Headlines 22/11/2024 10:57 SA

Vietnam to extend pilot permission for Vietnamese citizens to play in casinos from November 4, 2024

Trần Thanh Rin

On November 4, 2024, the Government of Vietnam promulgated Decree No. 145/2024/ND-CP on amendments to Clause 2 Article 12 of Decree No. 03/2017/ND-CP on casino business.

According to the Decree, from November 4, 2024, the time for the pilot permission for Vietnamese citizens to play in casinos shall be extended as follows:

- Regarding the first casino-operating enterprises licensed by competent authorities to provide pilot permission for Vietnamese citizens to play in casinos, the pilot implementation time shall last until December 31, 2024.

Regarding other casino-operating enterprises licensed by competent authorities to provide pilot permission for Vietnamese citizens to play in casinos (if any), the pilot implementation time is 3 years starting from the issuance date of casino business eligibility certificates.

- Regarding the end of the pilot implementation, the enterprises mentioned above shall halt the permission for Vietnamese citizens to play in casinos until the Government of Vietnam promulgates a Decree on the termination or permission for Vietnamese citizens to play in casinos.

- The Ministry of Finance of Vietnam shall take charge and cooperate with the Ministry of Public Security of Vietnam, Ministry of Planning and Investment of Vietnam, Ministry of Culture, Sports and Tourism of Vietnam, State Bank of Vietnam, and People’s Committees of provinces and cities where enterprises are permitted to provide pilot permission for Vietnamese citizens to play in casinos in summarizing, assessing, and submitting reports to the Government for reports to competent authorities to consider deciding on the termination or continuation of the permission for Vietnamese citizens to play in casinos as follows:

+ For the first casino-operating enterprises licensed by competent authorities to provide pilot permission for Vietnamese citizens to play in casinos before November 30, 2024.

+ For other casino-operating enterprises licensed by competent authorities to provide pilot permission for Vietnamese citizens to play in casinos (if any) 60 days before the end date of the pilot implementation.

- The Government of Vietnam shall, based on the decisions of competent authorities, promulgate a Decree on the termination or permission for Vietnamese citizens to play in casinos.

See more details in Decree No. 145/2024/ND-CP , effective as of November 4, 2024.

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