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Update news gambling
While Vietnamese state management agencies still argue about whether to allow Vietnamese to go to domestic casinos, Vietnamese transfer hundreds of millions of dollars abroad every year and spend money at casinos.
The Ministry of Finance (MOF), which is drafting a government decree on casino business management, has once again barred Vietnamese from entry. Only foreigners and Viet Kieu (overseas Vietnamese) would be allowed to enter casinos in Vietnam.
VietNamNet Bridge - After many failures with racecourse projects, Hanoi is again considering developing a formula 1 race course and allowing betting in order to increase city revenue and put the business under control.
VietNamNet Bridge – Regular members at casino clubs must have a minimum monthly income of VND15 million, while current players must show they have assets of an equivalent value.
The Supreme People's Procuracy of Vietnam on July 29 decided to prosecute six Dong Nai FC players, who had been arrested for match fixing after a V-League match, for gambling and organising gambling.
VietNamNet Bridge – Three vice chairs of the National Assembly have unexpectedly recommended that Vietnamese nationals be admitted to casinos, thus breathing life back into the dreams of some developers.
The casinos in Vietnam would target four groups of clients – Chinese, foreign travelers, expatriates and maybe Vietnamese (if the government lifts the bar to Vietnamese in the future). Of these, Chinese players offer the most lucrative opportunities.
VietNamNet Bridge – Casinos in Vietnam must have a registration book to track their visitors. In the case they let Vietnamese players gamble, they will be fined from VND180 to VND200 million ($9,000-10,000).
VietNamNet Bridge – Chairman Nguyen Cong Tien of Xuan Yen Commune in the central province of Thanh Hoa was filmed while playing cards. The clip was sent to the higher authorities and relevant agencies.
VietNamNet Bridge – The first lunar month is the month for leisure activities, bonus games, thus, have been mentioned recently.
On January 7, the District 1 People's Court, HCM City made the final decision on the unprecedented lawsuit between the plaintiff - Mr. Sam Ly and the defendant – Dai Duong JV (owner of the Sheraton Saigon Hotel).
VietNamNet Bridge – The highest gambling win at a casino in the world so far is $40 million, and this record can be broken when the court’s judgment on Mr. Ly Sam’s $55 million lawsuit is executed.
VietNamNet Bridge - One of the biggest gamblers ever at the Do Son Casino is Ngo Xuan Phuong, a Vietnamese Japanese, who is believed as a transnational drug trafficker.
VietNamNet Bridge – At 1.30pm on November 29, more than 200 police officers stormed a motel in Dinh Bang Ward, Tu Son Town, Bac Ninh Province. They caught more than 100 gamblers in the act and seized several billion dong.