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Vietnam lifts casino ban for locals under strict conditions

In Vietnam, only foreigners are allowed to gamble in the casinos that are currently operating in the country.

But since June of last year, steps were being taken to overturn this rule and allow locals to play in their homeland.  According to studies, Vietnam was losing about US$800 million in tax returns with Vietnamese having to go abroad to scratch their gambling itch.

A three-year trial

The government has announced a three-year trial allowing local residents to gamble at two select casinos (still under construction) in the provinces of Van Don District, and Phu Quoc Island of the southern province of Kien Giang.  

In addition to these two locations, the Grand Ho Tram Strip can apply to be part of the pilot program since “the government retains an option to cancel (or even expand)” the scheme.

Phu_quoc_plage_sao__1485148357_87672
Phu Quoc

Strict conditions

This permission comes with strict conditions that locals will have to comply with:

  • They have to be 21 years of age or above
  • They must present Proof of Income equivalent to VND10 million (US$440) or more
  • They must pay an entry fee of VND1 million ($44) per person per day, or VND25 million ($1,100) per person per month
  • There must be no official request from any family member (i.e. parents, spouses, children, or even parents-in-law)  to bar them from gambling

It is also stipulated that locals who have a criminal record or are under prosecution cannot gamble at the casinos.

The Vietnamese government published on Friday a 50-page decree that provides the details of the three-year trial . The text is supposed to come into effect on March 1.

Article by Gabrielle Bareddo

Louis Hartwell

Louis Hartwell

Graduated in Media Communication at the University of Lausanne, Louis Hartman is a co-founder of somuchpoker.com. He began his career in Cambodia as freelance journalist. In same time he was making his living by playing poker every night at that time. Intense learner, he read dozens of poker strategy books to improve his skills during many years. With a strong interest about poker "behind the scene" in Asia and his communication skills, Louis launched Somuchpoker in 2014.

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Somuchpoker.com is a news site dedicated primarily on the poker community living in the Asia Pacific region. Founded by poker players based in South East Asia in 2014, Somuchpoker’s main goal is to provide the latest poker news and information from around the world, with greater focus on the happenings in the Asian Market. It covers news from Down-Under to the tropical paradise of South East Asia, to the Land of the Rising Sun and even gets the hottest news from the most secret corners of Mainland China. Somuchpoker is currently the 1st Source of poker information in Asia. Check more

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