PILOT PERMISSION FOR VIETNAMESE CITIZENS TO PLAY IN CASINOS

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On January 16, 2017, the Government issued Decision No. 03/2017/ND-CP on casino business, pilot permit for Vietnamese citizens to play in casinos included entertainment complexes at places satisfying requirements and approved by the competent authorities.

The duration of pilot permission shall be 03 years from the day on which the pilot permission for Vietnamese citizens to play in a casino is first conducted. After 03 years of pilot permission, the Government shall consolidate reports, assess the data and decide on whether or not to terminate the permission for Vietnamese citizens to play in casinos in Vietnam.

A Vietnamese citizen allowed to play in a casino must be at least 21 year olds and fully capable of civil acts; must have proofs of having current income of at least VND 10 million per month or being subject to at least grade-3 income tax; has bought a casino entrance ticket with the price of VND 01 million/24 continuous hours/person or VND 25 million/month/person… Especially, a Vietnamese citizen allowed to play in a casino shall use only Vietnam dong for exchange for tokens; remaining or winning tokens may be re-exchanged for Vietnam dong.

Also in accordance with this Decision, a casino-operating enterprise shall provide only 02 types of prize-winning games through a gaming machine or a gaming table; in case of suspend its business, the enterprise shall post a notification publicly at the casino and send it to the Ministry of Finance, People’s Committees of provinces at least 15 days before the suspension date.

This Decision takes effect on March 15, 2017.

Source: http://english.luatvietnam.vn/default.aspx?tabid=720