What Miracle Glass does

Miracle Glass LLC, operating as 789Club (legal name 789CLUBS.IO), is an online gambling and entertainment platform headquartered in Ho Chi Minh City, Vietnam, serving Vietnamese consumers. The company launched in 2012 and operates a single integrated product — 789Club — offering 100+ game titles across five categories: sports betting, online casino, card games, fish shooting, and slots, plus lottery products. The platform is accessible via web browser and native applications for iOS and Android, with a self-serve registration flow that takes approximately 30 seconds.

The platform's underlying technology consists of standard online gaming infrastructure: SSL 256-bit encryption, MD5 hash verification for game result transparency, OTP-based transaction security, and multi-layer firewall protection. Financial transactions are processed through an automated system with a claimed 99.2% success rate and 5-15 minute processing time, supported by integrations with 20+ Vietnamese banks, MoMo e-wallet, four major Vietnamese telecom carriers, and Bitcoin. The company holds regulatory licenses from PAGCOR (Philippines), the Isle of Man Gambling Supervision Commission, and the Malta Gaming Authority, providing multi-jurisdictional licensing claims.

The business model is a direct-to-consumer platform generating revenue through three streams: transaction fees on deposits and withdrawals, house edge built into casino games and sports betting odds, and a multi-tier VIP subscription program with escalating cashback and exclusivity benefits. Customer acquisition is driven by SEO, Vietnamese-language content sites, affiliate/referral marketing, and mobile app distribution. The company claims 3.2 million registered accounts and 1.5 million monthly visits as of 2026, and received the 'Fastest Growing Online Entertainment Platform' award at the Asia Gaming Awards 2024.

Name

Miracle Glass

Legal name

789CLUBS.IO

Website

https://miracleglassllc.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Miracle Glass LLC operates 789Club, a Vietnamese online gambling platform offering 100+ casino, sports betting, card, and slot games to Vietnamese consumers via web and mobile apps, monetizing through house edge, transaction fees, and VIP subscriptions.

Ownership category

akta.pro rank

Product category

Online Gambling

NAICS

Gambling Industries (7132), Casinos (except Casino Hotels) (71321), Other Gambling Industries (713290)

akta.pro primary industry

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

Keywords

• Online gambling platform
• Casino gaming
• Sports betting
• Slot games
• Virtual card games

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel, Supply Chain

Revenue model

1. Gaming Transaction Fees: Platform charges transaction fees on deposits and withdrawals. Revenue generated from the spread between deposits and withdrawals, plus house edge on games.
2. Gaming Commission/House Edge: Revenue generated from house edge built into casino games, sports betting odds margins, and lottery products. Slot games feature progressive jackpots with house-funded prize pools.
3. VIP Membership Tiers: Tiered VIP program with exclusive privileges. Higher tiers receive enhanced cashback rates, priority support, and exclusive promotions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Miracle Glass operates the 789Club online gaming platform, a Las Vegas-style portal launched in 2012 that offers real-money casino, sports betting, card games, fish shooting, slot and lottery games to Vietnamese consumers. The platform is accessible via web, iOS and Android, supports deposits and withdrawals through 20+ Vietnamese banks, e-wallets, telecom scratch cards and Bitcoin, and is licensed by PAGCOR, the Isle of Man Gambling Supervision Commission and the Malta Gaming Authority.

Product overview

789Club is a single unified online gaming platform that offers a diverse portfolio of gambling and entertainment services including online casino, sports betting, card games, fish shooting games, slots (nổ hũ), and lottery (lô đề). The platform operates as a Las Vegas-style gaming portal with mobile app support for Android and iOS.

Differentiator

Problem solved

Functional benefit

Products and services

• 789Club Online Gaming Platform Miracle Glass-branded online gaming and entertainment platform accessed via web, iOS and Android, offering real-money casino games, sports betting, card games, fish shooting, slots and lottery services primarily to Vietnamese consumers. Licensed by PAGCOR, IOM and MGA.

Quantifiable outcome

• 3.2 million registered accounts as of 2026
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• 20+ Vietnamese BankscoreOthersStrategic payment partnerships with over 20 major Vietnamese banks including domestic banking institutions. Enables fast deposit/withdrawal processing with 1:1 transparent exchange rates. Critical infrastructure partnership for financial transactions in Vietnamese market.
• MoMo E-WalletminorOthersIntegration with MoMo, Vietnam's leading e-wallet service, providing users with convenient mobile payment option for deposits and withdrawals.
• Vietnamese Telecom Providers (Viettel, Mobifone, Vinaphone, Vietnamobile)minorOthersAccepts phone scratch cards from major Vietnamese carriers (Viettel, Mobifone, Vinaphone, Vietnamobile) as deposit method, enabling micropayment access for players without bank accounts.
• International Game ProviderscoreTechnology or IntegrationPartnerships with multiple international game suppliers ensuring quality graphics, smooth gameplay, and continuous game updates. Partners include major gaming software developers for casino, slots, and live dealer content.
• PAGCOR (Philippine Amusement and Gaming Corporation)coreOthersLicensed by PAGCOR for legal online gaming operations. Primary regulatory partnership providing legal framework for business operations in international markets.
• Malta Gaming Authority (MGA)coreOthersLicensed by Malta Gaming Authority providing additional regulatory credibility and compliance framework for European-standard operations.
• Isle of Man Gambling Supervision Commission (IOM)coreOthersLicensed by Isle of Man Gambling Supervision Commission for online gambling operations, adding additional regulatory oversight and credibility.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• VN88: VN88 is a Vietnam-branded online sportsbook and casino platform that directly competes for Vietnamese players with comparable sports betting, slots, and casino products.
• Fun88: Fun88 is an Asian online betting and casino operator with a similar product portfolio and aggressive Vietnam-targeted marketing, comparable in scale and customer-acquisition approach.
• Dafabet: Dafabet is a long-established Asian online betting and casino operator offering sports betting, live casino, and slots, with comparable multi-license strategy and Vietnamese market presence.
• M88: Mansion Group's M88 is a major Asian-facing online gambling and sportsbook operator with a similar product mix of casino, sports betting, and slots targeting Southeast Asian markets including Vietnam.
• W88: W88 operates an online casino and sportsbook platform with comparable game categories, multi-jurisdictional licensing, and significant Southeast Asian and Vietnamese customer acquisition.
• BK8: BK8 is a Southeast Asian-focused online gambling platform with casino, sportsbook, and slots offerings, actively marketing in Vietnam and competing for the same player base.

Broad incumbents

• SBOBet: SBOBet is a major Asian sportsbook and casino operator with comparable licensing strategy and multi-product offering, though more focused on sports betting than casino.
• 188BET: 188BET is an established Asian and European online betting operator with broader geographic reach and a longer regulatory track record, providing a scaled benchmark for the segment.

Emerging players

• 1xBet: 1xBet is a global online betting operator with growing presence in Southeast Asia, offering casino, sportsbook, and slots with similar aggressive promotional and bonus structures.

Others

• Evolution Gaming: Evolution is the leading live casino content provider whose games are integrated into 789Club's platform via the international game provider partnerships, making it a key ecosystem supplier rather than a direct competitor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/miracle-glass

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 Miracle Glass