The prospect of living in Zimbabwe is something of a gamble at the moment, so you could think that there might be little affinity for going to Zimbabwe’s gambling dens. In fact, it appears to be functioning the other way, with the atrocious economic circumstances leading to a higher ambition to wager, to attempt to discover a fast win, a way out of the problems.
For most of the people surviving on the meager nearby money, there are 2 common forms of betting, the national lotto and Zimbet. Just as with almost everywhere else in the world, there is a national lottery where the probabilities of winning are surprisingly low, but then the winnings are also surprisingly large. It’s been said by market analysts who study the concept that the lion’s share do not purchase a ticket with the rational expectation of profiting. Zimbet is centered on either the domestic or the British football leagues and involves determining the outcomes of future games.
Zimbabwe’s gambling dens, on the other shoe, cater to the very rich of the nation and sightseers. Up till recently, there was a very substantial tourist industry, built on safaris and visits to Victoria Falls. The economic collapse and connected violence have carved into this trade.
Among Zimbabwe’s casinos, there are 2 in the capital, Harare, the Carribea Bay Resort and Casino, which has 5 gaming tables and one armed bandits, and the Plumtree gambling hall, which has just the slot machine games. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just slots. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the pair of which contain gaming tables, one armed bandits and video machines, and Victoria Falls houses the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, the two of which have slot machines and tables.
In addition to Zimbabwe’s casinos and the aforementioned mentioned lottery and Zimbet (which is quite like a parimutuel betting system), there is a total of two horse racing tracks in the country: the Matabeleland Turf Club in Bulawayo (the 2nd municipality) and the Borrowdale Park in Harare.
Given that the market has contracted by more than 40% in recent years and with the connected deprivation and crime that has come to pass, it isn’t understood how well the sightseeing business which funds Zimbabwe’s gambling dens will do in the next few years. How many of the casinos will survive till conditions improve is merely unknown.
This entry was posted on November 23, 2023, 8:25 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.