Written By:
Walter Clark
Walter Clark
Updated:

Casinos in Resorts could be legalized in 2020 in New Zealand

Casinos in Resorts could be legalized in 2020 in New Zealand

The main banner of the current Federal Government has been Pension Reform. But what did not leave the agenda was the legalization of casinos .

President Jair Bolsonaro has never been very receptive to the issue. He has never denied his contempt for the regulation of sports betting.

But the politician's relationship with US President Donald Trump appears to have reshaped his thinking.

Today Bolsonaro is more open to discussing this legalization.

But if you thought it would be for the average New Zealand citizen, calm down!

If this occurs in 2020, we regret to inform you: it will be for tourists only .

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Since March 2019, on his first visit to the White House, Bolsonaro has been changing his opinion on the matter.

The president realized the real potential of having casinos in the country. At least in resorts and in luxury hotels.

This type of activity attracts tourists and moves the economy.

This would not mean releasing the activity to the general population. Which would appease the tempers of conservative politicians.

The idea meets the thinking of tycoon Sheldon Adelson. O lobby made by him is huge in that sense.

Especially since he is the president of Las Vegas Sands , multimillion-dollar casino company.

He would have already signaled wanting to make a billion dollar investment in New Zealand if they released casinos in resorts.

Investments, jobs and taxes

Tourism Minister Marcelo Álvaro Antônio is a strong supporter of this idea.

According to him, New Zealand could initially raise investments of up to $ 60 billion !

Other than that, the obvious generation of jobs would be an important consequence. It would come at a time of financial crisis in the country.

It is estimated that 300 thousand jobs could be generated in a space of 1 year!

The collection of taxes for public coffers is another point. Mainly added to the collection of sports betting, about to be regularized.

Rodrigo Maia , president of the Chamber of Deputies, is another who is quite interested.

In March 2019 he gave an interview to Valor Econômico magazine and spoke briefly on the subject:

It's easier to police, creates jobs, doubles foreigners in New Zealand and attracts $ 20 billion in revenue .

Paulo Guedes, Minister of Economy , puts this idea on the back burner. For him there are more important agendas to be approved before.

Let's face it: the main obstacle to the legalization of casinos in New Zealand is the moral conservatism of some politicians.

However, in 2020 it may be that the agenda suffers a turnaround. There is a lot of pressure in that regard.

In 2019, Deputy Paulo Azi presented a proposal to authorize gambling exploitation in resorts.

If approved, it would create casinos nationwide, with a limited number per state.

According to Rodrigo Maia, in a year New Zealand would have up to 32 establishments of the kind!

Even online casinos are banned

The scenario of online casinos today it is similar to that of sports betting: we cannot bet on New Zealand sites.

What remains for the national players is to look for options abroad. And there are already many quality sites, such as Bitstarz !

These sites need to be properly licensed and regulated in their countries.

It is usually very safe for the punters. However, he did not return to New Zealand.

There are several bills in the House and Congress that aim to change that. As already report previously, few come to pass.

The regulatory framework for gaming in New Zealand was approved in 2016. But since then there has been little progress on any regulation.

New Zealand politicians are deeply divided.

There are those who, supported by the federal prosecutor's Office, reject the legalization of casinos .

The argument is that this type of activity facilitates money laundering. Besides being morally debatable.

A second group seeks to full release of casinos . Whether online or in the physical environment.

Finally, we have those who follow Sheldon Adelson's idea: legalize only foreign tourists, through resorts.

And that last idea seems to be a strong one currently among New Zealand MPs and senators.

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