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Dream11 ended its INR 358 crore deal with BCCI after the Online Gaming Bill. The company won’t pay penalties, leaving BCCI to seek a new sponsor ahead of the Asia Cup and Women’s World Cup.
The Promotion and Regulation of Online Gaming Bill, 2025, enacted on August 22, 2025, has outlawed real-money gaming across ...
Harsh Jain, co-founder of Dream Sports, has confirmed that there will be no layoffs at the company despite the government's ...
99% Of Dream11 Users Have Never Won Or Lost More Than ₹10,000 In Their Lifetime, CEO Harsh Jain Says
Furthermore, he revealed that 95 percent of the group's revenue and 100 percent of their profit has been wiped out. But he ...
New Delhi: It’s time we stop celebrating startup founders who knowingly build harmful businesses. Companies like Dream11, ...
From cigarettes to scams, handsets to half-baked edtech, sponsors have fallen. The Indian cricket jersey may be the most ...
Online gaming platform Gameskraft has announced it will not challenge the recently enacted Promotion and Regulation of Online ...
According to the Income Tax Act, winnings from online games are subject to a flat 30% tax under Section 115BBJ, with no basic ...
The Japanese automotive company Toyota Motor Corporation and a fintech startup have shown interest so far; however, the ...
The statement comes a day after Dream11 stated that it won't be pursuing any legal challenges against the Bill.
Dream Sports and Gameskraft will not challenge the online gaming law. Both companies are redirecting focus towards future opportunities.
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