Dream11, MPL, PokerBaazi Halt Real-Money Games Post Online Gaming Bill 2025

India's top real-money gaming platforms, including Dream11, MPL, and PokerBaazi, have suspended cash-based games in response to the Online Gaming Bill 2025. Users can still withdraw wallet funds, but no new deposits will be allowed going forward.
Online Gaming Bill 2025 Forces Real-Money Game Suspension
Following the enactment of the Promotion and Regulation of Online Gaming Bill, 2025, popular platforms like Dream11, MPL, PokerBaazi, My11Circle, Zupee, WinZO, and Probo have paused all real-money gaming operations. The law imposes a complete ban on real-money offerings nationwide. As per CNBC-TV18, Dream11’s CEO informed staff that there is no legal pathway to continue such operations. The company will pivot to other business verticals like FanCode and DreamSetGo.
How Wallet Withdrawals Will Work for Users
Despite halting real-money gameplay, all major platforms have publicly reassured users about the safety of their wallet balances. Dream11, MPL, and PokerBaazi confirmed that users will be able to continue withdrawing their funds seamlessly. However, new deposits have been disabled permanently on each of these platforms to comply with the law.
Strategic Shifts and Updated Platform Offerings
Companies are now shifting focus to non-monetary formats. MPL will promote free-to-play competitive games, while Zupee will continue offering titles like Ludo Supreme without cash components. Probo has ceased all money-related functions, looking to innovate in non-financial gaming experiences instead. My11Circle also announced an end to its cash contests, enabling withdrawals but disallowing further recharging of accounts.
Read More: Online Gaming Bill 2025: Dream11 to Close Real Money Gaming Business!
Industry Funding and Future Implications
India’s real-money gaming sector had attracted over $1.07 billion in cumulative funding till 2022. Notable investments included Dream11’s $625 million across multiple rounds and MPL’s $240 million. The bill has drastically altered the landscape, prompting strategic reevaluation by gaming startups, many of which were backed by global investors like Tiger Global and Malabar Investments.
Conclusion
The Online Gaming Bill 2025 has led to a sudden but organised halt in real-money offerings by top gaming firms. Users need not worry about existing balances as withdrawal processes remain operational. Meanwhile, these firms are rapidly restructuring towards free-to-play and alternative game formats to align with the new law.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Aug 23, 2025, 11:46 AM IST

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