The prospect of living in Zimbabwe is something of a risk at the moment, so you may think that there might be little desire for supporting Zimbabwe’s casinos. In fact, it seems to be working the other way, with the desperate economic circumstances creating a greater eagerness to play, to attempt to locate a fast win, a way out of the situation.
For almost all of the locals subsisting on the tiny local money, there are two dominant types of wagering, the state lotto and Zimbet. Just as with practically everywhere else in the world, there is a state lottery where the probabilities of succeeding are surprisingly tiny, but then the jackpots are also very large. It’s been said by financial experts who study the idea that the majority don’t buy a card with a real expectation of hitting. Zimbet is built on either the national or the UK soccer leagues and involves determining the outcomes of future games.
Zimbabwe’s casinos, on the other foot, look after the exceedingly rich of the country and travelers. Until a short time ago, there was a very large vacationing business, centered on nature trips and trips to Victoria Falls. The market anxiety and associated crime have cut into this trade.
Among Zimbabwe’s gambling dens, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and slots, and the Plumtree gambling den, which has just the slot machine games. 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 offer gaming tables, one armed bandits and electronic poker machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, each of which has gaming machines and tables.
In addition to Zimbabwe’s gambling dens and the aforestated mentioned lottery and Zimbet (which is very like a parimutuel betting system), there is a total of 2 horse racing complexes in the country: the Matabeleland Turf Club in Bulawayo (the second metropolis) and the Borrowdale Park in Harare.
Since the economy has contracted by more than 40% in the past few years and with the connected deprivation and violence that has cropped up, it is not well-known how well the tourist industry which is the backbone of Zimbabwe’s casinos will do in the next few years. How many of the casinos will carry on till conditions improve is simply unknown.
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