Exciting updates have emerged about the much-anticipated "world-first" Wizard of Oz land slated to debut this year at Warner Bros. Movie World, located in Australia 's Gold Coast region. Part of a $40 million upgrade, the colorful new land is set to replace the previous Arkham Asylum area and open sometime in 2024, according to Daily Mail Australia. Its’ being touted as the world’s first Wizard of Oz-themed land.