The act of living in Zimbabwe is something of a risk at the moment, so you may imagine that there might be very little appetite for supporting Zimbabwe’s gambling dens. In reality, it appears to be operating the other way around, with the atrocious economic circumstances creating a bigger ambition to wager, to try and locate a quick win, a way from the situation.
For almost all of the citizens subsisting on the tiny local wages, there are two dominant styles of gambling, the state lotto and Zimbet. Just as with most everywhere else on the globe, there is a state lotto where the probabilities of hitting are remarkably low, but then the prizes are also extremely large. It’s been said by economists who study the subject that many don’t buy a ticket with the rational expectation of hitting. Zimbet is founded on one of the national or the English football leagues and involves determining the results of future games.
Zimbabwe’s gambling dens, on the other shoe, look after the extremely rich of the nation and tourists. Up till recently, there was a considerably large vacationing business, centered on safaris and visits to Victoria Falls. The market collapse and connected bloodshed have carved into this market.
Among Zimbabwe’s gambling dens, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and one armed bandits, and the Plumtree Casino, which has just the slot machine games. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just slot machines. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the two of which have gaming tables, slots and video poker machines, and Victoria Falls houses the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, both of which offer video poker machines and tables.
In addition to Zimbabwe’s casinos and the aforestated mentioned lottery and Zimbet (which is very like a parimutuel betting system), there are a total of 2 horse racing complexes in the country: the Matabeleland Turf Club in Bulawayo (the 2nd municipality) and the Borrowdale Park in Harare.
Since the economy has contracted by more than forty percent in the past few years and with the associated deprivation and bloodshed that has come about, 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 conditions get better is basically not known.
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