Prize-Winning Electronic Gaming for Foreigners: Business Conditions

Quick answer: Prize-winning electronic gaming for foreigners is a specially conditional business line, permitted only at business points located in 5-star tourist accommodation establishments (or integrated service, tourism and entertainment complexes with a casino) and requiring a Certificate of eligibility for business issued by the Ministry of Finance (Decree 121/2021/ND-CP).

Legal Basis

• Decree 121/2021/ND-CP on prize-winning electronic gaming for foreigners (replacing Decree 86/2013/ND-CP).

Business Conditions

• Business point located in a 5-star hotel or an integrated service, tourism and entertainment complex licensed for casino operations;
• Meeting conditions on capital, business plan, management and supervision systems;
• Having a plan to ensure security and order and to prevent money laundering;
• Being granted a Certificate of eligibility for business by the Ministry of Finance.

Eligible Players

• Foreigners legally entering Vietnam;
• Overseas Vietnamese holding foreign passports;
• Not permitted: domestic Vietnamese citizens (except as otherwise piloted for casinos);
• Players must be 21 years or older with full civil act capacity.

Obligations of the Enterprise

• Strictly control who enters the business point;
• Implement anti-money laundering measures as prescribed;
• Pay taxes in full: special consumption tax, CIT and other financial obligations;
• Report periodically to the managing authority.

If you need to determine the appropriate approach for your specific situation, you should consult a lawyer first to have your dossier reviewed and receive advice on handling options.

For prompt consultation, please contact our lawyers at 0966.475.966.

Related Articles

• Conditions for Casino Business in Vietnam
• What Are Conditional Business Lines?
• Sanctions for Violations in Prize-Winning Gaming Business