The prospect of living in Zimbabwe is something of a risk at the moment, so you could think that there might be very little appetite for supporting Zimbabwe’s casinos. In fact, it seems to be working the other way around, with the critical market circumstances creating a larger desire to wager, to attempt to find a fast win, a way out of the crisis.
For nearly all of the people living on the meager local wages, there are two established types of gambling, the national lottery and Zimbet. As with most everywhere else on the globe, there is a state lotto where the probabilities of winning are surprisingly tiny, but then the jackpots are also remarkably high. It’s been said by economists who look at the situation that the lion’s share don’t purchase a ticket with a real belief of profiting. Zimbet is founded on one of the national or the United Kingston soccer leagues and involves predicting the outcomes of future games.
Zimbabwe’s casinos, on the other hand, look after the exceedingly rich of the country and vacationers. Until not long ago, there was a considerably large vacationing business, founded on safaris and trips to Victoria Falls. The economic collapse and associated crime have carved into this market.
Among Zimbabwe’s gambling halls, there are 2 in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and one armed bandits, and the Plumtree gambling den, which has only slots. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just slot machines. Mutare contains the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, both of which have 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, both of which have slot machines and blackjack, roulette, and craps tables.
In addition to Zimbabwe’s gambling dens and the previously mentioned lottery and Zimbet (which is considerably like a pools system), there is a total of 2 horse racing complexes in the country: the Matabeleland Turf Club in Bulawayo (the second city) and the Borrowdale Park in Harare.
Since the economy has deflated by more than 40 percent in recent years and with the associated poverty and conflict that has come to pass, it is not understood how well 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 on till conditions get better is basically not known.
This entry was posted on April 11, 2018, 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.