05 requirements for issuance of the Certificate of eligibility for casino business in Vietnam

According to Article 24 of the Decree No. 03/2017/NĐ-CP of Vietnam’s Government, requirements for issuance of the Certificate of eligibility for casino business include:

1. The enterprise has the Certificate of investment registration or decision on investment policy issued by a competent authority which covers casino business;

2. At least 50% of the total investment in the project which has been registered in the Certificate of investment registration or the decision on investment policy has been disbursed;

3. The location of the casino fully satisfies the following requirements:

- Have separate entrance and exit doors.

- Have electronic equipment and cameras for constant surveillance and control of all the activities in the casino (24/7). Records from electronic equipment and camera systems at essential positions shall be retained for at least 06 months from the time of recording.

- Have security staff, sufficient equipment and routes for security and fire safety according to relevant law provisions.

- 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.

4. There are persons in charge of managing or controlling the casino who has at least a university degree and at least 01 year' experience in the management of casino business and is not prohibited from establishment or management of an enterprise according to laws;

5. There is a casino business project containing information of the enterprise, information of the implementation of the investment project, expected time limit for running casino business, expected number of gaming machines and/or gaming tables, categories of prize-winning games to be provided, assessment of business efficiency, expected needs for foreign currency receipt and spending, measures to assure social security, order and safety of the casino and plan for implementing the project.

Each project on a casino-included entertainment complex may be granted only 01 Certificate of eligibility for casino business and such Certificate shall be issued to the enterprise registering for implementing the investment project specified in the Certificate of investment registration or the decision on investment policy.

Besides, before inaugurating a casino business, the enterprise shall have fulfilled the security and order conditions applicable to casino business as prescribed by laws.

View more details at the Decree No. 03/2017/NĐ-CP of Vietnam’s Government, effective from March 15, 2017.

Ty Na

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