Vietnam Gambling Market (2025-2031) | Industry, Size, Growth, Revenue, Share, Segmentation, Trends, Value, Analysis, Outlook

Topics Covered in the Vietnam Gambling Market Report

Vietnam Gambling Market report thoroughly covers the market By Product Type, Channel Type, and Platform. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Vietnam Gambling Market Synopsis

The gambling market in Vietnam is experiencing notable growth, driven by both traditional and digital segments. On the land-based front, the development of high-end casinos and integrated resorts continues to captivate international visitors, contributing significantly to the local economy. Simultaneously, the online gambling segment is expanding at a remarkable pace, fueled by widespread mobile adoption and increased internet accessibility. This shift is making digital gaming platforms more accessible to a broader audience. Together, these trends underscore the vibrancy and potential of Vietnam's gambling market, as it adapts to evolving consumer behaviors and technological advancements.

According to 6Wresearch, Vietnam Gambling Market size is expected to grow at significant CAGR of 8.5% during 2025-2031. The Vietnam gambling market is experiencing robust growth, driven by both domestic demand and an influx of international tourists. The rapid expansion of integrated resorts, casinos, and other gambling venues has contributed significantly to the nation's economic development. These establishments not only attract foreign visitors but also provide employment opportunities and foster regional tourism. Additionally, the growing popularity of online gambling platforms has led to a surge in digital gaming, appealing to tech-savvy players and capitalizing on increased smartphone usage and internet penetration. Together, these trends highlight the market's vast potential as it adapts to modern consumer preferences.

However, the industry faces several challenges that could hinder its progress. Strict regulations on gambling activities, particularly laws restricting local citizens from participating in casino games, pose limitations on market growth. Online gambling platforms also confront regulatory uncertainties and an influx of unlicensed operators, which raises concerns about transparency and consumer protection. Furthermore, the social stigma associated with gambling in Vietnam adds another layer of complexity, as it may deter broader participation from the local population. To sustain its upward trajectory, the gambling sector must address these hurdles by promoting fair practices, enhancing regulatory frameworks, and ensuring responsible gaming initiatives.

Vietnam Gambling Market Trends

The Vietnam gambling market continues to evolve, driven by significant growth in tourism and changing societal attitudes towards gaming. One of the key factors contributing to Vietnam gambling market growth is the government's gradual relaxation of gambling laws, including trial programs allowing locals to participate in certain casinos. Additionally, the rise of digitalization has propelled the popularity of online gambling platforms, catering to tech-savvy consumers. These trends, combined with increased foreign investment and the development of integrated resorts, position Vietnam as an emerging hub for gaming in Southeast Asia. However, to fully capitalize on this growth, industry stakeholders must remain vigilant in addressing regulatory challenges and advocating for sustainable practices.

Investment Opportunities in the Vietnam Gambling Market

The Vietnam gambling industry presents a variety of attractive investment opportunities for both local and international stakeholders. With the government's gradual relaxation of gambling regulations and the introduction of pilot programs allowing Vietnamese citizens to participate in certain casinos, the market exhibits significant growth potential. The development of integrated resorts, which combine entertainment, accommodation, and casino facilities, is one of the most promising trends in the sector. These large-scale projects are designed to attract high-spending tourists and drive economic growth in key regions. Furthermore, the rapid expansion of online gambling platforms opens doors for tech-driven investors looking to capitalize on Vietnam's growing digital economy. However, success in the Vietnam gambling industry requires careful navigation of regulatory frameworks and a commitment to responsible gambling practices, ensuring long-term growth and sustainability.

Leading Players in the Vietnam Gambling Market

Several key players dominate the Vietnam gambling market, leveraging their expertise and understanding of local preferences to thrive in the competitive landscape. Companies such as Crown International Club, located in Da Nang, have established themselves as premier destinations for high-stakes gaming and luxury entertainment. Another standout is Corona Resort & Casino on Phu Quoc Island, the first casino in Vietnam to allow local Vietnamese citizens to gamble under specific conditions. Additionally, international operators like Suncity Group have been extending their influence in the market through strategic partnerships and investments in integrated resorts. These leading companies demonstrate the market’s potential and underscore the importance of innovation and compliance in maintaining their stronghold.

