SGA foreign-based online gambling site called GemBet has been using Singapore-registered companies to facilitate illegal football betting during the 2026 FIFA World Cup. The site, based in Curacao, directs users to local URLs that route payments through three recently incorporated Singaporean firms. These companies act as intermediaries for PayNow transactions, allowing punters to deposit funds into digital wallets. Investigations revealed that these firms are linked to residential addresses associated with individuals who claim no knowledge of the businesses. Despite claiming to be a 'homegrown' Singaporean operation, GemBet operates offshore and has connections to European football clubs, including Athletic Bilbao. The site also uses social media platforms and app stores in different regions, suggesting a complex international setup.
Bias read (Center): The article reports on an illegal gambling operation involving local firms and offshore entities but does not take a clear stance on regulatory issues, legal interpretations, or political implications. It presents facts about arrests, company registrations, and operational tactics without overtly sl
