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Oddin.gg To Power The First And Only Legal Esports Operator In Vietnam, CBV

Oddin.gg, provider of esports odds feeds, risk management, and iFrame solutions, has formed a partnership with the Center of Betting Vietnam (CBV). As part of the deal, Oddin.gg will provide its iFrame solution to CBV, a holder of an esports gambling license as granted by the local authorities in Vietnam, and therefore the first and only legal esports operator in the country for the foreseeable future. This marks the new era for Southeast Asia as Vietnam will become one of the very few countries where esports betting will be legally allowed.

“We at Oddin.gg have reached another milestone!,” said Marek Suchar, Managing Director and Co-Founder of Oddin.gg. “Esports in Southeast Asia has been mainstream for quite some time, where the status of esports pros is comparable to the status of other athletes. Yet, the legal environment for betting has been challenging, leaving opportunities for unregulated space to flourish. Through the partnership with CBV, we aspire to bring to Vietnam highly engaging esports betting alternative that will be regulatory-complaint and guarantee a high level of security for bettors. We hope we can set the right example and precedent for the other countries to follow in the upcoming years.”

CBV operates under the auspices of AVRCIPL (Association of Research and Consultancy on Policies and Law for Investment in Vietnam). AVRCIPL is responsible for connecting state agencies and private sector corporations, helping the latter to overcome policy and legal challenges for investment activities in Vietnam.

Oddin.gg delivers the most engaging esports betting experience with industry-leading uptime and number of live markets. The company maximizes its partners’ profitability as well by combining state-of-the-art technology, machine learning algorithms and advanced data science. The company features a team with more than 50 years of combined experience in esports and betting, and has successfully done business with the most complex global platforms. Recently, their application for a gaming license was officially accepted by the New Jersey Division of Gaming Enforcement. Saigon-based CBV (Center of Betting Vietnam) is the first legal esports operator in Vietnam and holder of a provisional gambling license in the country. As esports betting in Southeast Asia is booming, CBV is strategically positioned to capitalize on the presented opportunities by putting, under one roof, the most experienced gambling and igaming teams in the region.

(All information was provided by iGaming Business)

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