Although the Chilean rodeo was declared a national sport, it finds itself in a precarious position in terms of finances, political support and promotion. Part of the reason for this is that the federation does not receive any of the revenue of Chiledeportes like the rest of sports federations in Chile. This is because only sports that represent Chile overseas receive funds. The Chilean Rodeo Federation has been critical of the government for the lack of funds towards the sport, arguing that because in many parts of the country, due to the distance from population centers, sporting events do not arrive, the local population turn to the rodeo as their primary pass time throughout the Chilean rural territory. Nevertheless, thanks to the commitment and support of its many fans, the rodeo has maintained its popularity, especially in the rural areas, and its status as the second most popular sport in Chile.