Gaming machines in foreigner-only casinos in Vietnam soon will be subject to a higher payout percentage.
Vietnam Breaking News reports that Decree 175/2016/ND-CP, which was issued on December 30, 2016, amends some clauses contained in the July 29, 2013-dated Decree 86/2013/ND-CP, according to the Asia Gaming Brief report. The new rules, which are part of the amended Decree, require that the slot machines must now offer a payout rate of no less than 90 percent. The new payout rate must also be added to software within the slot machine while still in the factory.
Recertification would be required if the casino operator either changes the payout percentage or the slot machine is serviced in a way which could potentially alter the new payout percentages, as to ensure the slot’s new percentage does not fall under 90 percent.
According to the report, companies chosen for the certification must operate in G7 countries.
While there are several casinos in the country, Vietnamese citizens are prohibited from gambling within its borders unless they possess a foreign passport. However, during a recent meeting with local authorities in Quang Ninh province, Prime Minister Nguyen Xuan Phuc announced that Vietnamese citizens will be permitted to gamble at two casino resorts, one in Van Don Special Economic Zone at Ha Long Bay North Vietnam and the other on Phu Quoc Island in South Vietnam, on a two-year trial basis.