Layoffs in Gameskraft: Gameskraft, the operator company of Rummy Culture, has trimmed 120 employees. The company took this decision after the government’s ban on real money games like Rami, Poker, Ludo and Fantari Sports in India. According to TracxN’s data, 120 people from their team of about 448 employees in this company of Bengaluru will now be taken out of work. The company has said that due to the new law brought by the government, their core business has stopped, in such a situation, it is a part of rebelting the trimming management. Together, the company also indicated that due to changing business decisions, more jobs could be cut.

The company’s sadness of the workers getting out

The company issued a statement saying, “After much deliberation, we are fired about 120 crafters (employees) from different teams and functions. We are taking this decision with a very heavy heart. The kind of atmosphere outside the company is molding in that manner, so further structural changes may be required. The company also said that for all the people who are being fired, health insurance facilities will be in effect till March 2026. The employees who had opted for the coverage of the dependent parents, will also have the same continuity.

Gaming sector is constantly taking out people

“Although the step is inspired by the need to be completely external atmosphere and new reality, the founder and (CEO) of Gamescraft, Prithvi Singh said, but it does not somehow reflect his talent or dedication. Our respect for our people is unchanged and we will try our best to support them in their next stage.” With this, this company has joined the list of other companies, who have trimmed employees after banning real money gaming.

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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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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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The ‘Dream 11’ company has been in discussion after the online gaming bill. A few days after the bill passed, Dream 11 has ended the sponsorship deal with BCCI. According to The Indian Express, a source said that Dream 11 officials have made it clear in front of BCCI CEO Hemang Amin that they will not be able to release the deal. Let us know that this deal started in 2023, which was to be run by 2026, but the online gaming bill has now been made, which has the most hit on those companies in which money is transacted.

Quoting The Indian Express, a BCCI source said, “Some representatives of Dream 11 reached the BCCI office and clarified in front of CEO Hemung Amin that he would not be able to continue the sponsorship deal further. Which means that ‘Dream11’ will not be written on the Jersey of the Asia Cup.

According to another official, there will be no penalty when the deal ends quickly. Because a clause was added to the contract, which says that due to any policy brought by the government, the business of sponsor is affected, then it will not have to pay any additional money to the board.

Let us tell you that Dream 11 started about 18 years ago. It emerged as India’s largest online gaming platform. Its brand value has been estimated at about 8 billion dollars i.e. more than 69 thousand crore rupees. BCCI signed a sponsorship deal of Rs 358 crore with Dream 11 in July 2023.

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Online Gaming Bill Effect: The sponsorship of Dream 11 with the Board of Control for Cricket in India (BCCI) can end. Many companies including Dream 11 (Dream 11) have stopped their work after making laws on the online money gaming platform of the Government of India. According to reports, the Indian Fantasy Sports Platform has spoken to the BCCI and in this meeting, the matter of separation from the jersey sponsorship deal is coming out. The deal between Dream 11 and BCCI was $ 41 million i.e. Rs 358 crore.

Deal finished between BCCI and Dream 11?

The deal was done for three years between the Board of Control for Cricket in India and Dream 11. In the year 2023, this logo was seen on the Indian cricket team’s jersey and this deal was to continue till the T20 World Cup 2026. According to the information received from the sources to the Reuters, this is a deal in which no will not be out of the deal. But the promotion of these sports banned due to the introduction of new laws has also been banned.

The valuation of Dream 11 is about $ 8 billion. According to the new law of the Government of India, whoever brings such sports in the market will be sentenced to three years in jail. Along with this, a fine of one crore rupees will also have to be paid. At the same time, action will also be taken against those promoting these online money gaming platforms. According to the new law, on promoting such sports, two years of jail sentence and a fine of Rs 50 lakh will have to be paid.

BCCI took action

Speaking to the Times of India newspaper, BCCI Secretary Devjit Saikia said that the BCCI will not do any work that does not allow the law of the Government of India or the country. Devjit Saikia said clearly that ‘we will not violate any law of the country’. It is clear from this that India will have to look for a new sponsor for Team India’s jersey before the Asia Cup starts.

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The new online gaming bill (Online Gaming Bill 2025) brought by the Government of India has now got the form of law. The most impact of this is seen falling on online gaming platform Dream 11 (Dream11 Online Gaming Bill). This is the same company, whose logo has been seen printed on Team India’s jersey since the year 2023. On one hand, law has been made on online gaming, in such a situation, what will happen to the deal of Dream 11 and BCCI and how many crores of rupees were there among them.

BCCI Secretary Devjit Saikia has made it clear that the board fully supports this new law. Let us know that this new law made on online gaming will affect all those platforms in which real money transactions are there. Dream11 also comes in these, which is currently the title sponsor of Team India.

How many crores were the deal?

According to media reports, from July 2023 to March 2026, Dream 11 gave an amount of Rs 358 crore to BCCI. The deal will end after the 2026 T20 World Cup. If the company has to stop all its operations in India, then it will be obviously difficult to continue its deal with BCCI for Dream 11.

