Acts of violation of the law on lottery business in Vietnam under current regulations

Acts of violation of the law on lottery business in Vietnam under current regulations (Internet image)

Regarding this issue, LawNet would like to answer as follows:

1. What is lottery business?

According to Clause 1, Article 2 of Decree 30/2007/ND-CP, lottery business means business activities based on events with random results, which are organized on the principle that a lottery business enterprise collects customers money for participation in winning prizes and pays prizes to prizewinners.

2. Acts of violation of the law on lottery business in Vietnam under current regulations

Specifically, Article 29 of Decree 30/2007/ND-CP stipulates acts of violation of the law on lottery business in Vietnam as follows:

- Prohibited acts specified in Article 6 of Decree 30/2007/ND-CP.

+ Illegally conducting lottery business in any forms or by any means.

+ Using results of lottery issued by lottery business enterprises to organize prize-winning programs.

+ Issuing foreign lottery tickets to domestic organizations or individuals.

+. Falsifying winning results.

+ Using state money to participate in lottery drawing.

+ Making fake lottery tickets in any forms.

+ Using lottery for money laundering.

+ Other acts as provided for by law.

- Violation of regulations on issuance and distribution of lottery tickets.

- Violation of regulations on lottery draws and payment of prizes to customers.

- Violation of regulations on lottery advertisement and sales promotion.

- Violation of regulations on financial management, accounting, statistics and audit.

- Violation of competent state agencies' regulations on grant of business eligibility certificates, inspection, examination and supervision.

- Illegal competition.

- Supply of untruthful information, data or reports.

- Other acts as provided for by law.

3. Principles of lottery business in Vietnam

Principles of lottery business specified in Article 3 of Decree 30/2007/ND-CP (amended in Decree 78/2012/ND-CP are as follows:

- Lottery is a conditional business, subject to the control from competent State agencies, aiming to satisfy the demand for recreation and earning legitimate income of people, and ensure social security and order.

Only enterprises licensed to do lottery business by competent State agencies may do lottery business.

- Lottery business shall be conducted in a transparent, objective and honest manner, and ensure protection of the rights and interests of involved parties.

4. Responsibility of lottery enterprises in Vietnam

Responsibility of lottery enterprises include

- To observe state regulations on lottery business.

- To conduct lottery business strictly according to the rules publicized to customers.

- To make full and timely payment of prizes to prizewinners; to keep secret information on prize winning and prize receipt at the request of prizewinners.

- To fulfill tax and financial obligations towards the State and observe the provisions of law in the course of conducting business.

- To cooperate with local State management agencies in disseminating and recommending their participants to control the extent of participation in lottery.

(Article 4 of Decree 30/2007/ND-CP (amended in Decree 78/2012/ND-CP)

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