The entire process of living in Zimbabwe is somewhat of a risk at the current time, so you could imagine that there would be very little affinity for supporting Zimbabwe’s gambling dens. Actually, it seems to be working the other way around, with the desperate market conditions creating a higher eagerness to wager, to try and find a quick win, a way from the crisis.
For almost all of the locals surviving on the abysmal local earnings, there are two established types of gambling, the state lottery and Zimbet. As with practically everywhere else on the planet, there is a state lotto where the chances of profiting are surprisingly tiny, but then the winnings are also extremely large. It’s been said by financial experts who understand the idea that most do not buy a ticket with the rational expectation of winning. Zimbet is built on one of the national or the UK soccer divisions and involves determining the outcomes of future games.
Zimbabwe’s casinos, on the other hand, pamper the incredibly rich of the state and vacationers. Up until recently, there was a exceptionally big vacationing business, founded on nature trips and visits to Victoria Falls. The market woes and connected bloodshed have carved into this market.
Amongst Zimbabwe’s casinos, there are 2 in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and slot machines, and the Plumtree Casino, which has just the slots. The Zambesi Valley Hotel and Entertainment Center in Kariba also has only one armed bandits. Mutare contains the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the pair of which contain gaming tables, slots and electronic 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 above talked about lottery and Zimbet (which is considerably like a parimutuel betting system), there are a total of 2 horse racing complexes in the nation: the Matabeleland Turf Club in Bulawayo (the second city) and the Borrowdale Park in Harare.
Given that the market has diminished by beyond forty percent in the past few years and with the associated deprivation and violence that has come to pass, it isn’t known how well the vacationing industry which funds Zimbabwe’s gambling halls will do in the next few years. How many of the casinos will survive until things improve is merely not known.
October 20th, 2019
Francesca
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