This is not the first time that a title sponsor of Team India seems to be in trouble. Earlier, Sahara, Bayju to Oppo and Star India have also struggled with financial crisis. The brand value of Dream 11 is estimated at $ 8 billion and India’s $ 3.8 billion is a very big name in Dream11. By being bankrupt, the Bayju company had to finish the deal with BCCI ahead of time.

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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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BCCI charges crores of rupees for any company written in big letters in front of the Indian cricket team’s jersey. The name written on Team India’s jersey is a great honor in itself. But it can be said to be a coincidence that any company who wrote the name of the Indian team, it was surrounded by the difficulties. Now the name of Dream 11 has been added to this list. Actually, the new online gaming bill is also lying on Dream 11 (Dream 11 Online Gaming Bill).

The new online gaming bill has already passed in the Rajya Sabha. After approval from the President, it will turn into a new law. Just after that, Dream 11 will have to cover a boria-bed from India. But before this, Sahara, Oppo Sames became the title sponsor of Team India, earned a lot of profits, but later came to the verge of drowning.

Support- In the 2010s, children playing cricket in the street dreamed of wearing a jersey supporting Team India. His partnership with Team India lasted for about 12 years and India played the final of the 2003 ODI World Cup till 2013, won the 2007 T20 World Cup, also won the 2011 ODI Cup. All these Indian players got wearing Sahara Jersey, despite all this, Sahara Company started moving towards collapse gradually.

Star India- It was the time of 2014-2017 when ‘Star’ was written in big letters on the Indian team’s jersey. This was the same period when Virat Kohli took over the captaincy of the Test team. Team India was doing well, but the Star India -owned company Walt Disney was accused of misusing the market dominance. From here, the dominance of the star was reduced, that is why he had to do it from Jio to partnership to stay in the market.

Oppo- The mobile company Oppo came into the limelight when it signed a deal of Rs 1079 crore with BCCI. This Chinese company was starting to suffer loss due to the title sponsor of the Indian team, due to which it had to end the contract in between. The partnership of BCCI and Oppo lasted till 2017-2020. It was difficult for the company to bear the expenses of sponsorship.

Byzu- Who is not aware of the story of Bayju, which could last about 2 years on Team India’s jersey. In the year 2022, the value of Byju’s company was estimated at $ 22 billion, but the company came to know the true meaning of the ‘Arsh to the floor’, when the company’s value came from billions of dollars to 0. Bayju’s condition had become so bad that BCCI had to knock the door of the tribunal to recover the dues from him.

Dream11- Now the number is of Dream 11, which is considered to be damaged due to the new online gaming bill. About 4 years ago, Dream 11 was accused of theft of GST tax, which tarnished the image of the company. At the same time, due to the online gaming bill, all the operations of Dream 11 can be closed in India and the company’s name can be removed from the Indian team’s jersey.

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Online Gaming: After the Lok Sabha, the online bill was passed in Rajya Sabha on Thursday. Now a law will be made on this. In the last few years, the scope of online gaming has increased so much that the youth of the country are being ruined due to it, losing their millions of rupees. The government estimates that about 45 crore people lose around Rs 20,000 crore every year in online real-mani gaming.

People being wasted in online gaming affair

According to sources, the government believes that online real-meri gaming is becoming ‘a big problem for society’. Even though the revenue received by the government will be damaged, instead of the interest of the citizens of its country, priority was given. There is a rough estimate that every year 45 crore people lose money by getting stuck in it. The total effect of this loss is estimated to be around Rs 20,000 crore.

This was said during the introduction of online gaming promotion and regulation Bill, 2025 in the Lok Sabha. During this time, every MP expressed concern about the bad impact of real-mani gaming and the government has chosen social welfare between revenue and social welfare coming from one-third of the industry.

E-spores promoted in bill

The bill proposes to promote e-Sports and online social gaming, while it has been said to ban gaming from money. , The source said, “A budget will be prepared for this and there will be plans and authority for their promotion. E-sports and online social gaming are two-thirds of this entire industry. This will create employment opportunities in the online gaming industry.

Turban action on violation of law

Under this bill, action will be taken mainly by the state governments against companies involved in money gaming. Anyone who operates online money gaming by violating the law can be imprisoned for up to three years or a fine of up to Rs 1 crore or both. There is a provision of imprisonment of up to two years /or fine of up to Rs 50 lakh to those who violate the rules, or both.

Crores of rupees immersed by investors

Here, as soon as the online bill passed in both houses, there was a stir in the gaming industry. The shares of listed companies of this sector recorded a huge decline. Due to this, crores of rupees of investors were destroyed. In the last two days, there has been a decline of 14 percent in shares of view technologies. Onmobile Global shares have declined by 3 percent and data corp shares also slipped to 2 percent.

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