The act of living in Zimbabwe is something of a risk at the current time, so you might envision that there might be little desire for supporting Zimbabwe’s casinos. In reality, it appears to be functioning the opposite way around, with the critical market conditions creating a bigger desire to bet, to attempt to find a fast win, a way out of the situation.
For many of the locals living on the tiny local wages, there are two popular types of wagering, the national lotto and Zimbet. Just as with most everywhere else on the globe, there is a national lotto where the odds of hitting are surprisingly tiny, but then the jackpots are also remarkably high. It’s been said by market analysts who understand the idea that many do not buy a card with the rational expectation of hitting. Zimbet is built on one of the local or the English football leagues and involves determining the outcomes of future matches.
Zimbabwe’s gambling halls, on the other shoe, pamper the exceedingly rich of the society and tourists. Up till a short time ago, there was a extremely substantial sightseeing industry, founded on safaris and visits to Victoria Falls. The economic anxiety and associated crime have cut into this trade.
Among Zimbabwe’s gambling halls, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has 5 gaming tables and slot machines, and the Plumtree Casino, 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 have gaming tables, slot machines and electronic poker machines, and Victoria Falls houses the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, both of which has slot machines and table games.
In addition to Zimbabwe’s gambling dens and the above talked about lottery and Zimbet (which is quite like a parimutuel betting system), there is a total of two horse racing complexes in the state: the Matabeleland Turf Club in Bulawayo (the second city) and the Borrowdale Park in Harare.
Since the economy has shrunk by more than 40% in recent years and with the associated deprivation and violence that has resulted, it is not known how well the tourist industry which funds Zimbabwe’s casinos will do in the near future. How many of the casinos will still be around until conditions improve is merely unknown.