Oddin.gg, one of the industry’s most popular providers of esports odds feeds, risk management and iFrame solutions, is pleased to announce its new cooperation with CBV (Center of Betting Vietnam ).
Oddin.gg will provide its iFrame solution to CBV, the sole esports gaming license holder granted by local authorities in Vietnam, and thus 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 few countries where sports betting will be legally allowed. Considering the population of 96 million, smartphone penetration of 45% and the fact that 70% of the population has internet access, it’s no surprise that there are already 5 million enthusiasts of esports in the country. The esports scene is set to explode in the coming years.
CBV operates under the auspices of AVRCIPL (Association for Research and Consultancy on Investment Law and Policy in Vietnam). AVRCIPL is responsible for connecting public bodies and private sector companies, helping the latter to overcome political and legal challenges related to investment activities in Vietnam.
Bang Dang, CBV spokesperson, said of the new collaboration, “Selecting the best and most reliable solution on the market was crucial to our goal of building the market from the ground up. Of all the vendors we looked at, Oddin.gg stood out for their complete end-to-end iFrame solution that was quick to implement and gave us the level of control we were looking for. At the same time, we can fully rely on Oddin.gg’s expertise and guidance in esports betting waters that are new to us. Given their availability and the number of live markets, we are sure to offer our punters the best sports betting experience available. We believe we made the right choice and look forward to this fruitful partnership for the years to come.
Marek Suchar, CEO and co-founder of Oddin.gg commented on the new partnership:
“At Oddin.gg, we have taken a new step! Esports in Southeast Asia has been mainstream for quite some time, where the status of esports professionals is comparable to that of other athletes. Yet the legal environment for betting has been difficult, leaving room for an unregulated space to thrive. Through the partnership with CBV, we aspire to bring a highly engaging esports betting alternative to Vietnam that will comply with regulations and ensure a high level of security for punters. We hope we can set a good example and set a precedent for other countries to follow in the years to come.
Oddin.gg is a leading B2B provider of iFrame, esports odds feed and risk management solutions. It offers the most engaging sports betting experience with industry-leading availability and number of live markets. Oddin.gg also maximizes the profitability of its partners by combining state-of-the-art technology, machine learning algorithms and advanced data science. The company has a team with over 50 years of combined experience in esports and betting, and has successfully done business with the most complex global platforms. Recently, their gaming license application was officially accepted by the New Jersey Division of Gaming Enforcement.
CBV (Center of Betting Vietnam), based in Saigon, is the first legal esports operator in Vietnam and holder of a provisional gaming license in the country. As sports betting in Southeast Asia booms, CBV is strategically positioned to capitalize on the opportunities presented by bringing the region’s most experienced gaming and iGaming teams under one roof.