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Can foreigners play casino in Vietnam?

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Can foreigners play casinos in Vietnam? What conditions must a casino business location meet? Casino is a popular kind of entertainment for tourists. However, the Vietnamese legislation strictly regulates this kind of entertainment business. So, in this article LSX legal firm would like to answer the question: “Can foreigners play casino in Vietnam?”

  • Decree 03/2017/ND-CP

Casino

The casino is one of the most attractive gambling activities and attracts the most participants. Besides, the casino also divided into many different games, so players can freely choose to participate in the game they like. Also, the casino is known as a gambling game that is highly entertaining and helps players make a lot of money in a short period of time.
It is still not clear when the casino was born and how many years it has been established and developed. However, casinos will accompany people’s lives forever for sure. In the past, people could only play in the casinos’ locations. However, thanks to the development of modern technology, players can freely play online casinos anytime, anywhere.

Can foreigners play casino in Vietnam?

According to Article 11 of Decree 03/2017/ND-CP:

Article 11. Persons allowed to play in casinos

1. Any foreigner or Vietnamese overseas citizen who has a foreign passport issued by a foreign authority and a valid laissez-passer and lawfully enters Vietnam.

2. Persons defined in clause 1 of this Article who have full legal capacity according to Vietnam’s laws and willingly comply with the game rules, the casino’s rules and provisions of this Decree.

Thus, foreigners can participate in casino games in Vietnam when they have a foreign passport issued by a foreign competent authority, a valid passport, legally enter Vietnam, have the full civil capacity, and voluntarily abide by the rules of the game.

What conditions must a casino business location meet?

Firstly, a casino operating enterprise may only run a casino business at a sole facility licensed by a competent authority according to laws.
Secondly, the casino shall be located separately from other business areas of the enterprise:
a) Have a separate entrance and exit doors;
b) Have electronic equipment and cameras for constant surveillance and control of all the activities in the casino (24/7), where the following essential positions shall be under surveillance: entrance and exit doors, locations of gaming machines, gaming tables, cashier area, areas for counting and storing cash and tokens. Records from electronic equipment and camera system at essential positions shall be retained for at least 06 months from the time of recording. In case of necessity, the retention duration may be extended at the request of the competent authority;
c) Have security staff, sufficient equipment, and routes for security and fire safety according to relevant law provisions. Requirements for and tasks of security officers shall be conformant with Decree No. 06/2013/ND-CP dated January 09, 2013, by the Government and amending and replacing documents (if any); and
d) Post the rules for entering or leaving the casino in Vietnamese, English, and other languages (if any) at a noticeable place at the entryway of the casino.

Conditions for casino business for Vietnamese people

Casino business enterprises can only organize casino business at one location, licensed by a competent state management agency for the casino business. Casino business locations must comply with the conditions prescribed by law.

Also, granted investment registration certificates for service zone projects; tourism, and general entertainment with the casino.

On the other hand, businesses need to meet the following conditions:

  • Has been approved by the competent authority on the policy of allowing the project to have a casino.
  • Casino business activities may only granted an Investment Registration Certificate attached to a project of general service, tourism, and entertainment zones with minimal investment items such as hotels, resorts, tourism, commercial, entertainment, and convention center.
  • The minimum investment capital of the project: 02 billion USD.
  • There are feasible plans and measures suitable to Vietnam’s conditions in order to control and limit the negative impacts of casino business activities.

Conditions for casino business in Vietnam for foreigners

  • Firstly, having licensed by a competent authority to establish and operate a tourist accommodation establishment in accordance with the Law on Investment and the Law on Enterprises.
  • Secondly, enterprises whose tourist accommodation establishments rated from 5 stars or high class or higher ranked by competent state management agencies in accordance with the provisions of the Law on Tourism and guiding documents.
  • Thirdly, having an area to arrange a business point that fully meets the conditions prescribed by law.
  • Fourthly, satisfy security and order conditions for conditional business lines.
  • Having a manager or executive with good ethics, having at least a university degree or higher, at least 03 years of experience in managing prize-winning video game business, and not belonging to the cases that prohibited from establishing and managing enterprises in accordance with the law.
  • Having sufficient financial capacity, in the fiscal year immediately preceding the year the enterprise submits the application for the Certificate of business eligibility, the business enterprise is profitable and has no accumulated losses.
  • Have sufficient financial capacity. Also, the business has made profits and has no accumulated loss in the fiscal year preceding the year the enterprise submits the application for the Certificate of business eligibility.
  • Lastly, having an effective business plan for prize-winning electronic games, and ensuring the maintenance of security, social order and safety in accordance with the law.

LSX legal firm provides legal services to clients in various legal areas. To make your case convenient, LSX will perform:

  • Legal advice related to new regulations;
  • Representing in drafting and editing documents;
  • We commit the papers to be valid, and legal for use in all cases;
  • Represent to submit documents, receive results, and hand them over to customers.

With a team of experienced, reputable, and professional consultants; The firm is always ready to support and work with clients to solve legal difficulties.

Furthermore, using our service, you do not need to do the paperwork yourself, We guarantee to help you prepare documents effectively and legally.

Also, you will not have to waste time preparing the application, submitting application, or receiving results. At those stages, we will help you do it smoothly.

After all, LSX provides the service with the desire that customers can experience it the best way. Additionally, we guarantee the cost to be the most suitable and economical for customers.

Types and categories of prize-winning games in casino?

1. A casino-operating enterprise shall provide only 02 types of prize-winning games through a gaming machine or a gaming table.
2. The enterprise may decide the types and/or categories of the prize-winning game that it actual provides which must not exceed the number of gaming machines and/or gaming tables stated in the Certificate of eligibility for casino business or the Certificate of investment registration, applicable to enterprises specified in clause 1 Article 62 of this Decree.

Audit and disclosure of financial statements of casino business?

1. Annual financial statements of casino-operating enterprises must be annually audited.
2. At the end of a fiscal year, casino-operating enterprises shall disclose their financial statements according to law.

Operation time of casino according to the law?

The permitted operation time of an enterprise is all days in a year, excluding days on which the business operation is suspended under decisions of competent authorities. The enterprise shall post publicly at the casino its operation time.

Contact LSX

Finally, hope this article is useful for you to answer the question about “Can foreigners play casino in Vietnam?”. If you need any further information, please contact  LSX Law firm+84846175333 or Email: [email protected]

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