By Admin 
IPL Losses from Online Money Gaming Law: The Government of India has enacted strict laws on online gaming. It is only after the arrival of this law that Dream 11 has been discharged from the list of sponsors of the Indian team. Now neither the company will be able to bring online money game nor the government now allows promotion of these games.
There is a lot of publicity of these games not only on the jersey of Indian cricketers, but also in IPL. At the same time, all the cricketers including Team India players Virat Kohli, Rohit Sharma, Hardik Pandya have been seen promoting these online gaming platforms. Former Indian cricket team players MS Dhoni and Suresh Raina have also promoted these games.
Virat-Rohit lost crores
The online gaming platform has been promoted by most of the players of Team India and they were earning crores of rupees from these platforms. But now after bringing strict laws from the government, all these deals will be completely eliminated. Players like Rohit Sharma, Jaspreet Bumrah, Hardik Pandya and Krunal Pandya were promoting Dream 11. Mohammad Siraj, Shubman Gill and Yashasvi Jaiswal were seen promoting the 11 circle app. At the same time, Virat Kohli was associated with MPL and MS Dhoni Winzo app.
According to the report of Cricbuzz, Kohli used to get Rs 175-200 crore annually from the brand endorsement for MPL. With the closure of this platform, now Virat will not get these 200 crores from next year. At the same time, Rohit Sharma was also getting Dream 11 to 50-60 crores, while Rohit may lose 6 to 7 crores due to staying in the middle of the deal this year. Similarly, all the players of Team India were earning through the brand endorsement of online money gaming, in such a situation, the money received from it has been completely closed. But apart from this, Indian players also promote many more brands.
IPL also got a big shock
The IPL has also suffered a loss due to the ban on online money gaming. My11 Circle is an associate sponsor in the IPL, due to which BCCI used to get Rs 125 crore. This deal was for five years, which has been completed only two years. Kolkata Knight Riders, Lucknow Super Giants and Sunrisers Hyderabad have lost Rs 10 to 20 crore annually. With the introduction of this new law, the advertising industry has lost about Rs 8,000 to 10,000 crore annually.
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