Zimbabwe gambling dens
November 25th, 2015 at 9:21
The prospect of living in Zimbabwe is somewhat of a risk at the moment, so you could envision that there might be little affinity for supporting Zimbabwe’s casinos. In reality, it appears to be working the opposite way around, with the atrocious economic conditions creating a larger desire to play, to try and discover a fast win, a way out of the problems.
For almost all of the locals living on the abysmal local money, there are 2 common types of betting, the state lottery and Zimbet. Just as with most everywhere else in the world, there is a national lotto where the odds of profiting are surprisingly tiny, but then the jackpots are also unbelievably large. It’s been said by financial experts who study the idea that many do not purchase a card with the rational expectation of winning. Zimbet is founded on one of the domestic or the English soccer leagues and involves predicting the results of future matches.
Zimbabwe’s gambling halls, on the other shoe, look after the very rich of the country and tourists. Until not long ago, there was a incredibly large tourist industry, founded on safaris and trips to Victoria Falls. The economic collapse and connected conflict have carved into this trade.
Among Zimbabwe’s casinos, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and slot machines, and the Plumtree gambling hall, which has only slots. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just slots. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, both of which have gaming tables, slots and electronic poker machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, the two of which have video poker machines and table games.
In addition to Zimbabwe’s gambling dens and the previously mentioned lottery and Zimbet (which is considerably like a parimutuel betting system), there is a total of 2 horse racing tracks in the country: the Matabeleland Turf Club in Bulawayo (the second municipality) and the Borrowdale Park in Harare.
Given that the market has deflated by more than forty percent in recent years and with the connected poverty and violence that has cropped up, it isn’t well-known how healthy the sightseeing business which supports Zimbabwe’s gambling halls will do in the in the years to come. How many of the casinos will carry through until things get better is basically unknown.