Government Regulations

Vietnam's government has implemented strict regulations and policies to oversee the casino and gambling industry, ensuring accountability and minimizing societal risks. One notable policy is the pilot program allowing local Vietnamese citizens to gamble in designated casinos, such as the Corona Resort & Casino, provided they meet specific requirements, including a minimum monthly income threshold and an entry fee. Additionally, all gambling operators must obtain proper licensing and adhere to strict anti-money laundering laws. To further manage the industry’s impact, the government also mandates regular audits and enforces strict advertising restrictions to prevent excessive promotion of gambling. These regulations aim to balance economic growth with social responsibility, shaping a controlled and sustainable gaming market.

Future Insights of the Vietnam Gambling Market

The future of Vietnam gambling market holds significant potential for growth as new developments and regulatory advancements take shape. With ongoing urbanization and increasing disposable incomes, the demand for gaming and entertainment facilities is expected to rise. Additionally, the government’s pilot program allowing local residents to participate in casinos signals a more inclusive approach that could unlock new revenue streams. Technological innovations, such as online gaming and blockchain integration, may also drive the market forward, provided that regulatory frameworks adapt to accommodate these trends. However, maintaining a balance between economic opportunities and social welfare will remain a critical focus to ensure the industry develops responsibly and sustainably.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Casino to dominate the Market – By Product Type

According to Sachin, Senior Research Analyst, 6Wresearch, the casino segment holds a significant portion of the Vietnam Gambling Market Share, emerging as the dominant segment within the industry. This prominence is driven by the growing adoption of legal casino operations, coupled with the government’s recent reforms allowing local residents to participate.

High-end casinos located in popular tourist destinations have also contributed to the surge in revenue, attracting both domestic and international players. Furthermore, the integration of advanced technologies, such as virtual gaming systems and electronic gaming tables, has enhanced user experiences, making casinos a preferred choice for gamblers in Vietnam. These developments continue to strengthen the casino segment’s leadership within the market.

Offline to dominate the Market – By Channel Type

The offline segment continues to dominate the Vietnam Gambling Market Share. Traditional casinos are firmly entrenched as the preferred choice for gamblers, driven by their experiential value and the social aspect they provide. The allure of luxurious venues, immersive entertainment, and in-person interaction contribute significantly to their popularity. High-end resorts and casinos located in major tourist destinations have further bolstered the sector by attracting a steady influx of bettors. Additionally, government policies allowing select casinos to admit local players have opened up new revenue streams, reinforcing the offline channel's dominance in Vietnam's gambling market.

Key Attractiveness of the Report 

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Vietnam Gambling Market Outlook
• Market Size of Vietnam Gambling Market, 2024
• Forecast of Vietnam Gambling Market, 2031
• Historical Data and Forecast of Vietnam Gambling Revenues & Volume for the Period 2021 - 2031
• Vietnam Gambling Market Trend Evolution
• Vietnam Gambling Market Drivers and Challenges
• Vietnam Gambling Price Trends
• Vietnam Gambling Porter's Five Forces
• Vietnam Gambling Industry Life Cycle
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Product Type for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Betting for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Casino for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Lottery for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Others for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Channel Type for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Offline for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Online for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Virtual Reality VR for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Platform for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Land-Based for the Period 2021 - 2031
• Historical Data and Forecast of Vietnam Gambling Market Revenues & Volume By Online for the Period 2021 - 2031
• Vietnam Gambling Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Channel Type
• Market Opportunity Assessment By Platform
• Vietnam Gambling Top Companies Market Share
• Vietnam Gambling Competitive Benchmarking By Technical and Operational Parameters
• Vietnam Gambling Company Profiles
• Vietnam Gambling Key Strategic Recommendations

Market Covered

The Vietnam Gambling Market report provides a detailed analysis of the following market segments

By Product Type

• Betting
• Casino
• Lottery
• Others

By Channel Type

• Offline
• Online
• Virtual Reality VR

By Platform

• Land-Based
• Online