This letter proposes a novel receiver for asymmetrically clipped optical orthogonal frequency division multiplexing (ACO-OFDM) system in visible light communication to enhance its performance. In ACO-OFDM, the even subcarriers are distorted by the clipping noise and are simply discarded in the conventional receiver. In this letter we show that the signals on the even subcarriers can be viewed as data-dependent precoded OFDM. A novel receiver based on minimum mean square error criteria is then proposed to exploit the even subcarriers to collect additional diversity and coding gains, leading to improved bit error rate performance. Simulations show that the proposed receiver provides significant signal-to-noise ratio gain (up to 10 dB) over the conventional receiver, especially in non-line-of-sight channels. Moreover, the proposed receiver is also superior to some existing advanced ones.Index Terms-ACO-OFDM, MIMO, iterative receiving, visible light communication.