Chile's casino industry is undertaking a process of consolidation, according to the country's regulatory body.

Although eight of the country’s 15 casinos had to temporarily suspend operations due to the earthquake that hit the region in February, gross gaming income increased 44.3 per cent from $219.81m in 2009 to $317.34m. The casinos welcomed more than 4.7 million visitors, each spending an average of $66.

Casino superintendent Francisco Javier Leiva said that the industry still has room to grow.

“The results for 2010 are a clear signal that the casino industry is going through a consolidation process, which has yet to reach its equilibrium point and that there still exists a margin for growth,” he said.