BCCI may get a big setback after Dream11 has almost decided to leave the main sponsorship of the Indian cricket team, as the effect of all this online gaming law is slowly starting to show.
BCCI may get a big setback:
Today there is big important news for the sports lovers of India, according to which Dream11 has almost decided to leave the main sponsorship of the Indian cricket team after the implementation of the online gaming law. Board of Control for Cricket in India will now have to choose a new sponsor before Asia Cup 2025, which can be a big setback for board
Dream11, a big fantasy game platform in India, has decided to withdraw its name as the main sponsor of the Indian cricket team. This happened when the news came that the central government has passed the Online Gaming Promotion and Regulation Bill, 2025. A source familiar with the developments said, ‘The passage of the bill will have a profound impact on Dream11’s business operations. The company has informed the Board of Control for Cricket in India about its decision. Due to which there is a possibility of huge losses but Board has not yet given any response. When contacted, both Dream11 and the Board of Control for Cricket in India did not answer Business Standard’s questions.
Another source said, ‘Board of Control for Cricket in India is also evaluating Dream11 as an advertiser, as the bill also bans advertising of real money sports.’ However, Dream11 had a contract with Board of Control for Cricket in India as the main sponsor in the year 2023 and it is valid till the year 2026. This contract was about Rs 358 crore. Board will have to decide the sponsor before Asia Cup 2025, which will run from 9 to 28 September. This will be a very big decision.
Board of Control for Cricket in India
But will betting stop?
In such a situation, the biggest question is that how much restriction will be put on the betting market after this law or will the companies find some other way for betting. But for now, a big decision has created a stir in the whole of India.
BCCI gives a shock to Dream 11’s deal of Rs 358 crore.
Dream 11 had a deal of Rs 358 crore with Board of Control for Cricket in India from 2023 to 2026. After the online gaming bill was passed, it was almost certain that the deal between Dream11 and Indian cricket board would end and now something similar has been seen. Dream11 has informed the Board that it will no longer be able to sponsor the Indian team, in such a situation, now Team India will have to find a new title sponsor, which can be a big problem.
Devajit Saikia spoke about ending the agreement with Dream 11.
Secretary Devajit Saikia
On this issue, BCCI Secretary Devajit Saikia has said, quoting ANI, that after the passage of the Online Gaming Promotion and Regulation Bill, 2025, Board of Control for Cricket in India and Dream 11 are ending their relationship. Board will ensure that it does not have any relationship with any such company in the future.
Dream11 gave a big statement after the ban on the promotion of online gaming
On this whole issue, the Dream11 official recently said in a statement that we have always been a law-abiding company and have always done our business in compliance with the law. Although we believe that progressive legislation would have been the way forward, we will respect the law and fully comply with the Promotion and Regulation of Online Gaming Bill 2025.
Possibilities and conclusions.
People have placed a lot of hopes on this law. They have made an attempt to keep the safety of their children and money under control and to control the problems that may arise in the future and have created the possibility of a better life. A good conclusion and possibility will make the lives of Indians happy.
