The entire process of living in Zimbabwe is somewhat of a gamble at the moment, so you may envision that there might be very little affinity for supporting Zimbabwe’s gambling dens. Actually, it seems to be operating the opposite way around, with the atrocious market conditions leading to a bigger desire to gamble, to try and locate a quick win, a way from the crisis.
For almost all of the people living on the abysmal nearby money, there are 2 dominant forms of gambling, the state lotto and Zimbet. Just as with practically everywhere else in the world, there is a national lottery where the probabilities of winning are surprisingly tiny, but then the jackpots are also remarkably big. It’s been said by economists who understand the subject that the majority do not buy a ticket with the rational expectation of profiting. Zimbet is founded on either the local or the English football leagues and involves determining the results of future games.
Zimbabwe’s gambling halls, on the other shoe, cater to the considerably rich of the country and travelers. Up till a short while ago, there was a incredibly substantial tourist industry, based on nature trips and visits to Victoria Falls. The market collapse and connected conflict have cut into this market.
Among Zimbabwe’s gambling dens, there are two 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 machine games. The Zambesi Valley Hotel and Entertainment Center in Kariba also has only slots. Mutare contains the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, both of which have gaming tables, slot machines and video 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 blackjack, roulette, and craps tables.
In addition to Zimbabwe’s gambling halls and the aforestated talked about lottery and Zimbet (which is very like a parimutuel betting system), there is a total of two horse racing tracks in the state: the Matabeleland Turf Club in Bulawayo (the second city) and the Borrowdale Park in Harare.
Given that the market has shrunk by beyond forty percent in the past few years and with the associated poverty and crime that has come about, it is not well-known how well the vacationing industry which funds Zimbabwe’s gambling halls will do in the next few years. How many of them will survive until things improve is merely not known.