Tasmanian NBL venue renamed MyState Bank Arena
As the redevelopment continues at the home of the new NBL team Tasmania JackJumpers, a new commercial naming rights sponsor has been revealed for the Glenorchy venue.
The $56 million upgrade will transform the venue into a world-class sports and entertainment precinct, with completion due to October when the JackJumpers are set to play their first home game.
MyState Bank was announced as the new naming rights partner of the Derwent Entertainment Centre on Wednesday, in a three-year deal that’ll see it known as MyState Bank Arena.
Managing Director and Chief Executive of MyState Bank, Melos Sulicich, said the company was proud to be the new naming rights sponsor of a venue that is being transformed to become the state-of-the-art MyState Bank Arena.
“The redevelopment will provide Tasmania with the ability to host major concerts and live performances, as well as becoming the home of the JackJumpers that will see the State re-enter the National Basketball League after a 25-year hiatus” Sulich said.
“It will be the centre of entertainment and sport in the State and we are excited to be a part of this great initiative.
“The MyState Bank Arena will give Tasmanians a never-before experience in terms of comfort, enjoyment and entertainment.”
The redevelopment, along with the future operation and management of MyState Bank Arena, is being led by the LK Group.
Welcoming the naming rights sponsorship, LK Stadiums Tasmania Director and LK Group Chairman, Larry Kestelman stated “it is fantastic to have such a great Tasmanian brand in MyState Bank on board as the naming rights partner for the redevelopment.
“MyState Bank Arena will be a game changer for Tasmania’s entertainment and sport industry. The world-class, state of the art venue will bring the biggest events to Tasmania and give all Tasmanians an experience like never before.
“We are very excited that MyState Bank Arena will be the home of the Tasmania JackJumpers as they continue their march towards the 2021/22 Hungry Jack’s NBL Season.
“I also want to thank the Tasmanian Government and Glenorchy City Council for their constant support of the redevelopment of MyState Bank Arena which will boost jobs, tourism and economic activity for the state.”