that the country has managed to adapt and transform the Macau fixed-room model. Vietnamese gambling mixes it with the Southeast-Asian casual scheme.
The specialist also explained the benefits of opening a wagering project in the state:
Fees for VIP activities are 15% on every USD 100 of GGR, whereas, in Macau, this figure is 40%.
There are some downsides that operators need to know about before entering the market:
Nevertheless, Vietnam’s advantages outweigh the drawbacks, making the country a solid competitor to Macau.
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