Income from 10 million VND/month to enter casino

Vietnamese people must be 21 years of age or older, have full civil capacity, have sufficient financial capacity with a regular income of 10 million VND/month or more to be allowed to play in the casino.

» Priest Nguyen Dinh Thuc incites parishioners

The Ministry of Finance has just informed about Decree No. 03/2017/ND-CP dated January 16, 2017 of the Government on casino business. One of the regulations includes a pilot program allowing Vietnamese people to play at casino business locations for a period of 3 years, starting from the date the first casino business is allowed to pilot allowing Vietnamese people to play at casino business locations.

After 3 years of piloting, the Government will summarize, evaluate and decide whether to continue allowing Vietnamese people to play casino or possibly stop allowing Vietnamese people to play casino in Vietnam.

This Decree was issued to enhance the effectiveness and efficiency of state management in the field of casino business; at the same time, it also stipulates the responsibilities of ministries, branches, localities, and relevant state management agencies in managing and supervising casino business activities.

This regulation aims to meet the entertainment needs of a segment of people with legitimate income, contributing to the fight against illegal gambling activities that negatively impact social order and safety and the illegal transfer of foreign currency abroad to participate in illegal gambling activities.

In addition, the Decree also stipulates the conditions for Vietnamese people to be allowed to play in casinos. Specifically, people must be 21 years of age or older and have full civil capacity; have full financial capacity (have a regular income of 10 million VND/month or more or be subject to income tax at level 3 or higher).

At the same time, Vietnamese people entering the casino must buy a ticket to play at the casino with an entrance fee of 1 million VND/24 consecutive hours/person or 25 million VND/month/person and must not be subject to a family member who has submitted a request to the casino business enterprise not to allow them to play at the casino business location.

In addition, the Decree also stipulates that certain subjects are not allowed to enter casinos, such as people who are being prosecuted, people with criminal records for crimes against national security, people who are temporarily serving prison sentences, drug addicts, etc.

For businesses investing in casino business in Vietnam, the Decree clearly states that to be licensed to operate a casino, businesses must invest in and build a service, tourism and entertainment complex project with a minimum investment capital of 2 billion USD.

According to Infonet