Vietnam will allow local residents to gamble in two casinos as part of a three-year trial, according to a local industry watcher.
Vietnam has been tinkering with its new gambling legislation for years now, and the most recent updates showed the Ministry of Finance reversing course on its earlier plans to relax the longstanding ban on local residents entering gaming establishments.
But in a recent interview with Yogonet, Stellar Management CEO Augustine Ha Ton Vinh claimed that the government had “decided to allow Vietnamese to enter two designated integrated resorts, one on the Van Don Island, Ha Long Bay, in the North and the other on Phu Quoc island in the South.” Vinh said this experiment would run for three years in order to gauge the impact on society.
According to Vinh, the most recent draft of Vietnam’s gaming legislation will restrict casino entry to local residents over 21 years of age with no criminal record and who can prove a monthly salary over US $500. However, family members can complicate this process if they can demonstrate that the individual’s gambling would pose potential harm to the family.