Circular does not specify which of seven casinos to allow local patronage
A cicular issued by the Ministry of Finance last week states that a Vietnamese citizen may be permitted to enter a casino to gamble if they show a minimum income of VND10 million (US$440), with the new rules set to come into effect on December 1, 2017.
At long last, Vietnamese locals will finally be able to gamble at selected casinos in the country starting from next month, although the government circular also stipulates that enterprises must open books or issue electronic cards to keep track of people who are allowed to enter the casino, amongst other record keeping requirements.
While Vietnamese citizens already received the green light to gamble in local casinos earlier this year, local residents have yet to set foot into any gaming venue due to lack of a guiding circular. The circular also did not clarify which casinos will be allowed to take in locals but it is reported that only those with a total capital investment of US$2 billion or more will be eligible. There are currently seven casinos operating in Vietnam with another three under construction and two more proposed. (E-11.07.17)