Who owns KTO?
As of : KTO is run by APOLLO OPERATIONS LTDA, BR. It holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games, valid until October 2026. The ultimate owner is not published. Press reports this link; we have not confirmed it in a register yet.
| Ultimate owner | KTO Group (private (owners not published)) |
|---|---|
| Operating company | APOLLO OPERATIONS LTDA, BR · reg. CNPJ 54.923.003/0001-26 |
| Licences | Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 2.093/2024 expired |
| Products | Sports betting, Casino |
| Sportsbook | Kambi reported |
| Website | kto.bet.br |
| Sister casinos | 0 |
| Fines and actions | 0 |
| Owner proof | reported |
| Last checked | 15 Oct 2026 |
Licences
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 2.093/2024 | fixed-odds betting & online games | – 2026-10-25 | register |
About KTO Group
Malta-founded operator that focused only on Brazil from 2024. It was among the first 14 full licensees in January 2025 and wound down in October 2026 after the national betting ban.
Headquarters: MT · Founded: 2018 · Ownership: private (owners not published)
How we know, and what we could not confirm
How we know: KTO Group (founded in Malta in 2018) shut down in Oct 2026 after the Brazilian ban. Brazil-only .bet.br site. MP 1.394/2026 (25 Sep 2026) banned fixed-odds betting in Brazil: sites had to go offline from 6 Oct 2026 and all SPA authorisations end on 25 Oct 2026. The MP still needs approval by Congress and is challenged at the STF.
- The ultimate owner (the people or company at the top) is not published.
- The owner link comes from press reports; we have not confirmed it in a register or in the brand’s own terms.
KTO Group sister sites, fines and sources →
Ratings elsewhere
- Trustpilot: read the reviews there
Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.
Questions and answers
Who owns KTO?
APOLLO OPERATIONS LTDA runs it. The ultimate owner is not published. Press reports this link; we have not confirmed it in a register yet.
Is KTO licensed?
Yes. Its operator APOLLO OPERATIONS LTDA holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games.
Has the owner of KTO been fined?
We have no fines and regulator actions on record.
Is KTO legit?
KTO is run by APOLLO OPERATIONS LTDA, which holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games. Fines and regulator actions against KTO’s own company: 0. Sister sites with the same owner: 0. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.
Sources
- https://www.gov.br/fazenda/pt-br/composicao/orgaos/secretaria-de-premios-e-apostas/transparencia-ativa-processos-de-autorizacao-de-apostas-de-quota-fixa/empresas-autorizadas
- https://next.io/news/regulation/kto-ceases-trading-in-brazil-after-betting-ban
- https://globalgaminginsider.com/news/7887/kto-shuts-down-brazilian-operation-dismissing-over-200-staff
- https://www.in.gov.br/web/dou/-/medida-provisoria-n-1.394-de-25-de-setembro-de-2026-734808521
- https://www.gov.br/fazenda/pt-br/composicao/orgaos/secretaria-de-premios-e-apostas/transparencia-ativa-processos-de-autorizacao-de-apostas-de-quota-fixa/planilha-de-autorizacoes-1.csv
Last checked 15 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.
