Archive for February 5th, 2010

Zimbabwe gambling dens

[ English ]

The act of living in Zimbabwe is something of a risk at the current time, so you might think that there might be little desire for visiting Zimbabwe’s casinos. Actually, it seems to be working the opposite way, with the awful market conditions leading to a bigger ambition to wager, to attempt to locate a quick win, a way from the situation.

For the majority of the locals living on the tiny local earnings, there are 2 established forms of betting, the national lottery and Zimbet. Just as with most everywhere else in the world, there is a national lotto where the probabilities of profiting are remarkably small, but then the jackpots are also unbelievably high. It’s been said by financial experts who study the idea that the lion’s share do not buy a ticket with the rational belief of hitting. Zimbet is based on either the domestic or the English football leagues and involves predicting the results of future games.

Zimbabwe’s gambling halls, on the other shoe, pamper the astonishingly rich of the state and travelers. Up until a short time ago, there was a considerably large vacationing business, based on nature trips and visits to Victoria Falls. The market woes and connected bloodshed have cut into this market.

Amongst Zimbabwe’s gambling dens, there are 2 in the capital, Harare, the Carribea Bay Resort and Casino, which has 5 gaming tables and slots, and the Plumtree Casino, which has just the slot machines. The Zambesi Valley Hotel and Entertainment Center in Kariba also has only slot machines. Mutare contains the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, both of which have gaming tables, one armed bandits and video machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, both of which offer video poker machines and tables.

In addition to Zimbabwe’s casinos and the aforementioned mentioned lottery and Zimbet (which is very like a parimutuel betting system), there are a total of two horse racing complexes 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 beyond 40% in the past few years and with the connected poverty and violence that has cropped up, it isn’t understood how well the vacationing industry which supports Zimbabwe’s casinos will do in the in the years to come. How many of the casinos will survive till things improve is basically not known.