Vietnam

While Vietnamese citizens will be able to gamble at certain domestic casinos come mid-March, proving they meet the minimum income requirement will be difficult for some.

Vietnam has confirmed certain designated integrated resorts will allow locals to gamble for a three-year trial basis as part of the government’s new regulations for the industry.

Vietnamese punters will finally be able to place wagers on international football matches from the end of March as a result of a new decree release by the government on Friday.

In mid-January 2017, Vietnam lifted its long-standing ban on domestic gambling, allowing Vietnamese locals to finally enter select casinos in the country.

There is a chance that Vietnam’s Ho Tram casino may be approved as a location for Vietnamese gambling, say industry experts.

Vietnam has officially lifted its long-standing ban on gambling, with locals allowed to enter two selected casinos in the country starting mid-March.

Lottery sales in Southern Vietnam increased 8.1 percent to VND 66.68 trillion ($2.9 billion) in 2016. A total of 856 million lottery tickets were sold via the region’s 21 lottery firms. Combined profit between the firms are estimated to be around VND 8.8 trillion.

ACDL executive chairman and CEO Michael Kelly has been elected as Vice Chairman of the AmCham Vietnam Board by his fellow governors.

HK-listed Success Dragon International Holdings Ltd. says it is considering investing in a company engaged in renewable energy.

Vietnamese locals will be required to meet a certain monthly income level in order to be permitted to gamble at local casinos, according to the latest draft decree.

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