Việt Nam
Vietnam proposes doubling casino entry levy for locals instead of proof of income
Vietnam’s Ministry of Finance is proposing to increase the casino entry levy on locals by 2-2.5 times instead of requiring proof of income.
This comes amongst a trial scheme to allow locals to gamble in specific venues in the country – currently limited to Corona Resort & Casino.
The proposed measure would double that of daily entries to VND2.5 million ($95), while that of monthly passes would increase by 2.5 times to VND50 million ($1,900).
The ministry indicated to media that punters have found it difficult to provide documentation regarding their income, particularly when sporadically pursuing the activity.
The proposed changes also would require casinos to retain customer data for a minimum of five years for review and verification.
The move comes as Vietnam ponders extending the finished local gambling pilot program in Phu Quoq as well as allowing locals entry to a future integrated resort in Van Don (Quang Ninh province).
Van Don recently was approved for an IR project with a casino, which mandates a $2 billion investment for a 70-year license.
Source: AGBrief
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