Layoffs in Games24X7: Fantasy gaming companies are trimming employees in India after the government banned on real money gaming. In this sequence, now the name of digital gaming firm Games24X7 has also been included. Here the employees are going to be trimmed on a large scale. The company is going to remove its 70 percent employees from work. This decision of the company will affect around 500 employees.

Removing people from the company confirmed

Games24x7 works around 700–750 people. According to the report of the news agency PTI, one of the employees of the company has confirmed that the retrenchment is going to be done. However, how many people will be removed have not been disclosed yet. Now the question comes that why games24x7 is taking such a large number of people out of the company?

Because of this, companies are pruning

First, on August 20, the Promotion and Regulation of Online Gaming Bill 2025 was approved in the Lok Sabha. Just one day later, it was passed in the Rajya Sabha on 21 August. On August 22, the President approved the online gaming bill and after that it has now become a law. Under this bill, online money games will be banned. That is, people will not be able to betting through online gaming platforms. Instead, e-sports and social games will be promoted.

The government believes that a person harms itself with real money games. This also causes harm to his family. At the same time, money laundering and tax evasion are being done from online money games, terrorists are getting even funding. Like this government of the government, companies like Rami Circle, My Circle 11 are trimming people from here.

People are also being removed from many more companies

Earlier, pokering has taken out his 45 percent staff i.e. about 200 people out of work. The Mobile Premier League (MPL) has also decided to remove 60 percent of its employees. Let us know that the market for online gaming in India is about 32,000 crores. Its year 2030 has been estimated to reach 66 thousand crores. However, its 86 percent revenue comes from real money format. In such a situation, the online gaming bill can be gathered on about 2 lakh jobs. Due to this, the government will also suffer a loss of tax of 20 thousand rupees annually.

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There is now about 15 days left for the Cricket Asia Cup to start 2025, before the BCCI’s agreement with the Indian cricket team’s title sponsor Dream11 is over. This step was taken after the ‘online gaming (promotion and regulation) Bill 2025’ was implemented. BCCI Secretary Devjit Saikia gave this information.

Speaking to ANI, BCCI Secretary Devjit Saikia said, “Online gaming promotion and regulation bill, after the implementation of 2025, BCCI and Dream 11 are finishing their contracts. The BCCI will ensure that in future it does not have any connection with any such organization.”

Bcci and Dream 11 Are Discontinuing their Relationship after the Promotion and Regulation of Online Gaming Bill, 2025, was passed. Bcci will ensure not to indulge with any such organizations ahead in future: bcci secretary devajit saikia to ani pic.twitter.com/RCJ5LTHVB3

– ANI (@ani) August 25, 2025

BCCI and Dream11 agreement was reached in 2023

In 2023, the 3 -year agreement between Dream 11 and BCCI was for Rs 358 crore. After this, you used to see the branding of this company in front of the Indian senior men’s team, women and under-19 team jersey. This contract was till 2026, but after the new law, this agreement is being abolished ahead of time.

Will Team India play without title sponsor in Asia Cup?

Now the biggest question is whether the Indian cricket team will play without a title sponsor in the Asia Cup, or before that BCCI will make a short -term agreement. Because the BCCI would not want to make any longer agreement in a hurry. The Asia Cup is being held on 9 September, India’s first match is with the UAE on 10 September. After this, India’s next match is with Pakistan on 14 September. India’s last match in the group stage will be with Oman on 19 September.

Now no good for those who run money gaming and advertisements

Only after the law came in the Lok Sabha, online gaming companies stopped their money gaming business. Now there will be strict action against those who run such money gaming, it has a provision of 3 years and Rs 1 crore. In this platform, those who do or promote an advertisement may also be fined 2 years or a fine of Rs 50 lakh.

Now social games will be promoted, so that the players play in a responsibility and safe manner. Now e -sports will get legal recognition as a game, which was not yet.

Online Money Gaming Law: The Government of India has enacted a new law on online money gaming platform, under which these online money gaming services will be banned. In today’s time, the craze of online gaming had increased significantly. Many cricketers of the Indian team were also seen advertising these online money gaming platforms.

On the jersey of Indian players, the name of online gaming platform Dream 11 was printed. Many players including MS Dhoni Rohit Sharma, Virat Kohli, Suryakumar Yadav and Suresh Raina have advertised for these gaming platforms. In this regard, ED also sent summons to former Indian cricketer Suresh Raina.

What is punishment in online money gaming law?

The online money gaming bill has now been approved by the President of the country, Draupadi Murmu, due to which this bill has now become law. Under the new law, people who provide such games will have to pay a three -year sentence and a fine of Rs 1 crore. With this, whoever promotes these online money gaming platform, will also be sentenced to two years in jail. Apart from this, a fine of Rs 50 lakh will also have to be paid.

Rohit-Virat will have to go to jail?

