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Companies exit real money gaming
The New Indian Express Thiruvananthapuram
|August 23, 2025
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.
Bu hikaye The New Indian Express Thiruvananthapuram dergisinin August 23, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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