The entire process of living in Zimbabwe is somewhat of a risk at the moment, so you could envision that there would be little appetite for supporting Zimbabwe’s casinos. In fact, it seems to be functioning the opposite way, with the critical market conditions leading to a greater eagerness to gamble, to attempt to discover a fast win, a way out of the crisis.
For many of the locals surviving on the meager local earnings, there are two dominant types of betting, the state lotto and Zimbet. As with most everywhere else on the planet, there is a state lotto where the odds of winning are unbelievably low, but then the prizes 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 belief of profiting. Zimbet is founded on one of the national or the English football leagues and involves predicting the results of future matches.
Zimbabwe’s casinos, on the other foot, pander to the incredibly rich of the nation and tourists. Up until recently, there was a incredibly substantial sightseeing industry, built on nature trips and visits to Victoria Falls. The market collapse and connected bloodshed have cut 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 Casino, which has just the slot machines. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just one armed bandits. Mutare contains the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the pair of which contain table games, 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 has gaming machines and blackjack, roulette, and craps tables.
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 complexes in the nation: the Matabeleland Turf Club in Bulawayo (the second municipality) and the Borrowdale Park in Harare.
Since the economy has deflated by beyond 40% in the past few years and with the associated deprivation and crime that has arisen, it isn’t known how well the sightseeing business which is the foundation for Zimbabwe’s gambling dens will do in the in the years to come. How many of them will still be around till things get better is merely not known.