The act of living in Zimbabwe is something of a gamble at the current time, so you could imagine that there would be very little affinity for visiting Zimbabwe’s casinos. In reality, it seems to be working the other way, with the atrocious market conditions creating a higher ambition to play, to try and find a quick win, a way from the situation.
For the majority of the locals subsisting on the abysmal nearby wages, there are 2 popular styles of betting, the national lottery and Zimbet. Just as with practically everywhere else on the globe, there is a state lotto where the probabilities of hitting are remarkably small, but then the jackpots are also unbelievably large. It’s been said by financial experts who understand the idea that most don’t buy a ticket with the rational expectation of hitting. Zimbet is built on one of the local or the English soccer divisions and involves determining the outcomes of future games.
Zimbabwe’s gambling dens, on the other shoe, pamper the very rich of the state and vacationers. Up until a short time ago, there was a very substantial sightseeing industry, based on nature trips and trips to Victoria Falls. The economic anxiety and associated bloodshed have cut into this trade.
Among Zimbabwe’s casinos, 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 only slot machines. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just one armed bandits. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, both of which offer gaming tables, one armed bandits and video poker machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, the two of which have video poker machines and tables.
In addition to Zimbabwe’s gambling dens and the previously mentioned lottery and Zimbet (which is considerably like a parimutuel betting system), there are a total of two horse racing complexes in the nation: the Matabeleland Turf Club in Bulawayo (the 2nd municipality) and the Borrowdale Park in Harare.
Given that the economy has contracted by beyond 40% in the past few years and with the connected deprivation and violence that has come about, it is not understood how healthy the vacationing business which is the backbone of Zimbabwe’s gambling halls will do in the next few years. How many of the casinos will survive till conditions get better is simply unknown.
This entry was posted on November 11, 2009, 2:21 pm 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.