Recently, the Government of Vietnam has issued Decree No. 86/2013/NĐ-CP on the business of prize-winning electronic games for foreigners.
According to Article 45 of Decree No. 86/2013/NĐ-CP of Vietnam’s Government, a fine of between VND 40,000,000 and 50,000,000 is imposed on enterprises that fail to keep books for management of prize-winning electronic game machines. Besides, fines for violations of regulations on management of prize-winning electronic game machines and equipment are specified as follows:
- A fine of between VND 60,000,000 and 70,000,000 is imposed on enterprises that purchase and manage spare equipment in contravention of law.
- A fine of between VND 90,000,000 and 100,000,000 is imposed on enterprises that purchase prize-winning electronic game machines, which do not fully satisfy the technical conditions prescribed by law, from manufacturers or suppliers not on the list announced by competent state management agencies.
Concurrently, additional sanctions are as follows:
- Confiscation of all violating prize-winning electronic game machines and equipment, for violations specified in Clauses 2 and 3 of this Article;
- Deprivation of the right to use business eligibility certificates for between one (1) month and two (2) months, for administrative violations specified in Clause 2 of this Article;
- Deprivation of the right to use business eligibility certificates for between three (3) and six (6) months, for administrative violations specified in Clause 3 of this Article.
View details at Decree No. 86/2013/NĐ-CP of Vietnam’s Government, effective from October 01, 2013.
Ty Na
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