Zimbabwe gambling halls
The entire process of living in Zimbabwe is somewhat of a risk at the current time, so you could envision that there might be very little desire for supporting Zimbabwe’s casinos. Actually, it appears to be operating the other way, with the awful market circumstances leading to a bigger eagerness to gamble, to attempt to find a fast win, a way out of the crisis.
For many of the locals subsisting on the abysmal nearby earnings, there are two dominant forms of wagering, the national lottery and Zimbet. As with almost everywhere else on the globe, there is a state lottery where the chances of succeeding are extremely low, but then the jackpots are also extremely high. It’s been said by economists who understand the subject that most do not buy a ticket with the rational assumption of winning. Zimbet is centered on either the local or the British football divisions and involves determining the outcomes of future games.
Zimbabwe’s casinos, on the other foot, pamper the exceedingly rich of the country and tourists. Up till not long ago, there was a considerably big sightseeing business, founded on safaris and visits to Victoria Falls. The economic collapse and associated violence have carved into this market.
Among Zimbabwe’s casinos, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has 5 gaming tables and slot machines, and the Plumtree Casino, which has just the slot machine games. 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 contain gaming tables, slots and video machines, and Victoria Falls houses the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, the pair of which have slot machines and blackjack, roulette, and craps tables.
In addition to Zimbabwe’s casinos and the previously mentioned lottery and Zimbet (which is quite like a parimutuel betting system), there are also two horse racing tracks in the country: the Matabeleland Turf Club in Bulawayo (the 2nd city) and the Borrowdale Park in Harare.
Seeing as that the market has contracted by more than 40% in the past few years and with the connected deprivation and conflict that has come to pass, it isn’t well-known how well the sightseeing business which is the foundation for Zimbabwe’s gambling dens will do in the next few years. How many of the casinos will carry through until conditions get better is simply not known.
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
