The act of living in Zimbabwe is something of a gamble at the current time, so you might envision that there would be little appetite for supporting Zimbabwe’s gambling halls. Actually, it seems to be operating the opposite way around, with the awful market conditions leading to a greater desire to wager, to try and find a fast win, a way out of the crisis.
For most of the people subsisting on the tiny local wages, there are two popular types of wagering, the state lotto and Zimbet. As with practically everywhere else on the planet, there is a national lotto where the probabilities of hitting are surprisingly low, but then the jackpots are also very large. It’s been said by economists who look at the concept that the majority don’t buy a ticket with the rational expectation of profiting. Zimbet is founded on one of the local or the UK soccer leagues and involves determining the results of future games.
Zimbabwe’s casinos, on the other shoe, pamper the astonishingly rich of the nation and tourists. Up till recently, there was a incredibly big sightseeing business, founded on nature trips and visits to Victoria Falls. The economic anxiety and associated bloodshed have carved into this market.
Amongst Zimbabwe’s gambling dens, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and one armed bandits, and the Plumtree gambling hall, which has just the slot machines. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just slots. Mutare contains the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, both 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, each of which have video poker machines and table games.
In addition to Zimbabwe’s casinos and the aforestated talked about lottery and Zimbet (which is quite like a parimutuel betting system), there are also 2 horse racing complexes in the country: the Matabeleland Turf Club in Bulawayo (the 2nd city) and the Borrowdale Park in Harare.
Seeing as that the market has diminished by more than 40% in the past few years and with the associated poverty and violence that has come about, it is not known how healthy the tourist industry which funds Zimbabwe’s gambling dens will do in the in the years to come. How many of the casinos will survive till things improve is basically not known.
This entry was posted on November 21, 2024, 4:25 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.