In
Zimbabwe, traditionally gambling was always restricted to the state
lottery. But the whole gambling model
has changed now. Plenty of lotteries and
sports betting shops started showing up in the urban areas, to satisfy the
growing need for lotteries and other forms of gambling in the country.
Mr. Chamu Mhembere, one of the renowned
personality in the Zimbabwe’s gambling industry said the emergence of new
players confirms the growth of industry.
“The industry has evolved with the advent of
various players coming on board and offers diverse markets, not necessarily
related to horse racing. Markets such as
sports betting and lotteries have begun trending”
The major cities in Zimbabwe now support
gambling business, while the capital city Harare being the ace. Even the resorts in the country have casinos,
being one of the major attractions to the tourists.
With a population of over a billion people,
gambling is becoming rampant and popular in Africa. Zimbabwe is experiencing phenomenal growth as
compared to the other countries when it comes to gambling.
PricewaterhouseCoopers (PwC) listed out it’s
report entitled “Raising the states in Africa Gambling outlook: 2014-2018” said
Nigeria and Kenya will show a slow rate of growth in gambling industry from
2014-2016. While in South Africa growth
will remain sluggish.
PwC focused and researched only on the three
countries. There’s a possibility that
they may widen up the research and include other countries.
The Gaming Board of
Tanzania showed a progressive growth
generated over $10 million in revenue (in 2012), 20% more compared to the
previous year (2011).