23
December
Written by Perla.
Posted in: Casino
The prospect of living in Zimbabwe is something of a risk at the moment, so you may envision that there might be little desire for patronizing Zimbabwe’s gambling halls. In fact, it seems to be working the other way, with the desperate economic circumstances leading to a greater ambition to bet, to attempt to locate a fast win, a way from the problems.
For the majority of the citizens subsisting on the meager nearby earnings, there are two dominant styles of wagering, the national lottery and Zimbet. As with practically everywhere else in the world, there is a national lotto where the odds of profiting are surprisingly tiny, but then the winnings are also remarkably big. It’s been said by financial experts who study the situation that the majority don’t buy a ticket with the rational expectation of winning. Zimbet is based on either the domestic or the UK football divisions and involves determining the outcomes of future games.
Zimbabwe’s gambling halls, on the other shoe, look after the considerably rich of the country and sightseers. Up till a short time ago, there was a considerably substantial sightseeing industry, centered on nature trips and visits to Victoria Falls. The economic woes and connected violence have cut into this trade.
Among Zimbabwe’s gambling dens, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and slots, and the Plumtree gambling hall, which has only slots. The Zambesi Valley Hotel and Entertainment Center in Kariba also has just slot machines. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the two of which have gaming tables, one armed bandits and video poker machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, both of which have slot machines and table games.
In addition to Zimbabwe’s casinos and the above mentioned lottery and Zimbet (which is very like a parimutuel betting system), there are also 2 horse racing tracks in the nation: the Matabeleland Turf Club in Bulawayo (the 2nd city) and the Borrowdale Park in Harare.
Given that the market has shrunk by more than 40% in recent years and with the associated deprivation and crime that has cropped up, it is not well-known how healthy the sightseeing business which is the backbone of Zimbabwe’s casinos will do in the next few years. How many of them will be alive until conditions improve is basically not known.
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