KTO exits Peru and Chile gambling market to focus on Brazil betting

In order to concentrate on the regulated Brazilian market when it launches in January 2025, KTO Group has removed its sports betting brand from Peru and Chile.

KTO is one of the 17 operators who submitted an application for a betting license during the first ninety days of the preference period. Accordingly, KTO will receive a license in the first wave, just in time for the launch on January 1.
 
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