The latest draft of the decree on casino business proposes notable content. It suggests that, in addition to the ticket purchasing requirement, players must be 21 years of age or older and possess full civil act capacity under Vietnamese law. They must also not be subject to a family member’s (parent, spouse, child, etc.) request to the casino business to prohibit their participation.
Vietnamese citizens are permitted to use Vietnamese Dong to exchange for the designated casino currency and can exchange any remaining amount or winnings back. Players are responsible for the accuracy and authenticity of the documents presented during the entry procedure, adhering to Vietnamese legal requirements.
According to the draft, Vietnamese citizens are permitted to use Vietnamese Dong to exchange for the designated casino currency.
Players can request the casino business to maintain confidentiality regarding their winnings and prizes, unless disclosure is mandated by competent state management agencies. They are also entitled to lodge complaints and denunciations against the enterprise regarding prize payment results and any fraudulent or violating acts.
The Ministry of Finance proposes that casino businesses be responsible for inspecting, reviewing, and storing complete dossiers and data for a minimum of five years to facilitate management, inspection, and examination by competent authorities.
Casino businesses permitted to serve Vietnamese citizens are required to collect and account for separate revenues from entry ticket sales. They must also separately account for revenues from Vietnamese citizens’ ticket sales, fully declare the number of ticket purchasers, and pay all ticket revenues into the state budget account at the State Treasury, simultaneously with the provisional enterprise income tax payment.
These revenues will be utilized by the provincial budget, where the enterprise operates, for social welfare and security and order maintenance purposes, with a minimum of 60% allocated to the fields of education, training, vocational training, and healthcare.
The pilot program for allowing Vietnamese citizens to participate in casinos will only apply to projects with investments of $2 billion or more and must be approved by the Prime Minister. If not extended, the casino will have to cease serving Vietnamese citizens after the pilot period.
The draft decree also mandates casinos to install a 24/7 surveillance camera system in all operational areas, including entrances, gaming floors, safes, currency exchange counters, and financial control areas. Camera footage must be stored for a minimum of 180 days and made available to management agencies upon request.
Additionally, all players, including both Vietnamese citizens and foreigners, will be issued electronic identification cards, integrating basic information, access rights, and validity periods. These cards will serve as tools for crowd control, play statistics, and enhanced transparency in casino operations.
According to the draft decree, certain Vietnamese citizens will be prohibited from entering and participating in casino gaming activities, including:
– Individuals under criminal prosecution or investigation, indictment, or trial by Vietnamese or foreign prosecutorial agencies;
– Individuals with criminal records for national security offenses or other intentional crimes with sentences of over three years, who have not had their records expunged;
– Those currently on probation or serving suspended sentences;
– Individuals undergoing non-custodial reform or serving administrative handling decisions, such as educational measures at the commune/ward/town level.
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