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The legal status of gambling in Laos is complicated. Although gambling is illegal throughout the country, there are Special Economic Zones where it is permitted. In these zones, casinos operate legally and offer the most popular games to players. In addition, a number of offshore online casinos accept players from Laos.
In addition, some private business interests run the national lottery. A source close to the ministry told RFA that many of these companies have connections to the ruling elite. “The government should resume control of the lottery, because private business interests should not be responsible for the national lottery,” the source said.
For poor Vietnamese, selling lottery tickets is a necessity. Many families cannot afford to live on social welfare payments alone. As a result, they choose to sell tickets rather than engage in the socially detested act of begging. The average daily profit for a lottery seller is about 230 000 VN-Dong ($10 US-Dollars). The money is enough to support a family of two.
Lottery online is one of the fastest growing forms of online gaming and has become a key part of the online gaming landscape. Its popularity stems from the fact that it is easy to navigate and has an attractive interface. Players can find and buy lottery tickets through various websites, including those operated by major retailers. Some of these websites have built-in payment methods, while others offer third-party options like PayPal.
Since Vietnam opened up to foreign investment in 2010, a number of private companies have joined the lottery industry. The leading player is Vietlott, a joint venture between Malaysian Berjaya Corporation Bhd (BCorp) and the Vietnam-based sports toto operator Bao Huy. The company has set up 800 points of sale in districts and communes of HCM City, with plans to increase the number to 10,000 in five years. Vietlott’s success has attracted other foreign investors.