NET88

Last updated

NET88
Industry Gambling
Founded2015
FounderMinh Châu
Key people
Minh Châu (CEO)
Products Sports betting, online casino
Website net88net88.com

NET88 is a Vietnamese betting firm founded in 2015. The firm has been in the midst of several controversies since 2024.

Contents

History

NET88 was founded in 2015 by Minh Châu. [1] The UK trademark was filed on 13 March 2024. [2] In 2024, NET88 became the sponsor of Premier League club Crystal Palace for a two-year deal, replacing previous sponsor Cinch. [3] [4] NET88 had little online presence before the deal, and didn't have an Twitter account until June 2024. [5] [6]

Controversy

In the days following Crystal Palace's announcement, NET88 received large criticism. Trademarks for NET88 and Wolverhampton Wanderers' sponsor DEBET had been filed in the same day. [7] [8] In addition, the image shown for Minh Châu in their website was in reality one of a Vietnamese TikToker named Đặng Ngọc Bích Tuyền, who perished in 2023. [9] [7]

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References

  1. "Minh Châu - Founder Của Nhà Cái Số 1 Châu Á Net88" (in Vietnamese). 11 December 2023. Retrieved 15 December 2024.
  2. "Trade mark number UK00004025693". trademarks.ipo.gov.uk. Retrieved 15 December 2024.
  3. "Crystal Palace announce NET88 as shirt sponsor for the 2024/25 season" (Press release). London: Crystal Palace Football Club. 12 June 2024. Retrieved 12 June 2024.
  4. "Crystal Palace news: Net88 become new shirt sponsor". BBC Sport. 12 June 2024. Retrieved 15 December 2024.
  5. Woosnam, Matt. "Crystal Palace face criticism over gambling firm sponsorship deal". The New York Times. ISSN   0362-4331 . Retrieved 15 December 2024.
  6. Smith, Dom (13 June 2024). "Crystal Palace's 'record' shirt sponsorship deal under scrutiny". The Standard. Retrieved 15 December 2024.
  7. 1 2 TheSportsGrail; Choudhary, Reena (14 June 2024). "Who is the owner and CEO of NET88 Vietnamese betting company as it becomes new Crystal Palace sponsor". The SportsGrail. Retrieved 15 December 2024.
  8. "Trade mark number UK00004025689". trademarks.ipo.gov.uk. Retrieved 15 December 2024.
  9. SAOStar.vn (3 February 2023). "Chân dung TikToker Bích Tuyền: Xinh đẹp và hạnh phúc mãi mãi ở tuổi 20 - Saostar.vn". Tạp chí điện tử Saostar.vn (in Vietnamese). Retrieved 15 December 2024.