Fawn Incorporation

What Fawn Incorporation does

Fawn Incorporation operates the 78WIN online gambling platform, headquartered in Manila, Philippines, and founded in 2005 with a corporate relaunch in 2016 under CEO Hồ Thanh Sơn. The platform serves primarily Vietnamese and Vietnamese-diaspora bettors with a multi-vertical product suite spanning sports betting, online casino, lottery, slots (Nổ Hũ), fish-shooting games, and cockfighting (đá gà). Content is sourced from third-party studios including JILI, PG Soft, VNG, TC Gaming, and Funtap, and is delivered through a Progressive Web App (PWA) mobile client secured with SSL 256-bit encryption and KYC verification, with an AI-based monitoring layer for anomaly detection.

The business model is a transaction-based B2C gambling operator: revenue is generated from the house edge on wagers placed across its verticals, supplemented by promotional and tournament activity. Distribution relies on direct-to-consumer digital marketing targeting the Vietnamese market, while payments are accepted via VISA, MasterCard, JCB, Bitcoin, and USDT. The company holds regulatory licenses from PAGCOR (Philippines), the Isle of Man Gambling Supervision Commission, and the Malta Gaming Authority, and has publicly articulated a 2030 vision to extend operations into Germany, France, and Poland. Self-reported scale metrics include more than 10 million registered bettors and over 12,000 daily visits on the fish-shooting vertical.

Name

Fawn Incorporation

Legal name

78WIN

Website

https://fawnincorporation.in

Company type

Private

Founded year

2005

Operating status

Operating

Short description

Fawn Incorporation operates the 78WIN online gambling platform out of Manila, serving primarily Vietnamese bettors with sports betting, casino, slots, lottery, fish-shooting, and cockfighting verticals delivered via a PWA mobile app.

Ownership category

akta.pro rank

Product category

Online Gambling

NAICS

Gambling Industries (7132), Other Gambling Industries (713290), Other Gambling Industries (71329)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)

akta.pro secondary industries

Digital Lottery & iLottery Platforms (Web/App) (MPAEAFAD), Online Horse Racing Betting (Advance Deposit Wagering/ADW) (MPAEADAD)

Keywords

• Online gambling platform
• Sports betting services
• Online casino games
• Digital lottery betting
• Slot machine games

Headquarters

HQ city

Panchla

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Marketing or Sales, Technology or R&D, Operations, Personnel, Others

Revenue model

1. Sports Betting / Wagering: The platform generates revenue from sports betting odds across football, tennis, badminton, horse racing, dog racing, and motor racing. Users place real-money wagers on various sporting events and outcomes, with the house taking a margin on odds.
2. Online Casino and Live Dealer: Revenue generated from casino gaming products including live dealer games, slot machines, and table games. Players wager real money on casino games with house edge generating platform revenue.
3. Slot / Jackpot Games (Nổ Hũ): Slot game products offered from multiple game publishers (JILI, PG Soft, etc.) with progressive jackpot mechanics. Revenue comes from player wagers, with house taking a percentage and accumulating jackpot pools.
4. Fish Shooting / Arcade Games: Fish shooting games (bắn cá) and arcade-style games where players spend credits to play. Credits are purchased with real money, generating platform revenue.
5. Online Lottery / Lottery Betting: Digital lottery betting products covering Northern, Central, and Southern Vietnamese lottery draws. Players bet on lottery numbers, digit combinations, and special bet types (bạch thủ lô, lô xiên, đánh đề). Revenue from lottery wagers with house edge.
6. Cockfighting (Đá Gà) Live Streaming: Live-streamed cockfighting betting from arenas in Thomo (Cambodia), Manila (Philippines), and Bình Dương (Vietnam). Revenue from betting wagers on cockfight outcomes.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Fawn Incorporation operates the 78WIN online gambling and betting platform, offering a multi-product portfolio spanning sports betting (football, tennis, horse/dog racing), live dealer casino and cockfighting streams, Vietnamese lottery betting, slot machine games from publishers such as PG Soft and JILI, and fish shooting arcade games. The platform runs as a Progressive Web App accessible via website and mobile, with automated deposit/withdrawal processing, KYC verification, and a VIP loyalty program targeting Vietnamese and Asian bettors.

