The information follows the enacting of On-line Gaming regulation, which bans real-money video games resembling fantasy sports activities — each talent based mostly and luck based mostly. The regulation additionally bans promoting, promotion and sponsorship of such platforms. In different phrases, this additionally renders Dream11’s affiliation with the nation’s cricket legally untenable.
The developments comes because the nation awaits the onset of the Asia Cup on September 9, which leaves BCCI with restricted time to rearrange a brand new sponsor.
In 2023, Dream11 signed a three-year settlement with the BCCI to function its brand on the nationwide crew’s jerseys.
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The newly-enacted regulation additionally has provisions for strict motion towards entities not in compliance with the foundations.
Final week, sports activities expertise agency Dream Sports activities — which owns and operates Dream11 — vowed to completely adjust to the regulation, saying its resolution to cease all paid contests on Dream11.
“We are going to respect the regulation and can absolutely adjust to the Promotion & Regulation of On-line Gaming Legislation, 2025,” Dream Sports activities wrote on microblogging web site X (previously Twitter).
Going ahead, Dream Sports activities mentioned it’s going to lean on its wider portfolio to drive development, together with FanCode, DreamSetGo and Dream Sport Studios.
Dream Sports activities additionally mentioned it backs Prime Minister Narendra Modi’s push to make India “a world sporting superpower”. Learn extra