Friday , April 26 2024

Ministry suggests monthly income cap of $424 for Vietnamese to play in casinos


Any Vietnamese person that wants to gamble in a casino must show monthly earnings of at least VND10 million (US$424), the Finance Ministry proposed to the government.

The income cap proposal is stated in a draft amendment to a decree, which was issued by the government in 2017 to regulate the operation of casinos in Vietnam.

The proof of income must include the monthly payroll report or a document issued by the employer to indicate the monthly earnings certified by the employer for the last three months from the date of entering the casino; the monthly income certificate; and bank records.

In addition, gamblers could also use their bank savings book or online savings account, or records of their deposits at a bank for one year or more that prove the person can generate monthly interest of VND10 million as income proof, the ministry suggested.

Casinos must keep records of players’ income for five years.

There are currently nine casino projects in the country that are allowed to operate. They are located in the provinces of Quang Ninh, Hai Phong, Lao Cai, Quang Nam, Ba Ria – Vung Tau, Da Nang City and Phu Quoc Island City off the southern Kien Giang Province.

Among these, the casino on Phu Quoc Island is the only place in the country where Vietnamese can play on the condition that they must be 21 years old and older.

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