Vietnam’s first ever casino goes live for locals

Vietnam’s residents got an opportunity to gamble in their own country at a brick-and-mortar casino — at least during a three-year test period — at the newly opened Corona Casino on Phu Quoc Island. But there will be restrictions on who can play.

The property was built by Phu Quoc Tourism Investment and Development Jsc., a company half-owned by Vietnam’s largest conglomerate, Vingroup. The developer invested more than $2.1 billion into the luxury hotel and casino resort.

Aside from foreigners, Corona Resorts and Casino will also admit locals to its gaming floor. While casino gambling is legal in Vietnam, residents of the country have been banned from gambling at its existing facilities for years.

Under the rules of Corona Casino, Vietnamese tourists who want to enter the casino will have to pay an entrance fee of VND1 million ($43.2) a person for 24 hours, which will be added to the budget of Kien Giang province.

In addition, Vietnamese tourists must bring identification documents confirming players aged from 21 or above, documents proving that the player earns a regular income exceeding VND10 million ($432) per month as monthly payroll, saving accounts or bank statement, etc.

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