Founded in 2018, KTO operates in Brazil and Peru, with plans to expand to Chile. To comply with new regulatory measures in Brazil, KTO has joined IBIA, an international body for monitoring sports integrity. This move aligns the brand with the new Brazilian betting laws and demonstrates KTO’s commitment to upholding high standards of integrity in sports betting.
KTO is now part of the IBIA network, which consists of nearly 50 businesses and over 125 sports betting brands. By joining IBIA, KTO ensures a safe and transparent environment for its customers and the wider industry. This step reinforces KTO’s dedication to maintaining trust, a fundamental value of the brand.
IBIA, the preferred integrity partner for KTO, welcomes the operator’s commitment to protecting its sports betting operations. The association’s expansion into Brazil, particularly with KTO’s involvement, strengthens IBIA’s position in the LatAm region.
Brazil recently enacted provisions to regulate sports betting, with President Luiz Inácio Lula da Silva signing the Provisional Measure (PM) in 2018. As a result, operators like KTO are required to join an international body for monitoring sports integrity. Galera.bet also joined IBIA last week to comply with this measure. IBIA has been working closely with the Brazilian Institute of Responsible Gaming (IBJR) in expanding its presence in Brazil.
