What is the gambling law in Vietnam?
The primary law governing gambling in Vietnam is the Law on Gambling, which broadly prohibits gambling activities for Vietnamese citizens. This law has been in place for many years and imposes strict penalties for violations, including fines and imprisonment. However, the government has shown a willingness to relax these restrictions in a controlled manner.
A pilot program, initially launched several years ago and recently extended for another five years, allows Vietnamese citizens to gamble in designated casinos, provided they meet certain criteria, including paying a substantial entrance fee. The casinos currently part of this program include the Corona Resort & Casino in Phu Quoc, with plans to include The Grand Ho Tram and Van Don Integrated Resort.
This program is a significant departure from the previous blanket ban and indicates a potential for future liberalization of the gambling market in Vietnam.
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