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Another key element in the industry’s growth is encouraging responsible gambling. Betting platforms need to provide tools and resources to help players manage their behaviour, such as setting spending limits, playing time limits, and providing support services for those with gambling addiction issues. Public awareness campaigns about the dangers and risks of excessive gambling will also play an important role in raising public awareness and reducing the negative impacts of gambling.

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exchangebetfairHorse racing betting: Similar to many other countries in Asia, horse racing is also one of the long-standing forms of betting in Vietnam, especially in the Central and Southern regions. However, horse racing has only really become prominent in recent years when racing tracks were built in some major cities.

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In addition, another trend in the industry is the integration of virtual reality (VR) and augmented reality (AR) technology into betting games. Betting platforms use this technology to bring more realistic and vivid gaming experiences to players. For example, online casino games have started to integrate 3D casino rooms, where players can participate in live games with dealers and feel the real casino space right on the screen.

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In response to the growing problem of gambling addiction, the Vietnamese government has taken some drastic measures. Authorities have increased their control over international gambling sites and stopped issuing licenses for illegal online betting activities. In addition, the government has launched campaigns to educate people about the harmful effects of gambling and created support programs for those affected.