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Vietnam to Allow Locals to Gamble First at 2 Casinos, Says Advisor

Tuan Minh
BizLIVE - Vietnamese casinos are barred from allowing local citizens to access their gaming floors, but a government advisor has revealed that the longstanding policy will change next month.
Vietnam to Allow Locals to Gamble First at 2 Casinos, Says Advisor
Vietnamese can enter casinos next month.
The Vietnamese government, in a trial plan, is likely to permits economically-qualified locals to gamble in the first two integrated resorts of the country, said Augustine Ha Ton Vinh, an advisor to the government on liberalizing the country’s gaming industry.
“At this moment, it is an integrated resort in Van Don [the northern province of Quang Ninh] and one in Phu Quoc Island [in the southern province of Kien Giang] that will be allowed to accept Vietnamese betting,” Vinh said last week at a panel moderated by GGRAsia at the MGS Entertainment Show (MGS), a casino industry trade show and conference in Macau.
Augustine Ha Ton Vinh. Photo: GGRAsia 
The Van Don entertainment complex, currently known only as a “high-end hotel and resort,” is currently under construction. The $2-billion venue is scheduled to open in 2025. Meanwhile, the $4-billion Corona Resort and Casino will commence operations much sooner, next spring.
Vinh tipped that two more casinos which are in Ho Tram and Hoi An, have already have their license approved while there are three more in the pipeline.
Vietnam is home to almost three dozen casinos, but the vast majority of them are small gaming facilities inside hotels that feature just a few slot machines and table games. The first full-fledged integrated casino resort to open was the Grand Ho Tram Strip in 2013.
The Vietnamese government in January issued a decree allowing locals to play at casinos in the next three years if they meet certain requirements.
The Ministry of Finance has issued a circular saying that from next month, Vietnamese that have good records and regular income higher than 10 million dong ($440) per month can gamble at indicated casinos.

TUAN MINH