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Companies exit real money gaming
The New Indian Express Madurai
|August 23, 2025
Industry sources say ban on RMG will lead to ₹20,000 cr loss to exchequer, 2 lakh job losses
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 $8 billion in 2021, Dream11 boasts of having over 280 million users. The Board of Control for Cricket in India (BCCI) onboarded Dream11 as Team India's official shirt sponsor for a ₹358 crore deal from July 2023 to March 2026.
Esta historia es de la edición August 23, 2025 de The New Indian Express Madurai.
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MÁS HISTORIAS DE The New Indian Express Madurai
The New Indian Express Madurai
Centre reviews progress on teaching higher edu in Indian languages
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a —$___—
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India skips Turkey national day, to host Cyprus minister
IN a diplomatic signal reflecting the strain in bilateral relations, India on Wednesday stayed away from Turkish National Day celebrations in New Delhi, reflecting the continuing chill in ties over Ankara’s pro-Pakistan stance during Operation Sindoor and its repeated criticism on the issue of Jammu and Kashmir.
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