Tech professionals, however, remain in high demand as companies explore new business models. The fantasy sports platform, part of Dream Sports, with over 250 million registered users, moved to a free-to-play model following the ban on real money gaming in India. The move seeks to help brands connect better with Dream11’s largely young user base, nearly 70% of whom are between 18 and 35 years old. Early advertisers include Swiggy, online astrology platform Astrotalk, and Tata’s ecommerce venture Tata Neu. Yet, most investing & trading platforms in India have remained more or less the same over the past decade. Times have changed and retail traders and investors have become smarter about managing their trades and money.

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India’s new Promotion and Regulation of Online Gaming Act, 2025, has banned online money games nationwide, effective Wednesday. This move aims to curb social and financial risks, including money laundering and terror financing. The industry is now pivoting towards eSports and social gaming, with the government envisioning India as a global game development hub.

Dream11 is in talks with the BCCI to potentially exit its jersey sponsorship deal due to the government’s ban on real-money gaming, impacting advertising for such platforms. The new online gaming law prohibits promotion of these games, making the sponsorship unfeasible. The government says that the ban addresses the risks of fraud, money laundering, and terror financing, while encouraging the growth of e-sports and skill-based online games.

It also plans to invest at least $50 million annually in India, where PUBG has remained one of the highest-grossing games in recent years. Arun Dhumal shares updates on the search for Team India’s new sponsor. The process has begun, and a decision is expected soon.

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Furthermore, we take transparency and security very seriously. Our goal is to always ensure that you have visibility into pricing and other details. The Union Cabinet on Tuesday cleared a draft bill to regulate India’s booming online gaming and e-sports industry.

Experts caution that the prohibition could inadvertently fuel black-market activity, potentially reviving the ‘satta’ market. Concerns rise over potential circumvention through VPNs and unregulated platforms, prompting calls for reconsideration and regulated alternatives. Following the recent ban on online money games in India, over 2,000 gaming professionals are seeking new opportunities. Real money gaming companies are pivoting and diversifying, creating uncertainty among employees, especially in non-tech roles like digital content and marketing.

Apollo aims to boost sales and expand its reach through this partnership. The company plans activations and will use Sachin Tendulkar to promote the brand. Our users – traders & investors – will always be our priority,even when we’re building new features or delivering customer support everyday.

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• Puzzle #851, for October 9, 2025, is set to test players’ vocabulary, logical thinking, and pattern recognition skills.
• The new online gaming law prohibits promotion of these games, making the sponsorship unfeasible.
• “We want to go public as a sports tech company”, says Dream Sports CEO Harsh Jain on Dream11’s IPO plans, even as diversification plans are afoot with DreamSetGo and DreamX.
• Bidders must meet specific financial and ethical criteria.
• Broadcasters and rights holders who relied on fantasy sports advertising will face challenges.
• Furthermore, we take transparency and security very seriously.

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Gameskraft will not legally challenge the new Online Gaming Act, 2025, which bans real-money games. It has already halted such services on its Rummy platforms and cleared all dues. The company now plans to explore compliant opportunities, focusing on innovation, player safety, and alignment with India’s evolving digital gaming regulations. Income from online real money games like Dream 11 and Rummy is taxable, necessitating ITR filing. Even small winnings are subject to a 30% tax rate, and TDS is deducted by gaming platforms. Failure to report such income can lead to tax notices and potential prosecution, emphasizing the importance of compliance.

An Indian parliamentary committee is pushing for stricter digital verification of offshore betting advertisers, citing a surge in fraudulent promotions targeting Indian users. This comes after a ban on domestic real money gaming (RMG) crippled local platforms, inadvertently opening the door for foreign sites like Parimatch and 1XBet. In India, jackpot describes the highest prize in state lotteries like Kerala.