The act of living in Zimbabwe is something of a risk at the current time, so you may envision that there might be very little appetite for visiting Zimbabwe’s casinos. In fact, it seems to be working the opposite way around, with the crucial market circumstances leading to a higher eagerness to gamble, to try and find a quick win, a way out of the situation.
For most of the locals surviving on the tiny local earnings, there are two common types of wagering, the national lottery and Zimbet. Just as with most everywhere else on the planet, there is a national lottery where the probabilities of hitting are unbelievably small, but then the prizes are also extremely big. It’s been said by financial experts who study the situation that the lion’s share don’t purchase a ticket with the rational belief of hitting. Zimbet is built on one of the national or the British football leagues and involves predicting the results of future matches.
Zimbabwe’s gambling dens, on the other hand, cater to the very rich of the country and travelers. Up till recently, there was a extremely substantial sightseeing industry, built on safaris and visits to Victoria Falls. The market woes and associated crime have cut into this market.
Amongst Zimbabwe’s gambling dens, there are 2 in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and slot machines, and the Plumtree gambling den, which has just the slots. The Zambesi Valley Hotel and Entertainment Center in Kariba also has only slots. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the two of which have table games, slot machines and electronic poker machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, the two of which offer video poker machines and blackjack, roulette, and craps tables.
In addition to Zimbabwe’s casinos and the above mentioned lottery and Zimbet (which is considerably like a parimutuel betting system), there are also 2 horse racing complexes in the state: the Matabeleland Turf Club in Bulawayo (the second municipality) and the Borrowdale Park in Harare.
Given that the market has shrunk by more than 40% in recent years and with the connected deprivation and crime that has resulted, it is not known how well the sightseeing industry which funds Zimbabwe’s casinos will do in the near future. How many of them will carry on until conditions get better is basically unknown.
This entry was posted on April 2, 2017, 8:25 am and is filed under Casino. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.