Vietnam's government maintains tight control over most types of gambling due to the country's convoluted and stringent gaming rules. The following is a brief explanation of Vietnam's gambling laws:
- Gambling Act of 2017: Lotteries, horse races, and sports betting are all legalized and regulated under the Gambling Act of 2017. This law provides very strict regulations that make it very difficult for Vietnamese residents to engage in either form of gambling.
- Decree 03/2017/ND-CP: Betting on horse and greyhound races, as well as international soccer, is governed under a 2017 order. It does not specifically address live casinos, but it does show the government's intent to regulate and oversee the gaming industry.
- Pilot Program for Casino Access: The Vietnamese government announced in 2017 a trial program enabling Vietnamese people to enter and play at a few land-based casinos for a charge and a minimum monthly income. While live casinos and online gambling are prohibited in Vietnam, this program provides an exemption for those individuals who qualify.
- Foreign-operated Online Casinos: Although online gambling is not specifically regulated in Vietnam, several offshore online casinos do allow players from Vietnam. These offshore sites often possess licenses from respectable nations like Malta, the United Kingdom, or Curacao, and are thus exempt from Vietnam's stringent gambling restrictions. When looking for the best online casino in Vietnam, Vietnamese players should prioritize finding one that is both reputable and legally operating in their country.
- Internet Censorship: The Vietnamese government imposes strict internet censorship, prohibiting access to any and all sites it considers dangerous or undesirable. This includes online gambling sites. Many Vietnamese gamblers, however, use VPNs or proxy servers to get over these restrictions and play at live casinos online.
- Payment Restrictions: Transactions involving online gambling are banned from being processed by banks in Vietnam. Because of this, many gamblers who frequently play at the best Vietnamese casino site instead use e-wallets, cryptocurrencies, or even overseas bank accounts to finance their gaming.
Despite the country's strict regulatory framework, an increasing number of Vietnamese gamblers are visiting overseas live casino sites Vietnam that can meet their demands. However, as the iGaming industry develops and the potential economic advantages become clear, there is a chance that the government's stance on live casinos would soften. For the time being, Vietnamese gamers should prioritize selecting reputable overseas top live casinos in Vietnam that are licensed by appropriate authorities.