New regulations on electronic games for foreigners
The Government has issued Decree 175/2016/ND-CP (Decree 175) to amend and supplement some articles of Decree 86/2013/ND-CP, dated July 29, 2013 on business in prize-winning electronic games for foreigners.
 |
| illustration photo |
Accordingly, Decree 175 amended and supplemented some regulations on electronic game equipment. Especially, electronic game machines must be brand new with technical parameters which were verified by G7-based independent organizations.
Payout rates of slot machines have to account for at least 90% and be installed already on the equipment.
Enterprises are allowed to maintain and repair depraved machines without intervening payout rate. They have to hire independent organizations to verify broken machines in case components affect payout rates.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Pending issues will be ironed out on regulations around EPR (April 05, 2024 | 11:37)
- Revised Land Law expected to drive remittances to real estate market: Experts (April 03, 2024 | 16:33)
- CPTPP milestone marks nation’s economic integration (April 03, 2024 | 09:38)
- Wide-ranging agreement opens up more diverse trade channels (April 03, 2024 | 09:21)
- Lessons in wealth management and suitable directions for Vietnam (April 01, 2024 | 09:14)
- Logistic predictions in 2024 (March 29, 2024 | 09:31)
- Concerted effort to capitalise on investment trends (March 27, 2024 | 15:00)
- Vietnam’s retail market takes on much-needed green journey (March 20, 2024 | 10:02)
- Vietnamese economy proceeding as predicted: experts (March 19, 2024 | 14:59)
- Manufacturing trends to watch to help respond dynamically to the market (March 19, 2024 | 10:28)
Mobile Version