The entire process of living in Zimbabwe is somewhat of a risk at the moment, so you could envision that there might be little appetite for going to Zimbabwe’s casinos. In reality, it appears to be operating the other way, with the awful market conditions creating a higher desire to bet, to attempt to discover a fast win, a way out of the crisis.
For many of the locals surviving on the meager nearby wages, there are two common forms of wagering, the national lottery and Zimbet. As with most everywhere else in the world, there is a national lottery where the odds of succeeding are remarkably small, but then the winnings are also very big. It’s been said by financial experts who understand the concept that the majority don’t buy a ticket with the rational expectation of winning. Zimbet is founded on either the domestic or the UK football leagues and involves predicting the results of future games.
Zimbabwe’s casinos, on the other hand, pamper the extremely rich of the state and tourists. Until not long ago, there was a very substantial sightseeing business, built on safaris and visits to Victoria Falls. The market woes and associated violence have carved into this trade.
Amongst Zimbabwe’s gambling dens, there are 2 in the capital, Harare, the Carribea Bay Resort and Casino, which has 5 gaming tables and slots, and the Plumtree gambling den, which has only slot machines. The Zambesi Valley Hotel and Entertainment Center in Kariba also has only slot machines. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, both of which have table games, slot machines and video poker machines, and Victoria Falls has 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 casinos and the above mentioned lottery and Zimbet (which is quite like a parimutuel betting system), there are also two horse racing tracks in the state: the Matabeleland Turf Club in Bulawayo (the 2nd city) and the Borrowdale Park in Harare.
Seeing as that the market has diminished by more than 40 percent in recent years and with the associated deprivation and bloodshed that has come about, it is not well-known how well the vacationing industry which funds Zimbabwe’s casinos will do in the next few years. How many of them will carry through until things get better is basically not known.
April 4th, 2022
Meadow
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