Online Gaming Bill 2025: Dream11 to Close Real Money Gaming Business

Dream11, the flagship brand under Dream Sports, is set to wind down its real money gaming (RMG) operations, as per a news report by Entrackr. The move follows the recent passage of the Online Gaming Bill 2025 by both the Rajya Sabha and Lok Sabha.

Reason to Close RMG Operation

The decision came after the government passed the Online Gaming Bill, which imposes a blanket ban on all online games involving monetary stakes, a category that includes fantasy sports, poker, betting apps, and opinion trading platforms.

In addition, it prohibits celebrity endorsements and introduces criminal penalties for non-compliance, including up to 3 years of imprisonment and fines reaching ₹1 crore. Company directors and promoters could also be held personally liable unless they can demonstrate adequate due diligence.

Dream 11 Future Plans

In light of this regulatory overhaul, Dream11 plans to redirect its focus toward non-RMG ventures such as Fancode, Sportz Drip (formerly Sports Rhythm), and its media investments in Cricbuzz and Willow TV. The company is also evaluating opportunities in international markets, potentially developing new game formats abroad

Also Read: BharatPe Posts ₹6 Crore Adjusted Profit Before Tax in FY25

The shuttering of the RMG division is expected to result in significant cost-cutting measures, including widespread layoffs, as the segment employs the majority of Dream11’s workforce.

In terms of financial performance, Dream11 reported operational revenue of ₹6,384 crore in FY23, up from ₹3,841 crore in FY22. Its net profit rose by 32% year-on-year to ₹188 crore during the same period. The company has yet to release its annual filings for FY24 and FY25.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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.