Pilot program for Vietnamese people with income from 10 million VND/month to enter Casino

Decree 03/2017/ND-CP on casino business has just been issued by the Government, with notable content being the pilot allowing Vietnamese people to enter casinos, at service, tourism and entertainment projects with casinos that meet the regulations of the decree and are licensed.

Vietnamese people with income over 10 million can enter Casino - Internet photo

The pilot period is 3 years, from the date the first casino business is allowed to pilot. After 3 years, the Government will summarize, evaluate and decide whether to continue or not.

Vietnamese people allowed to enter casinos must be 21 years of age or older, have full civil capacity, and must prove that they have a regular income of at least 10 million VND/month, or are subject to tax at level 3 or higher according to the provisions of the Law on Personal Income Tax.

Vietnamese people who are allowed to enter the casino must not be in a category where a family member with full civil capacity (father, adoptive father, mother, adoptive mother, wife, husband, biological child) or the person himself/herself has submitted a request to the casino business not to allow him/her to enter and play.

Players must buy tickets before playing at the casino, the ticket price is 1 million VND/24 consecutive hours or 25 million VND/month/person.

All proceeds from ticket sales are left to the local casino business to spend on social welfare goals, serve the community, and ensure security and social order.

According to the decree, casino businesses must develop and promulgate regulations to ensure strict management and control of Vietnamese people playing at casinos.

Businesses are also required to issue electronic cards to Vietnamese people playing at casinos, including the card number, player's full name, ID card or passport number, identification photo, time of entry and exit from the casino, amount of money played and rewards received for each game...

The Decree stipulates that casino business is a conditional business activity, subject to strict control by competent State management agencies to ensure that operations comply with the provisions of this Decree and relevant laws. Only enterprises that have been granted a certificate of eligibility to operate casinos are allowed to operate casinos.

The Decree clearly states that casino business must be associated with the main business activities of the enterprise to promote tourism and trade development, diversify forms of entertainment, enrich spiritual life and attract tourists; must ensure security, national defense, social order and safety, social ethics and public health.

Illustration photo.

The organization and participation in prize games must ensure transparency, objectivity, honesty, and protect the rights and legitimate interests of the participating parties.

Organizations and individuals involved in organizing and participating in prize games must fully comply with the provisions of this Decree and other relevant legal provisions.

The Decree also clearly stipulates prohibited acts such as allowing and organizing direct betting between players based on the results of prize-winning games at casino business locations; cheating in the process of organizing and participating in prize-winning games at casino business locations; having acts that affect security, order and social safety at casino business locations according to the provisions of law; enterprises trading in game machines, game tables, conventional currencies and game equipment with content and images that have not been approved by competent state management agencies for dissemination and circulation according to the provisions of law.

In addition, it is strictly forbidden to take advantage of casino business activities to organize and provide illegal prize games via computer networks, telecommunications networks, and the Internet; take advantage of casino business activities to smuggle, transport foreign currency, gold, silver, precious stones, precious metals, and carry out forms of money laundering, terrorism financing, and prostitution; confirm fake winning amounts, confirm untrue or unauthorized confirmation, or make it difficult for players to confirm without justifiable reasons.

According to Hai Minh/vneconomy