SBC News Crack-down on Brazilian match-fixing continues as KTO joins IBIA

Crack-down on Brazilian match-fixing continues as KTO joins IBIA

International Betting Integrity Association (IBIA) has announced that global betting brand KTO has joined the group.

The 2018-founded company has a strong Latin American presence, most significantly in Brazil where it has ranked in the top ten most popular igaming brands. The move fulfils the regulatory obligation in the country, under the recently published Provisional Measure, to join an international body for monitoring sports integrity. 

Jeff Tabone, MD of KTO, stated: “We are thrilled to become members of the IBIA. We view this as a step that reinforces our dedication to upholding the highest standards of integrity in sports betting. 

“Trust has always been a cornerstone of the KTO Brand and joining the IBIA signifies our commitment to a safe and transparent environment for our customers and the wider industry.”

The operator now joins almost 50 other companies and over 125 sports betting brands in the IBIA. The integrity organisation announced its expansion into Brazil earlier this year ahead of the expected regulation of the market.

According to H2 Gambling Capital, IBIA members are estimated to already account for over 60% of the Brazilian remote gambling market. 

This will enable IBIA to provide a ‘highly accurate’ analysis and effective deterrent against betting related fraud, making it ‘uniquely positioned’ to support a crack-down on match-fixing in Brazil.

“KTO is the latest operator to make IBIA its preferred integrity partner for Brazil and its wider global operations,” added Khalid Ali, CEO of IBIA.

“It further expands IBIA’s position in the LatAm region, and Brazil in particular, where our members are already estimated to account for over 60% of the remote gambling market. 

“The association looks forward to working closely with KTO and welcomes the operator’s commitment to protecting its sports betting operations through IBIA’s world leading integrity network.” 

Brazil has been the scene of a match-fixing scandal in 2022 and 2023, with a Parliamentary Investigation Commission set to carry out an investigation this month. 

Match-fixing allegations have been reported in the top two divisions of football in Brazil as well as other cup competitions.

SBC News Crack-down on Brazilian match-fixing continues as KTO joins IBIA

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