Two More Casinos for Tasmania

Across Australia, lawmakers are eager to draw more tourists in and casino resorts seem to be the most popular destinations for international visitors. That’s why we’ve been hearing so much about new casinos being built in Brisbane and Sydney – and now, Tasmania may also be home to new gambling venues.

According to reports, Tasmania will be the next state to build new casinos. Lawmakers announced their plans earlier this week, as they decided that it would benefit the economy to expand the local gambling market beyond Federal Group’s Wrest Point and Country Club casinos.

Federal Group has exclusivity in the Tasmanian gambling market until 2023. The operator would like to extend its agreement but this is unlikely, as the government seems committed to granting new gambling licenses. To sweeten the deal, Federal Group has offered to invest $100 million into building upgrades; however, the government has only continued to express interest in opening new casinos.

“The government’s position is that limited new high roller, non-residential casino licenses should be available in Tasmania in addition to the Federal Group’s two casinos,” says Treasurer Peter Gutwein.

It is very likely that one of the two new casinos will be located in the Museum of Old and New Art (MONA), which is owned and operated by David Walsh. Last year, Walsh proposed the idea of opening up a casino in the museum that would cater to wealthy art lovers who enjoy games of chance. The venue would have 18 table games and no pokies.

There is no word yet on the second casino license, and we have yet to hear about any other gaming operators that have expressed interest in Tasmania. It is likely that local casino companies like Star Entertainment and Crown Resorts will be interested in opening up venues, and we will keep you updated as this story develops.