Update news casino

International football betting not allowed in Vietnam until laws are clear

Minister of Finance Ho Duc Phoc said a legal framework is needed for international football betting before the business is deployed in Vietnam.

Finance ministry to tighten casino supervision

The Vietnamese Ministry of Finance has asked local casino establishments to equip their venues with a working camera system for the ministry to properly supervise their operations.

Finance Ministry seeks to extend allowing Vietnamese people to gamble at Phu Quoc casino

The casino has paid VND1.73 trillion ($71.74 million) in taxes to the state coffers over the last three years.

Ministry proposes allowing Vietnamese to enter casinos until end of 2024

Vietnamese would be allowed to go to Phu Quoc Casino under a pilot program until the end of 2024 instead of this year-end if a proposal by the Ministry of Finance (MOF) is approved.

Casinos report losses

Because of the impact of Covid-19, revenue from casinos and attendance at casinos have declined. All nine casinos reported losses for 2021, according to the Ministry of Finance (MOF).

Two casino projects proposed in Da Nang, Khanh Hoa

Investors have asked for permission to establish a casino in the Sun World Ba Na Hills tourist area (Da Nang city) and another in the Hon Tre island service, tourism and entertainment areas (Khanh Hoa province).

Rules on business in prize electronic games for foreigners

The Ministry of Finance has issued a circular guiding the implementation of some articles of the Government’s Decree No. 121/2021/ND-CP on business in prize electronic games for foreigners in Vietnam.

HCM City seeks permission to open casinos, admit people aged 18 and above

The HCM City People’s Committee has asked to allow it to open casinos at 5-star hotels, admitting people aged 18 or higher who have sufficient behavioral capacity and financial capability.

In Vietnam, casino businesses operating at a loss

Already facing many difficulties, plus the impact of Covid-19, casinos in Vietnam are operating at a loss.

Provinces prepare to cash in with casino business proposals

In preparation for a full reopening of international borders, some Vietnamese provinces are proposing to build brand new casinos in an attempt to lure in new tourists after years of economic uncertainty in the tourism sector.

Finance Ministry proposes extending casino pilot program by two years

The Ministry of Finance (MoF) has proposed the Government extend the casino pilot program until 2024 due to the impact of the pandemic and add two casinos in Da Nang City and Khanh Hoa Province to the trial list.

Three localities propose opening casinos

Three localities have proposed new casino projects and to pilot allowing Vietnamese people to play.

More investors want to open casinos in Vietnam

The latest report of the Ministry of Finance to the Government has reflected the results of casino business activities of nine firms in Vietnam.

More casino projects in Da Nang, Khanh Hoa in the pipeline

Da Nang and Khanh Hoa have received support for their casino projects, but Binh Thuan has no support from the Ministry of Finance (MOF).

New rules regulate prize-winning electronic games for foreigners

The Government has issued Decree No. 121/2021/ND-CP on business in prize-winning electronic games for foreigners in Vietnam.

Khanh Hoa seeks to have casino on island

The Khanh Hoa provincial authorities are seeking permission to develop a casino project on Hon Tre Island in Nha Trang City.

Where can Vietnamese go to gamble?

Because of strict regulations, Vietnamese may feel uneasy if they visit casinos in Vietnam.

Revenue soars, but casinos in VN still taking a loss

Casinos are considered a ‘sensitive business’ in Vietnam. Though regulations have been loosened, they are still very strict.

Ministry aims to facilitate gambling industry

The Ministry of Finance has proposed amendments to the decree about casino businesses to create favourable conditions for investors.

How much have Vietnam’s casinos earned during Covid-19?

Since 2013, the state budget has collected VND1.9 trillion a year from casinos and prize-winning electronic games.