Vietnam issues decree for casino gambling by locals . 23-01-2017 | . The Vietnamese government published on Friday a decree that paves the way for selected domestic casinos to accept bets from Vietnamese gamblers, for a trial three-year period. The Ministry of Finance (MoF) is currently revising Decree No.03/2017/ND-CP governing the casino business in Vietnam to cut a number of investment conditions on segments such as casinos, lotteries, and betting. If approved, this revised decree will expectedly be a boon for investors implementing registered projects. This Decree provides for casino business and the management thereof and penalties for administrative violations against regulations on casino business in Vietnam. 2. Regulated entities: a) Casino-operating enterprises; b) Persons allowed to play in casinos and persons allowed to enter casinos as prescribed in this Decree; The Government has recently issued Decree No. 03/2017/ND-CP on casino business operations dated 16 January 2017 (“Decree 03”). Decree 03 will come into force on 15 March 2017. Casino operations include the operation of gambling machines and gaming tables. Permission for locals to game at casinos in Vietnam. As a 3−year pilot scheme, Decree No. 03 allows locals - meaning Vietnamese citizens residing in Vietnam who are 21 or older and who have a THE GOVERNMENT THE SOCIALSIT REPUBLIC OF VIETNAM Independence - Freedom - Happiness No.: /2012/NĐ-CP Hanoi,….2012 DRAFT DECREE On casino business THE GOVERNMENT Pursuant to the Law on organization of Government dated 25 December 2001; Pursuant to the Law on Enterprises dated 29 November 2005; Vietnam issues decree for casino gambling by locals Jan 23, 2017 Newsdesk Latest News , Rest of Asia , Top of the deck The Vietnamese government published on Friday a decree that paves the way for selected domestic casinos to accept bets from Vietnamese gamblers, for a trial three-year period. Vietnam’s casinos will soon be required to adopt new measures that ensure all transactions and winnings are properly recorded and stored for security and tax collection purposes, local media reports. The Ministry of Finance Decree No. 3 is set to take effect on February 12, 2018, with the aim of ensuring that casinos are run […] Online Casino Laws in Vietnam. In the lack of specific online casino laws in Vietnam, the Decree No. 03/2017/ND-CP comprises the base of Vietnam’s legislation regarding gambling and online gambling. As it is widely considered that it prohibits online gambling in the country, there are online casinos as of April 2020. Up until a decree was finally issued in January 2017, after about a decade of waiting, only people with foreign passports could play in Vietnam's casinos and e-gaming clubs. Locals have had permission to gamble in the casinos since the decree became official in March, but as of late July, casinos were not admitting them because operators have not been given guidance from the Ministry of Public Security.
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