The act of living in Zimbabwe is something of a risk at the moment, so you could envision that there might be very little appetite for going to Zimbabwe’s casinos. In fact, it appears to be operating the other way around, with the crucial market circumstances creating a higher ambition to bet, to try and discover a fast win, a way out of the crisis.
For nearly all of the citizens subsisting on the tiny local money, there are two common forms of wagering, the national lotto and Zimbet. Just as with practically everywhere else on the globe, there is a national lottery where the odds of profiting are surprisingly small, but then the prizes are also remarkably high. It’s been said by financial experts who understand the subject that the lion’s share don’t purchase a ticket with the rational belief of profiting. Zimbet is built on either the national or the United Kingston soccer leagues and involves determining the outcomes of future matches.
Zimbabwe’s gambling dens, on the other shoe, cater to the very rich of the society and sightseers. Until not long ago, there was a incredibly substantial tourist industry, based on nature trips and trips to Victoria Falls. The market anxiety and associated bloodshed have carved into this market.
Amongst Zimbabwe’s casinos, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has 5 gaming tables and slots, and the Plumtree Casino, which has just the slot machine games. 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 two of which offer gaming tables, slots and video machines, and Victoria Falls houses the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, each of which have slot machines and blackjack, roulette, and craps tables.
In addition to Zimbabwe’s gambling dens and the above alluded to lottery and Zimbet (which is quite like a parimutuel betting system), there are also 2 horse racing complexes in the state: the Matabeleland Turf Club in Bulawayo (the 2nd city) and the Borrowdale Park in Harare.
Seeing as that the economy has shrunk by beyond 40% in recent years and with the associated deprivation and crime that has come about, it is not known how well the tourist industry which supports Zimbabwe’s gambling halls will do in the near future. How many of the casinos will survive till things improve is merely not known.