On January 16, 2017, the Government of Vietnam issued the Decree No. 03/2017/NĐ-CP on casino business in Vietnam.
According to Article 3 of the Decree No. 03/2017/NĐ-CP of Vietnam’s Government, casino business is a conditional business subject to the strict control by competent authorities to assure that such business is compliant with this Decree and relevant law provisions. Only enterprises having the Certificate of eligibility for casino business issued according to this Decree and enterprises specified in clause 1 Article 62 of this Decree shall be allowed to run a casino business.
- Casino business shall be combined with the main business of the enterprise to enhance the development in tourism and commerce, vary the forms of entertaining, improve the spiritual life and attract tourists; ensure the security, national defense, social order and safety, social ethics and community health.
- The organization of and participation in prize-winning games must ensure the transparency, objectiveness and honesty, ensuring the lawful rights and interests of relevant parties.
- Organizations and individuals related to the organization of and participation in prize-winning games must comply with this Decree and relevant law provisions.
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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