The prospect of living in Zimbabwe is something of a risk at the moment, so you might envision that there would be very little appetite for visiting Zimbabwe’s casinos. In reality, it appears to be operating the opposite way around, with the atrocious market circumstances leading to a greater eagerness to gamble, to try and find a quick win, a way out of the crisis.
For almost all of the citizens living on the tiny local earnings, there are two popular forms of gambling, the national lotto and Zimbet. As with practically everywhere else on the planet, there is a national lottery where the odds of succeeding are surprisingly low, but then the winnings are also very big. It’s been said by market analysts who understand the concept that the majority don’t purchase a card with the rational expectation of hitting. Zimbet is centered on one of the domestic or the United Kingston football divisions and involves determining the outcomes of future games.
Zimbabwe’s gambling halls, on the other hand, pamper the incredibly rich of the state and tourists. Up till recently, there was a incredibly big sightseeing business, built on safaris and trips to Victoria Falls. The economic collapse and connected crime have cut into this trade.
Amongst Zimbabwe’s gambling dens, there are 2 in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and one armed bandits, and the Plumtree gambling hall, which has only slot machines. The Zambesi Valley Hotel and Entertainment Center in Kariba also has only one armed bandits. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the pair of which contain table games, slots and electronic poker machines, and Victoria Falls houses the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, the pair of which has gaming machines and tables.
In addition to Zimbabwe’s gambling halls and the above alluded to lottery and Zimbet (which is very like a parimutuel betting system), there are a total of 2 horse racing complexes in the nation: the Matabeleland Turf Club in Bulawayo (the 2nd metropolis) and the Borrowdale Park in Harare.
Given that the market has diminished by more than forty percent in the past few years and with the connected deprivation and bloodshed that has cropped up, it isn’t understood how well the vacationing business which funds Zimbabwe’s casinos will do in the near future. How many of the casinos will still be around till things improve is merely unknown.
November 30th, 2008
Meadow
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