The act of living in Zimbabwe is something of a risk at the current time, so you might envision that there would be very little appetite for supporting Zimbabwe’s casinos. Actually, it seems to be functioning the other way, with the desperate economic circumstances creating a larger desire to bet, to attempt to find a fast win, a way out of the crisis.
For nearly all of the locals living on the abysmal local earnings, there are two dominant forms of wagering, the national lottery and Zimbet. As with most everywhere else on the globe, there is a state lotto where the probabilities of succeeding are remarkably tiny, but then the prizes are also surprisingly high. It’s been said by financial experts who look at the subject that most do not purchase a ticket with an actual expectation of winning. Zimbet is based on either the local or the British football leagues and involves determining the outcomes of future matches.
Zimbabwe’s gambling dens, on the other hand, look after the extremely rich of the nation and tourists. Until a short time ago, there was a considerably substantial tourist business, founded on nature trips and visits to Victoria Falls. The economic collapse and connected crime have carved into this market.
Among Zimbabwe’s gambling dens, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and slots, and the Plumtree gambling den, which has only 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, the pair of which have table games, slots and video machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, the two of which has video poker machines and table games.
In addition to Zimbabwe’s casinos and the aforestated alluded to lottery and Zimbet (which is considerably like a parimutuel betting system), there are also two horse racing tracks in the state: the Matabeleland Turf Club in Bulawayo (the second municipality) and the Borrowdale Park in Harare.
Given that the market has contracted by more than 40% in recent years and with the associated deprivation and conflict that has arisen, it isn’t known how healthy the sightseeing industry which is the foundation for Zimbabwe’s gambling halls will do in the next few years. How many of them will carry through till things get better is basically unknown.
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