As reported by gaming statistics, the latest gambling figures from Chile have shown revenue growth. The country’s monthly winning increased to $ 24.8 million in 2009 (a growth of $ 14.86 million in twelve months). Total earnings of $ 224 million are reckoned for the entire year. Currently there are some 57 online gaming sites available to players in Chile, but many more gaming sites are in the works, given the expanding market for online poker and web casinos.
Potential development of Chilean online gaming
Betting and gambling in Chile were banned from the turn of the century until 1990, but now are very popular and completely legal. In fact, the Country now boasts numerous casinos in operation. Moreover the government seems to be very open toward internet gambling. Although it does not license gaming companies to operate online sites within Chile, Chileans are not prohibited from playing on offshore gaming sites. This situation could help Chile become the Internet gambling hub for the Western Hemisphere in the near future, providing the local economy with an important new source of revenue and employment
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