What Acewin Agriteck does

Acewin Agriteck Limited is an Indian-listed public entity (BSE: ACEWIN) headquartered in Bangalore with 11–50 employees. The company's public market description characterizes it as enabling "people to invest in and take advantage of land," suggesting an agritech heritage, but the actively maintained website (acewinagriteck.com) and operational product lines are oriented around the VU88 online sports betting, casino, slots, and esports platform. This divergence between listed-entity disclosure and operating-product reality is itself the most material factual signal in the source material and points to either a business pivot, an asset purchase of the VU88 brand, or a separation between the listed shell and the operating entity.

VU88 is a multi-vertical gaming platform delivered via web and a downloadable mobile app ("app tai VU88"), secured by SSL 256-bit encryption and high-level firewall systems with regular data backups. The platform integrates eight third-party content providers: Evolution, Dream Gaming, AE Sexy, and WM Casino for live dealer casino (baccarat, roulette, blackjack, sicbo), and Kingmaker, Jili, PG Soft, and Habanero for slot and card games. It surfaces over 500 daily betting odds across football, basketball, tennis, and badminton (Premier League, Champions League, Euro, Wimbledon), supports live in-play wagering with payout ratios up to 1:100, and offers casino payouts up to 1:11 and slot payouts up to 10,000x the original bet. An esports vertical covers League of Legends, Dota 2, CS:GO, Valorant, and PUBG Mobile.

The business operates a transaction-fee revenue model, capturing house edge on every wager across all product verticals. Go-to-market is product-led and community-led: a 100% first-deposit bonus up to 3,000,000 VND, an uncapped weekly 1.5% cashback, and an unlimited multi-level referral program paying up to 888,000 VND per qualified referral. The customer base is individual Vietnamese and Southeast Asian bettors with a secondary affiliate/agent layer; no enterprise segment exists. The platform is licensed by PAGCOR in the Philippines, with a Vietnamese operational address in Dĩ An, Bình Dương. No funding rounds, institutional investors, parent company, subsidiaries, or regulatory actions are disclosed.

Name

Acewin Agriteck

Legal name

Acewin Agriteck

Website

https://acewinagriteck.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Acewin Agriteck (BSE: ACEWIN) is an Indian-listed public entity that operates the VU88 online sports betting, casino, slots, and esports platform licensed by PAGCOR, serving individual Vietnamese and Southeast Asian consumers via web and mobile app.

Ownership category

akta.pro rank

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Betting Margin / House Edge: Platform charges a commission/edge on losing bets placed across sports, casino, slots, and esports products. The house maintains a mathematical edge on all wagers.
2. Gaming Product Revenue: Slot games, casino games, and esports generate revenue through the house's built-in return-to-player (RTP) margin on all wagers placed.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

VU88 is an online gambling and entertainment platform providing sports betting (over 500 daily odds across football, basketball, tennis, badminton and other leagues), live dealer casino (baccarat, roulette, blackjack, sicbo via Evolution, Dream Gaming, AE Sexy, WM Casino), card games and slot games (via Kingmaker, Jili, PG Soft, Habanero), and esports betting (League of Legends, Dota 2, CS:GO, Valorant, PUBG Mobile). The platform is licensed by PAGCOR (Philippine Amusement and Gaming Corporation) and targets individual consumers across Vietnam and Southeast Asia via web and mobile-app channels.

Product overview

VU88 is an online gambling platform offering sports betting, live dealer casino games, card games, slots, and esports betting. The platform integrates multiple game providers (Evolution, Dream Gaming, AE Sexy, WM Casino, Kingmaker, Jili, PG Soft, Habanero) to deliver a diverse gaming ecosystem. Users can bet on sports events with over 500 daily odds, play live casino games 24/7, access hundreds of slot and card game titles, and wager on major esports tournaments. The platform operates under PAGCOR licensing and is accessible via web and mobile app.

Differentiator

Problem solved

Functional benefit

Brands

• VU88: Online sports betting, casino, card games, slots, and esports entertainment platform operated by Acewin Agriteck.

