Billion Dollar Boost to New Zealand Gambling

Published January 7, 2010

Billion Dollar Boost to New Zealand Gambling

Despite the moratorium on issuing new casino licenses, one enigmatic developer is forging ahead with a massive project.

New Zealand is home to a handful of stellar bricks and mortar casinos and judging by recent news, this is set to continue. It recently emerged that a developer is planning on developing a billion dollar casino in the heart of Wellington, in Shelly Bay.

Gambling laws not an issue for now
A thorn in the side of new casino developments is the issue of no new licenses being issued according to current New Zealand gambling laws. With only a few casinos in New Zealand in operation in cities like Queenstown, Dunedin, Christchurch, Hamilton and Auckland, a new casino in Wellington is certainly not on the cards. But that certainly hasn't put a damper on the spirits of the intrepid developer.

2010 looks to be the year of change
The addition of the Shelly Bay casino would entail a dramatic change to the present gambling laws. As recently as the late 1990s a proposal to build a casino in Wellington was put under pressure from locals and then scrapped 7 years ago. Shelly Bay is a magnificent locale and one which has long courted the inquiring eyes of entrepreneurs.

From prison to palace
The venue for the new mega-casino is a 4.5 hectare grid which is presently occupied by Wellington Prison. Architects and developers are looking to transform the penitentiary into a luxury casino, perched atop a steep hill overlooking the picturesque surrounds. Despite the proscribed legal tenets regarding new casino licenses, the developers are marching on - full steam ahead.

Mentioned in this article

See also

New Zealand Court: Poker Is Not Gambling

Online Gambling in the Pipeline?

New Zealand Online Gambling

New Zealand Gambling Commission

New Zealand Online Casinos and Gambling


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