Product overview

78WIN is an online gambling and betting platform operated by Fawn Incorporation, offering a multi-product portfolio spanning sports betting (Thể Thao), live casino and cockfighting (Đá Gà), online lottery (Xổ Số), slot machine games (Nổ Hũ), and fishing games (Bắn Cá). The platform operates as a Progressive Web App on mobile and desktop, supported by a VIP loyalty program, 24/7 customer service, and multi-currency wallet with automated deposit/withdrawal processing. The product suite is built around individual game verticals — slot games via PG SOFT and JILI publishers, fishing games from JILI and VNG Corporation — unified under a single account and wallet system with KYC verification and AI-based system monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• 78WIN Sports Betting (Thể Thao) Sports betting product covering football, tennis, badminton, car racing, dog racing, horse racing, and other sporting events, with live betting, handicap, over/under, and corner kick wagering options for adult individual bettors.
• 78WIN Live Casino and Cockfighting Live dealer casino offering real-time streaming of cockfighting matches from Thomo (Cambodia), Manila (Philippines), and Bình Dương (Vietnam) arenas, with gaff-blade and tre-fighting match formats, serving adult bettors interested in real-time wagering.
• 78WIN Online Lottery (Xổ Số) Online lottery platform supporting Northern, Central, and Southern Vietnamese lottery draws (XS 3 miền) with bao lô, lô xiên, đánh đề, bạch thủ lô, dàn đề, and lô rơi betting options for Vietnamese lottery bettors.
• 78WIN Slot Games (Nổ Hũ) Slot machine game portfolio featuring multiple publishers including PG SOFT and JILI, with titles such as Fortune Tiger, Mahjong Ways 2, Treasures of Aztec, Nổ hũ bầu cua, Nổ hũ thần tài, and Nổ hũ 88, including progressive jackpot mechanics for individual slot players.
• 78WIN Fishing Games (Bắn Cá) Fishing shooter games featuring 3D graphics with multiple modes including traditional, boss-hunting, and multiplayer battle modes; titles include Vua đánh cá (JILI Gaming), Đánh cá vui vẻ, Jackpot đánh cá, Tiền long đánh cá (VNG Corporation), and Bắn cá tiên cảnh for adult arcade players.

Quantifiable outcome

• Over 10 million registered bettors on the platform
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and major.

• PAGCOR (Philippine Amusement and Gaming Corporation)coreOthers78WIN is licensed and regulated by PAGCOR, the primary gambling regulatory authority in the Philippines. PAGCOR licensing provides legal authorization for the platform to operate online gambling services. PAGCOR is described as the largest gambling oversight body in the Philippines.
• Isle of Man (Gaming Supervision Commission)coreOthers78WIN holds an additional gaming license from the Isle of Man, a well-known online gaming licensing jurisdiction. The Isle of Man license requires meeting strict financial, security, and system audit standards, and is awarded only to operators meeting stringent criteria.
• MGA (Malta Gaming Authority)coreOthers78WIN is licensed by the Malta Gaming Authority, a respected European regulatory body for online gaming. MGA licensing provides additional international legitimacy and requires compliance with European gaming standards for fairness and player protection.
• JILI GamingmajorTechnology or IntegrationJILI Gaming is a game publisher that supplies slot and arcade game content to 78WIN. Notable games include 'Nổ hũ Jili' slot games and 'Vua đánh cá' (King of Fishing) developed by JILI Gaming, featuring 3D graphics and innovative gameplay features.
• PG Soft (Pocket Games Soft)majorTechnology or IntegrationPG Soft is a major slot game provider for 78WIN, offering a diverse portfolio of slot games including Fortune Tiger, Mahjong Ways 2, and Treasures of Aztec. PG Soft games are known for high-quality 3D graphics, creative themes, and competitive RTP rates of 96%+.
• VNG CorporationmajorTechnology or IntegrationVNG Corporation is identified as the game publisher behind 'Tiền Long Đánh Cá' (Golden Dragon Fish Shooting) on the 78WIN platform. VNG is described as one of the leading technology companies in Asia.
• TC Gaming (Tổng Công ty Xổ số)majorTechnology or IntegrationTC Gaming is the lottery betting platform integrated into 78WIN, providing nearly 30 lottery betting options covering Northern, Central, and Southern Vietnamese lottery draws. TC Gaming enables the lô đề, bạch thủ lô, lô xiên, and other lottery products on the platform.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• 188Bet: 188Bet is a long-running Asian sportsbook and casino brand with PAGCOR-rooted licensing, serving similar Vietnamese and Southeast Asian bettor segments with overlapping product verticals.
• SBOBet: SBOBet is a major Asian-facing sportsbook and casino operator with multi-jurisdictional licensing, directly comparable to 78WIN in target geography, product mix, and B2C acquisition model.
• Dafabet: Dafabet is one of the largest Asia-rooted online gambling operators, offering sportsbook, casino, and poker under multiple licenses (including PAGCOR) with comparable customer segments and product mix to 78WIN.
• W88: W88 is a long-standing Asian-focused online sportsbook and casino operator serving Vietnam, Thailand, and other Southeast Asian markets with multi-product offerings directly comparable to 78WIN.
• 12Bet: 12Bet is an Asia-focused sportsbook and casino operator serving similar Southeast Asian customer segments with comparable multi-license, multi-product positioning.
• M88 (Mansion): M88 is a Southeast Asia–focused iGaming brand offering sports betting, casino, and slots under a similar multi-license model (including PAGCOR-adjacent licensing) targeting the same Vietnamese customer base as 78WIN.
• Fun88: Fun88 is an established Asian iGaming operator offering sportsbook, casino, and slots with a focus on Vietnam, Thailand, and Indonesia, competing head-to-head for the same regional bettor base.
• VN88: VN88 is a Vietnam-domestic iGaming brand focused on sports betting, casino, and lottery for Vietnamese players, operating with a similar offshore-licensed model and content mix as 78WIN.
• BK8: BK8 is an Asian-facing iGaming platform with sports betting, live casino, and slots — operating across Southeast Asia with comparable product breadth, licensing profile, and Vietnamese-language marketing.

Broad incumbents

• Bet365: Bet365 is a global incumbent iGaming operator offering sportsbook, casino, and slots at scale; included as a broad incumbent benchmark for the European expansion target markets (Germany, France, Poland) where 78WIN plans to compete by 2030.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fawn-incorporation

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fawn Incorporation