US Edition
India Bans Vast Online Gambling Industry
The bill bans real-money gaming citing addiction and financial loss risks, imposing penalties including up to three years imprisonment and fines of ₹1 crore for operators.
- India's parliament has passed a bill to ban online games played with money, aiming to reduce financial and psychological harm, as noted by the government.
- The online gaming industry, valued at $3.6 billion by 2029, faces severe disruptions as several companies begin shutting down real-money operations.
- Dream Sports and Mobile Premier League suspended real-money games following the bill's passage, impacting jobs and services.
- Prime Minister Narendra Modi stated that the bill aims to promote creativity in gaming while protecting society from the harmful effects of online money games.
76 Articles
76 Articles
Malay Mail
AlKhaleej TodayIndia passes sweeping ban on online gambling, targets fantasy sports platforms
NEW DEHLI, Aug 2 — India’s parliament has passed a sweeping bill banning online gambling, after government figures showed companies had stripped US$2.3 billion annually from 450 million people.The ban impacts platforms for card games, poker and fantasy sports, including India’s wildly popular homegrown fantasy cricket apps.It also leaves the fate of the key sponsor for India’s national cricket team in question.Dream11, India’s biggest fantasy sp…
Is Dream11 Banned? Will India Be Without Jersey Sponsor for Asia Cup 2025? All Questions Answered As Government Passes Promotion and Regulation of Online Gaming Bill 2025 | 🏏 LatestLY
The Government of India on August 21, had passed the Promotion and Regulation of Online Gaming Bill 2025 which prohibits online games that include real money and involve expectations of winning monetary rewards. So how will the Promotion and Regulation of Online Gaming Bill 2025 affect Dream11 and its partnership with India National Cricket Team? 🏏 Is Dream11 Banned? Will India Be Without Jersey Sponsor for Asia Cup 2025? All Questions Answered…
Dream11, MPL, Zupee suspend real-money gaming in India following parliamentary ban
Online gaming companies such as Dream11, Mobile Premier League (MPL), and Zupee Ludo have suspended all of their real-money gaming offerings in India. This decision comes after Parliament passed a bill to ban all forms of online money games. On Thursday, Parliament passed the Promotion and Regulation of Online Gaming Bill, 2025, with the Rajya Sabha approving it without debate. The bill aims to prohibit all forms of online money games while prom…
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