The act of living in Zimbabwe is somewhat of a risk at the moment, so you might imagine that there would be very little desire for supporting Zimbabwe’s gambling halls. In fact, it seems to be functioning the opposite way, with the desperate market circumstances leading to a larger desire to bet, to attempt to discover a fast win, a way out of the difficulty.
For many of the citizens living on the meager local earnings, there are 2 established types of gaming, the state lotto and Zimbet. As with most everywhere else on the globe, there is a state lottery where the chances of profiting are extremely small, but then the winnings are also extremely large. It’s been said by financial experts who study the subject that most don’t purchase a ticket with the rational assumption of winning. Zimbet is built on one of the domestic or the UK football leagues and involves determining the results of future matches.
Zimbabwe’s casinos, on the other foot, look after the extremely rich of the society and travelers. Up till a short time ago, there was a considerably big vacationing business, built on nature trips and trips to Victoria Falls. The market collapse and connected crime have carved into this market.
Amongst Zimbabwe’s gambling halls, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and slot machines, and the Plumtree Casino, which has only slot machine games. The Zambesi Valley Hotel and Entertainment Center in Kariba also has only slot machines. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the pair of which contain gaming tables, slot machines and video poker machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, both of which has gaming machines and table games.
In addition to Zimbabwe’s gambling halls and the aforestated alluded to lottery and Zimbet (which is very like a pools system), there are a total of two horse racing complexes in the nation: the Matabeleland Turf Club in Bulawayo (the second city) and the Borrowdale Park in Harare.
Given that the economy has deflated by beyond 40% in recent years and with the associated deprivation and crime that has come to pass, it isn’t understood how well the vacationing business which is the backbone of Zimbabwe’s casinos will do in the near future. How many of the casinos will survive until things improve is simply unknown.
May 31st, 2020
Alvin
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