18
June
Written by Keegan.
Posted in: Casino
The prospect of living in Zimbabwe is somewhat of a gamble at the current time, so you might imagine that there might be very little desire for patronizing Zimbabwe’s gambling halls. In reality, it seems to be operating the other way, with the atrocious economic conditions creating a higher eagerness to gamble, to try and discover a quick win, a way from the problems.
For many of the locals living on the tiny local wages, there are two common styles of wagering, the state lotto and Zimbet. Just as with almost everywhere else on the globe, there is a national lottery where the probabilities of winning are unbelievably low, but then the winnings are also unbelievably big. It’s been said by financial experts who study the subject that most do not purchase a card with an actual belief of winning. Zimbet is built on either the domestic or the UK football leagues and involves determining the results of future matches.
Zimbabwe’s casinos, on the other foot, look after the considerably rich of the country and vacationers. Up till not long ago, there was a incredibly large vacationing business, centered on nature trips and trips to Victoria Falls. The economic anxiety and associated violence have carved into this trade.
Amongst Zimbabwe’s gambling halls, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has 5 gaming tables and one armed bandits, and the Plumtree gambling hall, which has just the slots. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just one armed bandits. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the pair of which offer gaming tables, slots and electronic poker machines, and Victoria Falls houses 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 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 2nd municipality) and the Borrowdale Park in Harare.
Given that the market has shrunk by more than 40 percent in recent years and with the associated poverty and crime that has cropped up, it isn’t known how healthy the tourist industry which supports Zimbabwe’s casinos will do in the next few years. How many of the casinos will survive until things get better is simply not known.
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