What eterno does

F168 is a Vietnamese-language online gambling platform headquartered in Ho Chi Minh City that operates as a direct-to-consumer destination for sports betting, live dealer casino, slot games, lottery, card games, fish shooting, and cockfighting. The platform is delivered through a responsive website and dedicated Android (APK) and iOS applications, with a unified wallet handling deposits and withdrawals in Vietnamese Dong via domestic bank transfers and e-wallets, and in USDT via cryptocurrency. A blockchain-based smart contract layer records bets and automates settlements, marketed as a transparency feature, and the platform is accessible 24/7 with live chat support and advertised 5-15 minute withdrawal processing.

The product portfolio spans nine branded verticals — Sports, Casino, Nổ Hũ (slots), Game Bài (card games), Bắn Cá (fish shooting), Xổ Số (lottery), Đá Gà (cockfighting), a blockchain feature page, and mobile apps — supplemented by down-stream integrations with third-party cockfighting halls (WGB VPro79, SV128, WS168, ODIN, GA28) and the international sportsbook CMD368. Multiple brand variants (F168, F168VIP, F168BET, F16878, F168 OKVIP) are used across mirrored domains to support SEO and traffic recovery.

Commercially, F168 is a privately operated B2C platform that earns revenue principally through a take-rate on wagering volume and ancillary transaction processing. Customer acquisition is driven by Vietnamese-language content marketing, SEO targeting hundreds of local gambling-related keywords, an affiliate agent network offering 200,000 VND per qualified referral, and a layered promotional schedule (welcome bonus up to 888K VND, 100% first deposit match, 50% day-2 deposit, 10% USDT deposit bonus, sports cashback). Three disclosed customer testimonials are all individual long-term members or affiliated agents, with no enterprise or institutional counterparties.

Name

eterno

Legal name

F168

Website

https://eterno.boutique

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

F168 is a privately operated Vietnamese online gambling platform offering sports betting, live casino, slots, lottery, and cockfighting to Vietnamese consumers via a responsive website and Android/iOS mobile apps, monetizing through wagering take-rate and transaction fees.

Ownership category

akta.pro rank

Product category

Online Gambling & Betting

NAICS

Gambling Industries (7132), Casinos (except Casino Hotels) (71321)

akta.pro primary industry

Online Poker Casinos (Casino + Poker Rooms) (MPAEABAC)

akta.pro secondary industry

Online Poker Operators (Real-Money) (MPAEAEAC)

Keywords

• Online gambling platform
• Sports betting services
• Live casino games
• Slot machine games
• Lottery gaming services

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Betting and Wagering Transactions: F168 generates revenue through betting transactions across multiple gambling verticals including sports betting, casino games, slot machines, lottery, and cockfighting. Users place bets with deposited funds and the platform retains a portion of wagering volume.
2. Deposit and Withdrawal Transaction Processing: Revenue is generated through payment processing on deposits and withdrawals. The platform supports domestic bank transfers, e-wallets, and USDT cryptocurrency transactions with varying processing times and minimum transaction limits.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

F168 is a Vietnam-focused online gambling and betting platform that delivers sports betting (football, basketball, tennis, esports), live dealer casino (Baccarat, Roulette, Sicbo, Blackjack, Dragon Tiger), slot/jackpot games, card games, fish shooting, lottery, and cockfighting wagering through a responsive website and dedicated Android/iOS mobile apps. The platform transacts in Vietnamese Dong with localized payment rails (domestic bank transfer, e-wallet, USDT) and layers blockchain-recorded transactions and smart-contract-based bet settlement on top of 256-bit SSL-secured account infrastructure.

