Tag Archives: Vietlott
- Questions mount after Vietnam lottery chief abruptly resigns
October 10, 2017
The CEO of Vietnam’s wildly successful US-style numerical lottery operator has abruptly resigned for as yet unexplained reasons. Over the weekend, Vietnam’s Ministry of Finance announced it had accepted the resignation of Vietlott CEO Tong Quoc Truong effective October 1. The Ministry offered no further explanation for Truong’s abrupt exit,...
- Tough competition prompts Vietnamese lotteries to raise prizes
January 4, 2017
In an effort to compete with the emerging American-style jackpot in the country, traditional lottery companies in Vietnam’s south have increased their top prizes by a third. VNExpress reported that starting January 1, members of the Southern Lottery Council raised their top prizes to VND2 billion (nearly USD86,100)—a 33.3 percent...
- Vietnam backs “transparent” computerized lottery
November 25, 2016
Vietnam’s Ministry of Finance has defended its decision to allow an American-style computerized lottery in the country, saying that the platform is running with transparency. The ministry, which runs Vietlott, made the comment after many raised their eyebrows over the entry of a foreign partner in the lottery industry, which...
- Vietnam lottery wars heating up
November 16, 2016
Vietnam’s lottery market is heating up after operators accused the country’s newest and flashiest lottery of engaging in illegal anti-competitive practices. On Monday, VNexpress reported that the Southern Lottery Council, an organization representing 21 small Vietnamese lotteries, had formally asked the Ministry of Finance to investigate rival Vietlott for allegedly...
- Berjaya Corp. bags exclusive 18-year lottery contract in Vietnam
January 21, 2016
Berjaya Corp Bhd has finally gotten Vietnam’s elusive yes. Back in 2010, the Malaysian firm proposed a lottery project to the Vietnamese government. Almost six years later, Vietnam finally decided to award Berjaya and the Vietnam Computerized Lottery One Member Limited Liability Company (Vietlott) an exclusive contract to invest and...
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016
Sun Group the only approved casino in Vietnam’s Quang Ninh
April 21, 2017
Indian cricket team banned from visiting casinos in Australia
January 18, 2016