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Companies exit real money gaming
August 23, 2025
|The New Indian Express Shivamogga
Industry sources say ban on RMG will lead to ₹20,000 cr loss to exchequer, 2 lakh job loss
FOLLOWING the passage of the 'Promotion and Regulation of Online Gaming Bill, 2025', a number of startups have discontinued their real money gaming (RMG) operations.
Fantasy sports giant Dream11 announced suspension of its cash contests. In a message to users, Dream11 said, "As per 'The Promotion and Regulation of Online Gaming Bill, 2025', cash games and contests will be discontinued on Dream11.
Last valued at $8 billion in 2021, Dream11 boasts of having over 280 million users. The Board of Control for Cricket in India (BCCI) onboarded Dream11 as Team India's official shirt sponsor for a ₹358 crore deal from July 2023 to March 2026.
هذه القصة من طبعة August 23, 2025 من The New Indian Express Shivamogga.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Shivamogga
The New Indian Express Shivamogga
IS FACTOR INVESTING HERE TO STAY?
T a recent seminar where I was a speaker, I was asked whether I felt Factor Investing is here to stay.
2 mins
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The New Indian Express Shivamogga
Israel recovers remains of soldier held since 2014
ISRAEL on Sunday received the remains of a hostage in Gaza which Hamas said were the body of an Israeli soldier who was killed in 2014 and held for 11 years.
1 min
November 10, 2025
The New Indian Express Shivamogga
Study links food ads to unhealthy eating in kids
A new multinational study has established a direct link between exposure to food marketing and unhealthy dietary choices among children and adolescents.
2 mins
November 10, 2025
The New Indian Express Shivamogga
‘Spiritual capital’: PM launches ₹8K-cr projects in U’khand on silver jubilee
PM Narendra Modi on Sunday hailed the Uttarakhand government’s “bold” steps on demographic change, uniform civil code (UCC) and illegal religious conversions, suggesting other states should emulate them.
1 min
November 10, 2025
The New Indian Express Shivamogga
RSS identified as a body of individuals, says Bhagwat
IN a veiled remark against Congress leaders criticising the RSS for operating without registration, the Sangh chief Mohan Bhagwat on Sunday said his organisation is recognised as a body of individuals.
1 mins
November 10, 2025
The New Indian Express Shivamogga
Tiger suspected to have killed farmer captured
FOREST officials captured a male tiger, aged around 12-13 years, in the Moleyur forest range of Sargur taluk late on Saturday night.
1 min
November 10, 2025
The New Indian Express Shivamogga
World runs out of excuses as UN's 30th climate conference kicks off in the Amazon
UTIOUS OPTIMISM
1 mins
November 10, 2025
The New Indian Express Shivamogga
SINGING OUR SOULS AWAKE
A new trend is reportedly rocking young India called ‘bhajan clubbing’, in which Gen Z gathers in various spaces for sessions of singing and dancing to remixed devotional songs.
4 mins
November 10, 2025
The New Indian Express Shivamogga
Vice Admiral Anil Jaggi appointed commandant of National Def Academy
THE National Defence Academy (NDA), Armed Forces' tri-services training institution, has got a new Commandant.
1 min
November 10, 2025
The New Indian Express Shivamogga
2 gangsters detained in Georgia, US
TWO wanted Haryana gangsters, Venkatesh Garg and Bhanu Rana, have been detained in Georgia and the United States, respectively, and are expected to be deported to India soon, a top police official told this newspaper.
1 min
November 10, 2025
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