Online Sports Bill: Dream11 CEO opens up about the impact- '95% of revenues disappeared...'

Online Sports Bill: Dream11 CEO opens up about the impact- '95% of revenues disappeared...'

 00:05 26/08/2025

Dream11, facing a massive revenue hit after the passage of the Online Gaming Bill 2025, may discontinue its Indian cricket team title sponsorship despite a USD 44 million contract. CEO Harsh Jain confirmed a near-total revenue wipeout but assured no layoffs. The ban on real money gaming, while allowing social gaming, severely impacts Dream11's core business.
BCCI to end association with sponsor Dream11 after ban on online money games

BCCI to end association with sponsor Dream11 after ban on online money games

 02:05 25/08/2025

The Board of Control for Cricket in India (BCCI) and fantasy sports platform Dream11 to end their sponsorship deals following the passage of the Promotion and Regulation of Online Gaming Bill, 2025, which imposes a blanket ban on fantasy and real-money gaming platforms.
Online Gaming Bill 2025: WinZO withdraws money-based games after Presidential assent - 'The best is yet to come'

Online Gaming Bill 2025: WinZO withdraws money-based games after Presidential assent - 'The best is yet to come'

 07:05 23/08/2025

WinZO, one of India's leading social gaming platforms, will withdraw money-based games following the new online gaming bill. The legislation, effective August 22, 2025, prohibits real-money gaming but supports e-sports. WinZO emphasizes its commitment to compliance and innovation, despite the significant regulatory shift. Other gaming firms like Dream11 and Games24x7 are also adapting, signaling a major transformation in India's online gaming sector.
Online Gaming Bill 2025: President Droupadi Murmu gives assent; framework to promote e-sports, regulate sector, curb money games

Online Gaming Bill 2025: President Droupadi Murmu gives assent; framework to promote e-sports, regulate sector, curb money games

 10:05 22/08/2025

President Murmu has approved the Promotion and Regulation of Online Gaming Bill, 2025, aiming to promote e-sports and regulate online gaming. The legislation outlaws money-based games, with severe penalties for service providers, advertisers, and financiers. While acknowledging potential GST revenue losses, the government prioritises preventing addiction and financial risks associated with money gaming, also giving e-sports legal backing.
Online gaming bill: What does it mean for sports and sports enthusiasts?

Online gaming bill: What does it mean for sports and sports enthusiasts?

 07:05 21/08/2025

India's Online Gaming Bill 2025 boosts esports but bans real money games, gambling and betting. Here's all you need to know about the new bill that was passed in the Cabinet on Tuesday, August 19.
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