New Delhi16 minutes ago
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The government says that people are suffering mental and financial loss due to money based online gaming.
India’s largest fantasy gaming company Dream 11 is going to shut down its Real Money Gaming (RMG) business. Some media reports have claimed this.
This decision has been taken after the recently passed online gaming bill 2025 by the Government of India. Online real money games have been completely banned under this bill. Whether these games are skill based or chances based.
According to media reports, Dream 11 parent company Dream Sports gave this information to its employees on August 20 at an internal town hall meeting.
Dream 11 has been a major sponsor of big tournaments like Indian cricket team and IPL. In such a situation, there are also reports that Team India will play in the Asia Cup without sponsor.
Bill was approved by Lok Sabha and Rajya Sabha
On 21 August 2025, the Rajya Sabha approved the Promotion and Regulation of Online Gaming Bill 2025 a day before that.
The bill was introduced by Electronics and Information Technology Minister Ashwini Vaishnav. Now this bill will go to the President for approval and then it will become a law.
Electronics and Information Technology Minister Ashwini Vaishnav introduced the online gaming bill.
Dream 11’s 67% earning from real money segment
Dream 11 has a real money gaming segment 67% of the company’s total earnings. That is, most of the company’s earnings came from games like fantasy cricket.
Here users used to make their teams by putting money and got cash prize on winning. But these games have now become illegal under the new bill.
According to the report, the company’s CEO Harsh Jain told the employees that there is no legal way to continue real money gaming under the new law.
Because of this, Dream 11 decided to shut down his core business. According to sources, the company will now focus on its non-radical money gaming ventures.
This includes sports drip and fankode. In addition, the company will focus on increasing its other investments such as Willow TV and Cricbage and expansion in foreign markets.
4 strict rules in online gaming bill
This bill states that Whether these games are skill based or chance based, both will be banned.
- Ban on real-mani games: It would be illegal to offer, run, promote any money based game. Those who play online games will not be punished.
- Punishment and fine: If someone offers a real-meri game or promotes it, he can be imprisoned up to 3 years and a fine of up to Rs 1 crore. The advertisements may be fined 2 years in jail and up to Rs 50 lakh.
- Regulatory Authority: A special authority will be created, which will regulate the gaming industry, register the games and decide which game is a real-mani game.
- Promotion of e-sports: E-sports and social games like Pubji and Free Fire will be supported. These games are without money, so they will be encouraged.
Money based gaming is suffering financial loss
The government says that people are suffering mental and financial loss due to money based online gaming. Some people drowned so much in gaming addiction that they lost their lives and in some cases, reports of suicide were also revealed.
Apart from this, there are also concerns about money laundering and national security. The government wants to take strict steps to stop this.
Minister Ashwini Vaishnav said in Parliament, “Online money games are causing a big problem in the society. They are increasing drugs, the savings of families are ending.
It is estimated that around 45 crore people are affected by this and middle-class families have lost Rs 20,000 crore. ”He also said that the World Health Organization (WHO) has recognized it as a gaming disorder.
86% Revenue Real Money Format in online gaming market
The online gaming market in India is currently worth around Rs 32,000 crore. Out of this, 86% of revenue comes from real money format. It was expected to reach around 80 thousand crore rupees by 2029. But now they will have to close real money games.
The people of the industry are saying that this move of the government may put 2 lakh jobs in danger. The government may also lose tax of crores of rupees every year.