The Ministry's decision, contrary to the operation of the company, was based on the fact that the firm's managing partner was the target of a criminal investigation regarding the possible practice of money laundering through fixed-odds betting operators, which goes against the proof of suitability required by the MF in its own regulations.
For the company, however, this decision would violate the constitutional principles of presumption of innocence, equality, legal certainty and free enterprise.
In the opinion of the 14th Civil Court of São Paulo, the Ministry's position is neither illegal nor abusive, given the legal and regulatory standards that govern the market that the company wishes to explore. Therefore, there is no basis to invalidate the act in court.
According to the legislation that regulates the activities of the Ministry of Finance - Law No. 14790/2023 -, the aforementioned authorization is a discretionary administrative act, carried out according to the convenience and opportunity of the Ministry of Finance, in view of the national interest and the protection of the interests of the community, and is of a highly personal, non-negotiable and non-transferable nature.
In the process, the company Zeroumbet Digital Platform requested the release of three brands:
-zeroum.bet
-energia.bet
-sportvip.bet
Source: Special Advisory for Social Communication of the AGU
