GAMBLERS ALLOWED PAYING BY BANK CARDS IN A CASINO
This content is prescribed at the Circular No. 10/2017/TT-NHNN guiding the foreign exchange management for casino business issued by the State Bank of Vietnam on August 30, 2017.
In particular, A casino enterprise may accept bank cards of gamblers for exchange for tokens when they play prize-winning games in a casino. It may only receive cash in Vietnamese Dong from an acquiring bank. A casino enterprise and gamblers shall themselves carry out an agreement on use of bank cards in casino business.
Also in accordance with this Circular, a foreign gambler may receive the prize money in either foreign currency or Vietnamese Dong in foreign currency or in foreign currency. A foreign gambler may authorizes the casino enterprise to contact the licensed bank to pay cash in foreign currency or transfer money in foreign currency or apply for a written certification of cash in foreign currency carried abroad. A Vietnamese gambler may receive the prize money in Vietnamese Dong.
This Circular takes effect on October 15, 2017.
