Daily limits may discourage local gamblers
A new gaming decree will allow residents of Vietnam to gamble in several of the country’s casinos starting in mid-March. But Nguyen Hoang Hai, deputy chairman of the Vietnam Association of Financial Investors, says some players may find it difficult to prove their income, which is required before they gain entry.
The new legislation passed in January allows Vietnamese citizens over the age of 21 with a monthly income of more than VND 10 million (US$450) to enter select casinos in the country, reported the Asia Gaming Brief.
“There would be no problem for employees to prove their income, but it would be difficult for businessmen and freelancers to do this,” said Hai.
The daily gambling limit, which is set at VND1 million (US$45) per day has been viewed by some locals as “too low” and could even drive willing gamblers back across the borders, where they can play more freely, according to a report from VietnamNet Bridge.
“VND 25 million a month won’t be able to satisfy them. They would rather go gambling abroad than go to domestic casinos,” said the owner of a business in Hanoi.
