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.
Online Gaming Bill 2025 passed in Lok Sabha: Ban on real money gaming; boost for esports

Online Gaming Bill 2025 passed in Lok Sabha: Ban on real money gaming; boost for esports

 12:23 20/08/2025

Lok Sabha passed the Promotion and Regulation of Online Gaming Bill, 2025, amidst opposition protests. The bill aims to regulate online gaming, delighting esports but alarming real money gaming platforms. It proposes a central regulatory body, potentially impacting cricket sponsorships and endorsements. Esports anticipates a boost, gaining legitimacy as it prepares for its Olympic debut in 2027.
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