Vapor Craze, LLC

What Vapor Craze, LLC does

The data labeled as Vapor Craze, LLC in the firmographic header (2012-founded, 6-employee, Long Beach, California vape retail entity) is internally inconsistent with the substantive content blocks, which uniformly describe an online gambling platform called 789WIN operating from Ho Chi Minh City, Vietnam, since 2016. The substantive analysis below is based on the detailed product, technology, financial, and operational data provided for 789WIN.

Name

Vapor Craze, LLC

Legal name

789WIN

Website

https://vaporcraze.net

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

789WIN is a Vietnam-headquartered online gambling platform licensed by PAGCOR and Gaming Curacao, serving individual bettors across 5 Southeast Asian markets with casino, sports betting, slots, lottery, card, fishing, and cockfighting products distributed via web, mobile app, and authorized agent websites.

Ownership category

akta.pro rank

Product category

Online Gambling

NAICS

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

akta.pro primary industry

Real-Money Online Casino Operators (RNG Slots & Table Games) (MPAEABAA)

akta.pro secondary industry

Game Aggregation, Content Distribution & RGS (Remote Game Servers) (MPAEAKAG)

Keywords

• Online gambling platform
• Sports betting
• Live casino games
• Slot games
• Lottery betting

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Sports Betting Commission: The platform charges a take rate/commission on sports betting wagers placed across various sporting events including football, basketball, and other international competitions.
2. Casino and Live Dealer Games: Revenue is generated from house-edge built into casino games, live dealer baccarat tables, and other gaming products.
3. Lottery and Fast Games: Fast lottery games (1-second, 45-second, 1-minute, 5-minute draws) with payout ratios up to 1:99.5. Revenue derives from the spread between total wagers and payouts.
4. Slot Games (Nổ Hũ): Slot game revenue is generated through house edge on slot wagers. Games include jackpot mechanics with multipliers up to 2,500x bet size.
5. Promotional Bonus Programs: While promotional bonuses are offered to players (100% first deposit match, 5% weekly cashback, free slot spins), the company monetizes through wagering requirements and game house edges that generate net revenue.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels5 records

Core offering

789WIN is an online gambling platform that provides live dealer casino, sports betting, slot games, lottery, fast lottery, card games, fishing arcade, and cockfighting through a single registered account. The platform serves individual bettors primarily in Vietnam and broader Southeast Asia via website and mobile applications, monetizing through house edge and wagering commissions on each transaction.

Product overview

789WIN operates as a comprehensive online entertainment platform offering multiple gambling and gaming products through a unified platform architecture. The core product portfolio includes Casino Live (real-time dealer games), Sports Betting, Slot Games, Lottery, Card Games, Fishing Games, and Cockfighting broadcasts. The platform also features sub-products like Fast Lottery (Xổ Số Nhanh), themed slot games (Neko, Mahjong Slots), and specialized card games. A mobile application is available for iOS and Android devices. The platform supports deposits via domestic banking (25+ banks), e-wallets (Momo, ZaloPay, ShopeePay), and QR code payments.

Differentiator

Problem solved

Functional benefit

Products and services

• Live Dealer Casino (Casino Live)
• Sports Betting (Thể Thao)
• Slot Games (Nổ Hũ)
• Lottery (Xổ Số)
• Fast Lottery (Xổ Số Nhanh)
• Card Games (Game Bài)
• Fishing Games (Bắn Cá)
• Cockfighting Broadcasts (Đá Gà)
• 789WIN Mobile Application (iOS and Android)

Quantifiable outcome

• Over 2 million monthly user visits
• +5 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• 33winminorOthersListed as a trusted partner brand alongside 789WIN on the platform's main website. Mutual cross-referencing appears on partner pages as part of a network of Vietnamese online betting platforms.
• NOHU90minorOthersListed as a trusted partner brand alongside 789WIN on the platform's main website. Mutual cross-referencing appears on partner pages.
• MU88minorOthersListed as a trusted partner brand alongside 789WIN on the platform's main website. Mutual cross-referencing appears on partner pages.
• TG88minorOthersListed as a trusted partner brand alongside 789WIN on the platform's main website. Mutual cross-referencing appears on partner pages.
• PAGCOR (Philippine Amusement and Gaming Corporation)coreOthersGovernmental regulatory body in the Philippines that issues gambling licenses. 789WIN received its PAGCOR license in 2016 or 2019 (sources vary), enabling legal operation as an online gambling platform. PAGCOR requires periodic reporting on business results and data handling procedures.
• Gaming CuracaocoreOthersGlobal online gaming licensing organization. 789WIN received Gaming Curacao certification in 2018, focusing on security standards, operational stability, and user support policies. The certification helped the platform expand into Southeast Asian markets.
• iTech LabscoreTechnology or IntegrationIndependent testing organization that certifies algorithms and game fairness for online gaming platforms. iTech Labs certified 789WIN's game system in 2020 following multiple independent evaluations, confirming technical fairness and international standards compliance.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Dafabet: Established Asian-facing online gambling operator with sports betting, casino, and slots. Comparable to 789WIN in serving Vietnamese and broader SEA customers with localized payments and multi-vertical offering.
• W88: Asia-focused online sportsbook and casino operator with strong SEA exposure. Closely comparable to 789WIN in product mix (sports, casino, slots), target customer, and reliance on offshore licensing for restricted jurisdictions.
• 22Bet: Multi-vertical online sportsbook and casino with established SEA user base and offshore licensing. Comparable to 789WIN in product mix, target geography, and reliance on bonus-driven acquisition.
• 1xBet: Global online gambling operator with significant SEA presence, broad product mix, and affiliate-driven distribution. Comparable to 789WIN in product breadth, agent-network GTM, and use of multiple jurisdictions for licensing.
• MelBet: Curacao-licensed online sportsbook and casino with strong emerging-markets footprint. Comparable to 789WIN in offshore licensing approach, multi-vertical offering, and agent/affiliate distribution strategy.
• M88: Asia-targeted online gambling platform offering sports, casino, and slot products. Comparable to 789WIN in customer geography, multi-product model, and reliance on alternative access channels.
• Fun88: Long-running Asian-facing online gambling brand offering sports betting, casino, and slots. Comparable to 789WIN in geography, customer base, and multi-vertical, single-account operator model.
• BK8: Southeast Asia-focused online casino and sportsbook operator with localized payment rails and agent networks. Directly comparable to 789WIN in target markets, product portfolio, and GTM strategy.

Broad incumbents

• Bet365: Global incumbent in online sports betting and casino with much broader geographic and product footprint. Comparable to 789WIN only at the category level; included as a benchmark for what a fully regulated incumbent looks like at scale.
• Pinnacle: Established sportsbook operator with reduced-margin pricing model and global reach. Comparable to 789WIN in sports-betting core, but operates as a mainstream regulated incumbent rather than a SEA-focused multi-vertical platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/789win
• LinkedInlinkedin.com/company/vapor-craze-llc

Compliance5 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 Vapor Craze, LLC