Zimbabwe Gambling Sites and Laws
Zimbabwe is a landlocked country located in South Africa.
It has a population of approximately 13 million people and has the distinction of having 16 official languages.
Zimbabwe boasts the highest adult literacy rate of any African nation but it also has the 3rd lowest per capita GDP in the world.
The country is plagued by high unemployment, economic hardship, crime, and corruption. Not all African countries are in this situation, for example, Egypt gambling sites and law industries are growing up very fast.
Gambling in Zimbabwe is legal and its popularity is rapidly growing. It isn’t just considered a pastime but also as a long shot means of income.
Zimbabwean gamblers are able to place bets at casinos, at a horse track, and at sports betting shops. There is also a state-run lottery which is quite popular.
In Zimbabwe, online gambling isn’t as rampant as it is in most other countries mainly due to a low internet penetration rate but a recent surge in internet usage means that internet betting in Zimbabwe is gaining traction.
The Lottery and Gambling Board of Zimbabwe, which oversees betting activities here, is expected to update Zimbabwean gambling laws to fully legalize internet betting here.
As it stands, there are no specific laws that prohibit online betting. In other words, while it isn’t officially legal, it isn’t considered illegal either.
Zimbabwean online gambling fans are more or less free to place bets with internet gaming sites without any fear of prosecution, the same scenario is available also in Uganda betting sites and bookmakers industry.
Top 10 Gambling Sites for Zimbabwe in 26 April 2024 – Updated List
What are the Best Gambling Sites and Promotions for Zimbabwe?
Although the internet penetration rate is rising, the low rate has been a key factor in keeping internet gambling companies out of this market. There are no online casinos presently based in Zimbabwe. Still, there are more than enough international gambling companies that cater to Zimbabwean online gamblers and many of these sites also offer many easy to claim casino betting bonuses and incentives.
It’s a cinch to get your hands on the welcome bonuses that Betdaq or Mobilbet are offering and a lot of people are cashing in on the $50 casino betting bonuses that are available at Bet Adonis. Up to €100 worth of welcome bonuses await Zimbabwean online gamblers at RedBet and IWCasino. Would you like to get a hold of some €200 bonuses? They are waiting for you to claim at BetVictor and Casino Cruise.
These great offers and many more are found in the promotions section at Gamblingjudge.com along with extensive reviews that will help you find the best online gaming site for you.
How Regulated is the Zimbabwean Gambling Market?
The Zimbabwean gambling market is mostly regulated but Zimbabwean gambling laws are not as up-to-date as they could be. Internet betting is not currently addressed but it is expected to be very soon with the introduction of updated to Zimbabwean gambling legislation. The Lotteries and Gambling Board is the authority that oversees betting in Zimbabwe.
Is Gambling Legal in Zimbabwe? What is the Legal Gambling Age?
Most forms of wagering are legal in Zimbabwe. There are several land-based casinos, betting shops, horse racing facilities, and lottery outlets. Internet betting, while not expressly legal, is not considered illegal either leaving players free to place bets with online operators. An updates to Zimbabwean gambling legislation is imminent and it will likely fully legalize online gambling in Zimbabwe. The minimum gambling age is 18.
Does Zimbabwe Tax Gambling Winnings?
In Zimbabwe, gambling winnings are taxable. Profits derived from horse racing and pool betting (check here our pool betting sites) are subject to a 10% withholding tax while casinos withhold 15%.
What Currency and Payment Methods do Zimbabwean Players Generally Use?
The official currency of Zimbabwe was the Dollar up until it was demonetized in 2009. The country currently does not have its own currency and people are forced to use foreign currencies. The South African Rand, Botswana Pula, Pound Sterling, Rupee, Euro, Yen, and the US dollar are among several currencies that are used for cash transactions now.
Zimbabwean gamblers that are looking for ways to perform transactions with online wagering sites have a good number of easy options. Major credit cards such as Visa, Mastercard, and Maestro are widely accepted as are eWallets like EntroPay, Neteller, and Skrill.
The vast majority of sites will also accept bank transfers and wires along with several prepaid options. Check with your preferred gaming site or the online casino reviews at Gamblingjudge.com to find what methods are available to you.