GemBet reportedly routes Singapore World Cup betting payments through local firms
GemBet reportedly accepts bets from Singapore users on World Cup matches and routes PayNow deposits and payouts through three Singapore-registered companies. A customer-service representative said the platform was legal for users in Singapore and described the companies as legitimate affiliates, but gave no further details; the platform later suspended the account created during the enquiry.
The reported payment arrangements may draw regulatory attention to the use of local companies for offshore betting transactions.