According to the draft Decree on casino business (draft 2) that is being consulted, the Ministry of Finance proposes to continue the pilot program of allowing Vietnamese people to play at casino business locations.

Accordingly, Vietnamese people are allowed to play at casinos when they fully meet the following conditions:

Must be 21 years of age or older and have full civil capacity under the provisions of Vietnamese law.

Must buy tickets to play at the casino business location. Ticket price is 2.5 million VND/24 consecutive hours/person or 50 million VND/month/person.

Not being a subject whose family member (father, mother, wife, husband, biological child...) has full civil capacity or who himself/herself has submitted a request to the casino business enterprise not to allow playing at the casino business location.

Vietnamese people are allowed to enter casinos and can only use Vietnamese currency to exchange for conventional currency and can exchange conventional currency for Vietnamese currency in case of not playing all or winning prizes.

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Vietnamese people who want to play at casinos may have to buy entrance tickets.

According to the draft report, the drafting agency said that basically the conditions for Vietnamese people to be allowed to play in casinos in the past have not arisen any problems, contributing to the management and control of Vietnamese people playing in casinos.

Particularly for the regulations on players having sufficient financial capacity and proving financial capacity, there are still some problems such as having to present many types of documents, causing difficulties for both players and businesses when assessing, verifying, and checking the accuracy of the documents. Many people, although having sufficient financial conditions, cannot prove it when traveling because the documents must be carefully prepared before playing.

This reality limits many players with legitimate needs, while going abroad to play, the procedure is very simple.

Therefore, the Ministry of Finance has coordinated with ministries and branches to report to the Government to report to the Politburo and basically maintain the regulations on conditions for Vietnamese people to play casinos in accordance with Decree No. 03/2017/ND-CP.

Regarding the issue of proving financial capacity, to conform to international trends and actual conditions, and to limit foreign currency loss due to complicated administrative procedures, it is allowed to apply criteria to assess the financial capacity of players by raising the entrance fee.

Initially, the collection rate will be 2.5 million VND/24 consecutive hours (equivalent to 100 USD), 2.5 times higher than the current rate, or 50 million VND/month (equivalent to 2,000 USD), 2 times higher than the current rate.

The Politburo has agreed on the policy and assigned the Government to complete the law. The Ministry of Finance submitted to the Government the completion of the provisions in the draft decree according to the above report contents.

In addition, the draft decree also stipulates that one of the conditions for granting a certificate of investment registration for a casino project is that the project's minimum investment capital is 2 billion USD.

Casino businesses are responsible for setting up a 24/7 surveillance camera system, which must monitor the following locations: Entrance and exit doors to the casino business location, areas where game machines and game tables are located, cashier areas, treasury areas for counting cash, conventional currencies and storing cash and coin storage equipment, areas for storing unused or repaired game machines and game tables.

Images monitored through electronic devices and camera systems at basic locations must be complete, continuous, clear and stored for a minimum of 180 days from the date of recording.

Extending the pilot period for Vietnamese people to play in casinos The pilot period for Vietnamese people to play in Phu Quoc casino (Kien Giang) will end on December 31, 2024. For other casino businesses, the pilot period is 3 years from the date of issuance of the Certificate of Business Eligibility.

Source: https://vietnamnet.vn/nguoi-viet-vao-casino-phai-mua-ve-gia-2-5-trieu-dong-ngay-2428669.html