Archive for April, 2007

Zimbabwe gambling halls

April 30th, 2007 No comments

The prospect of living in Zimbabwe is something of a risk at the current time, so you could think that there might be little desire for supporting Zimbabwe’s gambling halls. In reality, it appears to be working the other way around, with the critical market conditions creating a bigger ambition to bet, to attempt to discover a quick win, a way from the difficulty.

For nearly all of the citizens surviving on the tiny nearby earnings, there are two dominant styles of betting, the state lotto and Zimbet. As with practically everywhere else in the world, there is a state lotto where the chances of hitting are unbelievably small, but then the jackpots are also remarkably high. It’s been said by economists who look at the subject that the majority do not buy a card with a real expectation of profiting. Zimbet is centered on one of the local or the English football leagues and involves determining the outcomes of future matches.

Zimbabwe’s casinos, on the other hand, look after the exceedingly rich of the society and sightseers. Up till a short time ago, there was a incredibly big vacationing business, centered on safaris and visits to Victoria Falls. The economic collapse and connected bloodshed have cut into this market.

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 Casino, which has just the slot machine games. 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 have table games, slots and electronic poker machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, both of which offer slot machines and blackjack, roulette, and craps tables.

In addition to Zimbabwe’s gambling halls and the aforementioned talked about lottery and Zimbet (which is considerably like a parimutuel betting system), there are a total of 2 horse racing complexes in the country: the Matabeleland Turf Club in Bulawayo (the 2nd city) and the Borrowdale Park in Harare.

Seeing as that the economy has contracted by more than 40% in recent years and with the connected deprivation and crime that has arisen, it isn’t well-known how well the tourist industry which funds Zimbabwe’s gambling dens will do in the in the years to come. How many of them will survive till things improve is basically not known.