CASINO LETTERRe: 5-Star Integrated Floating Casino Resort, Restaurant, Hotel and Member's ClubTo: Nummus Saigon Entertainment Group Limited CompanyThe Planning and Investment Department has received the document No.02/2015/CV – Nummus on 01/12/2015 from Nummus Saigon Entertainment Group Limited Company regarding the request for approval for the investment project “5-Star Integrated Floating Casino Resort, Restaurant, Hotel and Member's Club” to be developed in 2 locations being Hon Bip Island, Van Thang, Van Ninh District, Khanh Hoa Province and on the Saigon River in Ho Chi Minh City allowing Vietnamese citizens and foreigners players to gamble on the floating casino. After reviewing this document the Planning and Investment Department will approval 'Nummus Saigon Entertainment Group Limited Company' for the issue of the floating casino pilot license subject to 'Nummus Saigon Entertainment Group Limited Company' meeting the following conditions:In the document No.02/2015/CV – Nummus dated 12/01/2015 of Nummus Saigon Entertainment Group Limited Company does not attach files and documents relating to the project “5-Star Integrated Floating Casino Resort, Restaurant, Hotel and Member's Club”. Hence, in order to have a basis for approval by the relevant authorities for investment policy for the project, the Planning and Investment Department suggests Nummus provide sufficient related records and documentation in detail as follows:A Master Plan and case of the project belonging to the subject will need to demonstrate how Nummus will implement the project for a decision on the investment policy as stipulated in Article 30, Article 31, Article 32 of the Investment Law. We therefore propose the Company submits documents for obtaining the decision on investment policy stipulated in Article 33, Article 34, Article 35 of the Investment Law.In the case that the project does not belong to the subject they must implement the procedures for the decision on the investment policy, so it belongs to the subject that must obtain the certificate of investment registration under the provisions of Article 36 of the Investment Law, we propose the Company submit the documents as defined in Item 2 of Article 37 of the Investment Law.In the field of Floating Casino; the Planning Investment Department provides some information as follows:In the field of the floating casino, in case of the Company registers for the floating casino business we propose the Company refer the stipulation in Decree No.86/2013/ND-CP dated 29/7/2013 of the Government about casino regulations for foreigners and local – Circular No. 11/2014/TT-BTC dated 17/01/2014 of the Ministry of Finance guiding a number of articles of Decree No. 86/2013/ND-CP dated 29/07/2013 of the Government about Online Lottery and Online Gaming for foreigners, locals and other related documents.
Not withstanding Decree No.86/2013/ND-CP dated 29/07/2013, the Nummus floating casino project would be approved to operate live gaming tables up to maximum of 200 units and prize-winning electronic gaming machines up to 1,000 units to be provided for in the investment certificate based on the private members club and the floating casino investment.
Not withstanding Decree No.86/2013/ND-CP dated 29/07/2013, the Nummus floating casino project will be further permitted to allow local
Vietnamese to gamble on the floating casino although the pilot license would require the Vietnamese players to be members of the casino membership club to enter the floating casino.
The Planning and Investment Department informs the Company of their understanding and implementation to support
their application by the issue of this pre approval.
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