Dream11 Stops All Paid Contests, Goes Free After Govt’s Online Gaming Bill: ‘See You In Our Second Innings’

Dream11 Stops All Paid Contests, Goes Free After Govt’s Online Gaming Bill: ‘See You In Our Second Innings’


Last Updated:

Dream11 halts all real-money gaming contests and shifts to free-to-play online social games after the Parliament passes the Promotion and Regulation of Online Gaming Bill, 2025.

font
Promotion and Regulation of Online Gaming Bill, 2025, cleared by both Lok Sabha and Rajya Sabha this week, seeks to ban all forms of online money games. (File)

Promotion and Regulation of Online Gaming Bill, 2025, cleared by both Lok Sabha and Rajya Sabha this week, seeks to ban all forms of online money games. (File)

Dream11, one of India’s top real-money gaming (RMG) companies, on Friday announced to shut down all its paid gaming contests and pivot its business to a free-to-play online social game, after the Parliament passed the Promotion and Regulation of Online Gaming Bill, 2025.

In a statement issued by the company on its social media platforms, it said, “This morning, we stopped all paid contests on Dream11 and pivoted entirely to a free-to-play online social game.”

In the statement, the company reflected on its journey, saying, “When we started this journey 18 years ago as a Sports Tech company, we were not even 1% of the size of the USA Fantasy Sports industry. Dream11’s Fantasy Sports product was our way to ‘Make Sports Better’ for all of India. With this passion, belief, and the spirit of Made in India, for India, by Indians, we became the largest fantasy sports platform in the world.”

Dream11 further asserted that it is a law-abiding company and will continue to comply with the new rules. While the company expressed that “progressive regulations would have been the right way forward,” it said that it fully respects the government’s decision and will comply with the Promotion & Regulation of Online Gaming Law, 2025.

It further said Dream Sports has a collection of exceptional sports technology companies, such as FanCode, DreamSetGo, and Dream Game Studios.

“Along with our Dream Sports Foundation, these will continue to power our vision to “Make Sports Better” and support our Hon’ble Prime Minister’s ambition of making India a global sporting superpower,” it said.

“Thank you for all your love and trust. See you in our second innings,” it concluded.

Dream11’s announcement came after President Droupadi Murmu gave her assent to The Promotion and Regulation of Online Gaming Bill, 2025, that was passed by Parliament this week. The Bill was passed in Lok Sabha on Wednesday and in Rajya Sabha a day after.

The Bill was brought in to encourage e-sports and online social games while prohibiting harmful online money gaming services, advertisements, and financial transactions related to them. The Bill seeks to completely ban offering, operating, or facilitating online money games, irrespective of whether based on skill, chance, or both.

The government cited the potential psychological harm caused by these platforms as a key reason behind the decision.

Through this legislation, the government aims to promote e-sports and give them legal recognition. This bill will help provide legal support to e-sports.

authorimg

Shobhit Gupta

Shobhit Gupta is a sub-editor at News18.com and covers India and International news. He is interested in day to day political affairs in India and geopolitics. He earned his BA Journalism (Hons) degree from Ben…Read More

Shobhit Gupta is a sub-editor at News18.com and covers India and International news. He is interested in day to day political affairs in India and geopolitics. He earned his BA Journalism (Hons) degree from Ben… Read More

News18 Sports brings you the latest updates, live commentary, and highlights from cricket, football, tennis, Badmintion, wwe and more. Catch breaking news, live scores, and in-depth coverage. Also Download the News18 App to stay updated!
News sports Dream11 Stops All Paid Contests, Goes Free After Govt’s Online Gaming Bill: ‘See You In Our Second Innings’
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link
[ad_3]

Leave a Reply

Your email address will not be published. Required fields are marked *