Bolivia is located in the center of South America. It borders Brazil to the north, Peru to the north-west, Chile to the south-west, Argentina to the south and Uruguay to the south-east. Bolivia is atypical in that it has two capital cities: the judicial and constitutional capital of Sucre and the executive and legislative capital of La Paz.
There is no level of regulation for online gambling in Bolivia. It's hard to say if there have even been any attempts to regulate the industry since there has been no news out of the country about any talks over it in any branch of the government. For the most part, it seems that online gambling regulation is not a priority of any kind in Bolivia, and a large part of that could be because they have only recently been regulating gambling of any kind in the country. However, their openness towards regulating land-based gambling is an indicator that they could regulate Internet gambling in the future.
As mentioned above, there is no licensing process for online gambling companies of any kind in Bolivia. Because there is no documentation, it's unclear whether any operators or software companies are based out of this country or have offices there at this time. The licensing process for land-based companies is a fairly new thing for them, and they definitely have time to eventually work online gambling licenses into the mix. As of the time of this writing, however, there have been no efforts to do so and no indication that any government officials or government groups are looking to press for it on their agendas.
Because there is no government oversight of any kind, there are no player protections. However, players also do not have to worry about the government going after players for playing with foreign operators. Bolivia has made no effort whatsoever to curb online gambling with foreign operators, and they have made no effort to create laws that would make it illegal to gamble online with operators from other countries.
If they were to license online gambling in the future, chances are that the players would be protected on some pretty fair levels. Their current levels of protection for players for their land-based operations shows that it's a fairly high priority for them, and there's no reason to think that wouldn't extend to online gambling as well.
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