The act of living in Zimbabwe is somewhat of a risk at the moment, so you might envision that there would be little affinity for patronizing Zimbabwe’s gambling dens. In reality, it seems to be functioning the opposite way, with the atrocious economic conditions creating a higher desire to gamble, to attempt to discover a quick win, a way out of the difficulty.
For many of the citizens surviving on the meager nearby earnings, there are two popular types of wagering, the state lotto and Zimbet. As with almost everywhere else on the planet, there is a national lotto where the odds of succeeding are extremely small, but then the winnings are also unbelievably large. It’s been said by economists who study the concept that many do not buy a card with the rational assumption of profiting. Zimbet is centered on either the national or the UK football leagues and involves predicting the outcomes of future games.
Zimbabwe’s gambling dens, on the other hand, pamper the astonishingly rich of the state and travelers. Up until recently, there was a exceptionally big vacationing business, founded on nature trips and visits to Victoria Falls. The market collapse and associated violence have carved into this market.
Amongst 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 hall, which has just the slot machines. 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, the pair of which have table games, slots and video machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, each of which offer video poker machines and table games.
In addition to Zimbabwe’s casinos and the aforementioned mentioned lottery and Zimbet (which is quite like a parimutuel betting system), there is a total of 2 horse racing tracks in the country: the Matabeleland Turf Club in Bulawayo (the 2nd city) and the Borrowdale Park in Harare.
Given that the market has shrunk by beyond 40% in recent years and with the associated poverty and violence that has come about, it is not well-known how well the vacationing business which supports Zimbabwe’s casinos will do in the next few years. How many of them will survive till conditions get better is basically unknown.