Product overview

F168 is an online gambling and entertainment platform offering a comprehensive suite of betting and gaming products. The platform operates as a unified ecosystem featuring Casino live dealer games (Baccarat, Roulette, Sicbo, Blackjack, Dragon Tiger), sports betting (football, basketball, tennis, eSports), slot/jackpot games, card games (Tiến Lên, Phỏm, Bài Cào, Mậu Binh, Poker), fish shooting arcade, lottery (Xổ Số Miền Bắc/Trung/Nam, Lô Đề), and cockfighting arenas (WS168, SV128, WGB, ODIN, GA28). The platform incorporates blockchain technology with smart contracts for transaction transparency and offers a mobile application for Android and iOS devices. Payment methods include domestic bank transfers, e-wallets, and USDT cryptocurrency deposits.

Differentiator

Problem solved

Functional benefit

Products and services

• F168 Sports Betting Online sportsbook offering pre-match and live betting across football, basketball, tennis, racing, and esports with Asian and European odds, live in-play wagering, and real-time odds updates for Vietnamese users.
• F168 Live Casino Live dealer casino streaming real dealers 24/7 in HD, offering real-time betting and live chat interaction on Baccarat, Roulette, Sicbo, Blackjack, and Dragon Tiger for Vietnamese players.
• F168 Slot / Jackpot Games Slot machine and progressive jackpot (Nổ Hũ) games aggregated from multiple providers, with promotional jackpot bonuses and prize events for Vietnamese users.
• F168 Card Games (Game Bài) Online card game suite offering Vietnamese and international variants including Tiến Lên, Phỏm, Bài Cào, Mậu Binh, and Poker for Vietnamese players.
• F168 Fish Shooting (Bắn Cá) Fish shooting arcade (Bắn Cá) game where players wager on shooting fish targets for cash prizes, with deposit-tied promotional bonuses for Vietnamese users.
• F168 Lottery (Xổ Số) Online lottery betting product covering regional Vietnamese lottery draws (Xổ Số Miền Bắc, Miền Trung, Miền Nam) and number-based Lô Đề wagering for Vietnamese users.
• F168 Cockfighting (Đá Gà) Online cockfighting betting product aggregating multiple partner arenas (WGB VPro79, SV128, WS168, ODIN, GA28) with livestreamed matches, competitive odds, and detailed rooster statistics for Vietnamese users.
• F168 Mobile Application (Android / iOS) Native F168 mobile application for Android (APK, Android 6.0+) and iOS (installed via Safari configuration profile), providing optimized performance, reduced lag, and exclusive mobile promotions not available on the web version.

Quantifiable outcome

• Withdrawal processing average 5-15 minutes during business hours
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Dafabet: Long-standing Asian online gambling brand offering sports betting, casino, poker and games. Overlapping product breadth and Asian customer base; broader licensed footprint.
• 1xBet: Global multi-vertical gambling operator with strong Asian and Vietnamese presence via aggressive affiliate marketing. Broad incumbent with overlapping GTM and product breadth.
• 188Bet: Established Asian-origin online bookmaker and casino operator with multi-vertical offering. Comparable product breadth with broader regulated footprint.
• M88: Asia-targeted online gambling operator with sportsbook, casino and live dealer offering. Comparable product mix with broader Asian footprint.
• Fun88: Established Asia-facing gambling operator with sportsbook, casino and slots. Broader geographic footprint than F168 but overlapping product portfolio and Asian-targeting GTM.

Direct peers

• W88: Vietnamese-facing multi-vertical online gambling operator offering sports betting, casino, slots and live dealer. Closest comparable in target market, product breadth and offshore operating model.
• VN88: Vietnam-targeted online betting and casino brand combining sportsbook and live casino with localized VND rails. Direct peer in geography and product mix.
• V9Bet: Asian bookmaker with significant Vietnamese player base offering sports betting and casino. Comparable in offshore operating model and Vietnamese-focused acquisition strategy.
• AE888: Asian-facing online gambling platform offering sports betting, live casino and slots with affiliate-driven acquisition. Direct peer in operating model and regional target.
• BK8: Asian-focused online gambling platform with strong Vietnamese user base, offering sportsbook, casino, slots and live dealer — comparable multi-vertical wallet and direct-to-consumer acquisition model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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 eterno