With the arrival of a new law on online money gaming, the question arises that they will also have to serve the jail sentence. The answer is- no, because the law on online money gaming applies today, 22 August, 2025. At the same time, these new rules will also be applicable from today. From today onwards, if any person makes such games or promotes them to play, then he will have to go to jail and also have to pay the fine.

Online gaming platforms will be closed

After the law is enacted on online gaming platforms, many companies including Dream 11 and Winzo have announced that the services of these platforms will now be discontinued. Union Electronics and Information Technology Minister Ashwini Vaishnav said in Parliament about this bill that ‘people are losing their life -long earnings due to this money gaming’. Prime Minister Narendra Modi also said about this bill that ‘this bill will encourage e-sports’. PM Modi further said that ‘This bill will also protect the society from the harmful effects of online games’.

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President Draupadi Murmu has also given the green signal after the Parliament was approved on the bill that banned online money gaming, after which this law has now been made. Under this law, all online money gaming services will be banned and there is a provision of imprisonment of up to three years and a fine of up to Rs 1 crore to those who provide such games.

Online money gaming platform fined to promote

In the new law, there is a provision of imprisonment of up to two years and a fine of up to Rs 50 lakh for promoting online money gaming platform. Online Gaming Promotion and Regulation Bill 2025 was earlier passed from both the Houses of Parliament, Lok Sabha and Rajya Sabha. The Rajya Sabha passed this bill in 26 minutes and the Lok Sabha passed it in seven minutes.

Online money gaming social evil- Ashwini Vaishnav

Union Electronics and Information Technology Minister Ashwini Vaishnav told in Parliament that people are losing their lives in online money gaming. He said in Rajya Sabha, “From time to time, society struggles with evils. In such a situation, it is the duty of the government and Parliament to investigate them and make laws to control them.” Prime Minister Narendra Modi had said that this bill will encourage e-sports and protect the society from the harmful effects of online games.

Several online gaming platforms will work

Since the passage of the bill, many online gaming platforms including Dream 11 and Winzo have announced that they will stop operating. IT Secretary S. before the President was approved by the President. Krishnan said, “This is not a law that we can allow to remain implemented. We are considering whether it is possible to implement restrictions before other sections, because the bill has not made any specific rules for this section.”

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Dream 11: The online gaming bill was also passed in Rajya Sabha yesterday after Lok Sabha. E-sports will be promoted in this, but real money games will be banned. The impact of this bill will be seen on the country’s $ 3.8 billion gaming industry. Now according to the information received from the sources, with the passing of this bill, the fantasy gaming company Dream 11 has started preparing to cover its business. According to sources, on August 20, the company had informed its employees to close their real money gaming operation through an internal town hall.

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Will Dream11 and My11Circle play stop? These platforms are threatened by online gaming bill

The ‘Promotion and Regulation of Online Gaming Bill’ has passed in the Lok Sabha. It can end online gaming platforms, which has a lot of popularity in Indian cricket. Its purpose is to completely ban real money games and batting apps. Although ESPORS and Social Games have received permission, strict steps will be taken against betting.

The online gaming bill aims to create a legal framework for the digital gaming sector and also to secure the possible threat of players. Experts associated with the sports world have raised doubts about its results. Reports said that cricket is very famous in India, there will be no shortage of sponsors for Indian cricket and its institutions. The reason for this online gaming bill is the lack of permission to sponsor individual fantasy gaming platforms.

The report said that will we continue to show advertisement of a fantasy game application, which includes real money? If the player has received money for an advertisement and allows him to use real money, then what will happen to the amount given for the advertisement?

Online gaming bill will also affect IPL?

The official fantasy sports partner of the Indian Premier League is ‘Dream 11’, it has made a new contract with the online gaming platform ‘My 11 Circle’. Dream 11 has taken the title sponsor of the Indian cricket team for about 44 million dollars (about 358 crores). At the same time, the fantasy gaming right of IPL has been bought for ‘My 11 Circle’ for 5 years for Rs 628 crore (about Rs 125 crore per year). Apart from this, India’s top cricketers (former cricketers and currently playing cricketers) have also made personal agreements with gaming platforms.

There may be 3 years in jail

3 -year jail or a fine of Rs 1 crore can be imposed for offering online money gaming or facilitating them. There is no ban on eSports and social games. However, there should be no transaction of any kind of money in it. The government said that it has been brought keeping in mind the safety and mental health of the youth.

The ‘Online Gaming Promotion and Regulation Bill, 2025’ was passed in the Lok Sabha. With the passage of this bill, Lok Sabha Speaker Om Birla adjourned the proceedings of the House till 11 am on Thursday. According to the new bill, anyone who provides online money gaming services can be a maximum imprisonment of three years, a fine of up to ₹ 1 crore or both. Those who advertise these services can be imposed in jail up to two years and a fine of up to ₹ 50 lakh. At the same time, banks and financial institutions providing transactions facilities for real money games will also be responsible for imprisonment of up to three years or fine of up to ₹ 1 crore.