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RMG ban led to 95% revenue loss: Dream11 parent
Business Standard
|August 28, 2025
Dream Sports, the parent company of Dream11, has said the new online gaming law resulted in a loss of 95 percent of the group's revenue, but ruled out employee layoffs, asserting it will concentrate efforts now on scaling portfolio companies including FanCode, DreamSetGo, Dream Game Studios and Dream Money.
Dream Sports, in a statement, said Dream11 has always followed and will continue to follow the law in letter and spirit.
"While this change in law has resulted in a loss of approximately 95 percent of our group's revenue, we remain committed to building a great Indian sports company, driven by AI and the creator economy," it said.
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