Online Gaming Bill 2025: Dream 11, MyTim 11, Rummickel Crisis on many apps
The Government of India recently passed the Bill on ‘Online Game (Promotion and Regulation) in the Lok Sabha. The purpose of this bill is to impose strict control or complete restrictions on such real mani games (in which users play and win the prize). This can affect India’s fast -growing online game sector and many popular programs. What programs will be affected? Many great fantasy and online game platforms will be directly under the impression when this bill is implemented – Dream11 – India’s biggest fantasy cricket app, where players form teams for cash reward. MyTeam11 and my11circle – Fantasy platform works just like Dream 11. Rummycircle and Rummyculture (Games24x7 and GamesKraft platform) – provide cash -based services to play Rumi online. Junglee Rummy and Junglee Poker -Card games and poker -play -apps, which can also be banned. Pokerbaazi – Popular platform of online poker tournaments. Winzo-Ludo, quiz, card games like multi-game app, where is played with real money. Howzat and SG11 Fantasy – other fantasy cricket -Apps, based on cash competitions. Nazara Technologies-Company investment in Real-Mani Gaming, whose shares have already fallen 7%. The impact on economic and employment, India’s actual game sector is about $ 3.7 billion (about £ 30,000 crore) and is about 86% of the entire online game industry. About 2 Lakh people work directly or indirectly in this sector and the government gets tax revenue over £ 25,000 each year. With the implementation of the bill, a large bead crisis can arise. The government’s GST income could drop to around £ 20,000. Many new businesses and investors can be forced to reconsider their business models. Fantasy -sport and card game companies are already demanding clear definition and regulation of the government. He says that if the skill -based games were also in the category of gambling, the future of the entire industry would be at risk. The shares of listed companies such as Nazara Technologies show a major decline in equities that the market is also concerned about the move. Share this story -tags