Products and services

• VU88 Sports Betting (Cá cược thể thao) Online sportsbook covering football, basketball, tennis, badminton, and other sports with over 500 daily betting odds across Asian handicap, European, over/under, and exact-score markets. Includes live in-play wagering with real-time odds updates, match analysis, and payouts up to 1:100 for special odds. Targeted at individual adult bettors in Vietnam and Southeast Asia.
• VU88 Online Casino Live dealer casino platform integrating Evolution, Dream Gaming, AE Sexy, and WM Casino content, offering baccarat, roulette, blackjack, and sicbo streamed 24/7 by professional dealers. Payout ratios reach up to 1:11 depending on game type and hall. Includes VIP rooms with high betting limits. Targeted at individual casino players in Vietnam and Southeast Asia.
• VU88 Card Games and Slots Card game and slot offering integrated from providers Kingmaker, Jili, PG Soft, and Habanero, including tiến lên miền Nam, tài xỉu, ba cây, mậu binh, fish shooting games, and hundreds of slot titles with payouts up to 10,000x the original bet. Targeted at individual casual and serious slot/card game players in Vietnam and Southeast Asia.
• VU88 Esports Esports betting platform covering League of Legends, Dota 2, CS:GO, Valorant, and PUBG Mobile with market types including match winner, total kills, match duration, and kill handicaps. Betting odds range from 1:1.5 to 1:30 depending on match and game state. Includes live result updates and live match viewing. Targeted at esports fans and competitive gaming bettors in Asia.

Quantifiable outcome

• Slot game payouts up to 10,000x the original bet; special betting odds up to 1:100; casino odds up to 1:11
• +2 more outcomes

Named customers4 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

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• PAGCOR (Philippine Amusement and Gaming Corporation)coreOthers · 1 January 2020
• Evolution GamingcoreTechnology or Integration
• Dream GamingcoreTechnology or Integration
• AE SexycoreTechnology or Integration
• WM CasinocoreTechnology or Integration

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Dafabet: Dafabet is a long-established Asian sportsbook and casino platform with PAGCOR licensing and broad coverage of sports, live dealer, and slot products — directly comparable in product scope and target geography.
• W88: W88 is a directly comparable Asia-focused online sportsbook and casino operator targeting Vietnam and Southeast Asia with PAGCOR licensing, multi-provider live casino, slots, and esports — essentially the same product set as VU88.
• 188BET: 188BET is a long-standing Asian-focused sportsbook and casino operator with a comparable product portfolio spanning sports betting, live dealer, and slots for Southeast Asian customers.
• M88 (Mansion88): M88 is a Southeast Asia-licensed online sportsbook and casino brand offering the same mix of sports betting, live casino, and slot products as VU88 with comparable customer acquisition mechanics.
• Fun88: Fun88 operates a sportsbook, live casino, slots, and esports platform with strong Vietnamese/SE-Asian localization and similar third-party game-provider integrations, making it a near-clone peer of VU88.
• 1xBet: 1xBet is a global online sportsbook and casino brand with strong penetration in emerging Asian markets, offering sports, live casino, slots, and esports with aggressive promotional mechanics similar to VU88's deposit bonus and cashback structure.
• 12BET: 12BET is an Asian online sportsbook and casino operator with similar PAGCOR-style licensing and a sports/casino/esports product mix that overlaps directly with VU88's offering.
• BK8: BK8 is an Asia-facing iGaming operator offering sports betting, live casino, slots, and esports under PAGCOR-style licensing, with comparable Vietnamese-market focus and multi-provider game aggregation.

Others

• Evolution Gaming: Evolution Gaming is the dominant B2B live-dealer casino provider and a core technology partner for VU88; it shapes the economics and content ceiling for VU88's online casino vertical and serves as a key ecosystem counterparty.

Broad incumbents

• Bet365: Bet365 is a global incumbent in online sports betting and casino; while not Asia-focused, it operates an analogous sportsbook + casino + games platform and represents the broader benchmark for product depth, odds volume, and live-betting capability that VU88 aspires to.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Acewin Agriteck