Poging GOUD - Vrij
Companies exit real money gaming
The New Indian Express Kannur
|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.
Dit verhaal komt uit de August 23, 2025-editie van The New Indian Express Kannur.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Kannur
The New Indian Express Kannur
No layoffs, Air India defers increment on mounting losses
AIR INDIA has assured its employees that there would be no layoffs despite mounting losses and ongoing external headwinds such as higher jet fuel prices and airspace closures.
1 min
May 09, 2026
The New Indian Express Kannur
Students account for 8.5% of suicides
THE latest report by the National Crime Records Bureau (NCRB) presents a grim picture of the mental makeup of the student community.
2 mins
May 09, 2026
The New Indian Express Kannur
FinMin overhauls rules for govt land transfer, drops ‘no profit no loss’ norm
THE Union government has dropped the ‘no profit no loss’ principle that long governed land transfers between central government departments and Union Territories, replacing it with a structured pricing framework that accounts for market and guideline values.
1 mins
May 09, 2026
The New Indian Express Kannur
84 pc Jump in settlement areas behind rising temperature in coastal Odisha
RAPID urban expansion and declining vegetation cover are significantly transforming the coastal Odisha, leading to a steady increase in land surface temperatures over the last two decades, reveals a new study.
2 mins
May 09, 2026
The New Indian Express Kannur
L-G can exercise J&K govt power to regulate services under Telecom Act
IN a major administrative move, the Centre has authorised the Lieutenant Governor (LG) of Jammu and Kashmir to exercise the powers of the “State Government” under provisions of the Telecommunications Act, 2023, further expanding the Union Territory administration’s authority over telecom governance and regulatory affairs.
1 mins
May 09, 2026
The New Indian Express Kannur
Sir Ratan Tata Trust cancels board meeting amid governance concerns
THE board meeting of the Sir Ratan Tata Trust (SRTT) was called off at the last minute on Friday amid mounting internal differences and legal scrutiny, despite the dismissal of a plea seeking to halt it
1 min
May 09, 2026
The New Indian Express Kannur
DRDO, IAF test TARA kit that turns ‘dumb’ bombs into precision weapons
INDIA on Friday successfully flight-tested Tactical Advanced Range Augmentation (TARA), an indigenously developed glide-bomb kit that can convert conventional unguided bombs into long-range precision weapons, a capability the Indian Air Force (IAF) has so far depended largely on foreign-origin systems to achieve.
1 mins
May 09, 2026
The New Indian Express Kannur
Why Left and VCK backed Vijay in ‘game of thrones’
Offer support to prevent President's Rule and BJP's back-door entry
3 mins
May 09, 2026
The New Indian Express Kannur
LAYERS WITHIN THE CASTE PYRAMID
THE Union government gives special grants only for those states or regions that are deemed ‘backward’ for their development to bring them on par with others.
4 mins
May 09, 2026
The New Indian Express Kannur
KEEP POLITICS AWAY FROM PUNJAB’S SECURITY WORRIES
THE recent explosions and attempted attacks in Punjab demand a calm and firm response instead of dramatic political reactions.
1 mins
May 09, 2026
Listen
Translate
Change font size