Dream11 Steps down as team India sponsor says reports; Bcci on the hunt for a replacement ahead of asia cup – CNBC tv18

After the Online Gaming Bill Act, Dream11, A Fantasy Sports Platform, Has Pulled The Plug as Team India’s Jersey Sponsor. The Online Gaming Bill Bans Fantasy and Real-Money Gaming Platforms, Due to which bcci is left scrambling for options just 16 days before the asia cup gems underway in the uae.

The sponsorship deal, inked in 2023, was worth ₹ 358 Crore, with Dream11 Paying ₹ 3 Crore per Home Match and ₹ 1 Crore per Away Game. It was set to last through 2026.

Officially, Neither Dream11 Nor the Bcci has confirmed the split, but the board’s message is unmistakable. “If it’s not permissible, we won’t do anything.” The BCCI is now inviting fresh bids for jersey sponsorship, Racing Against Time to Seal A Deal Before September 9.

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The promotion and regulation of online gaming bill, 2025, seeks a blanket ban on all forms of online money games, while promoting e-spends and online social games. Online Fantasy Game My111111111111CIRCLE, Opened and operated by Play Games24x7 Pvt Ltd, In a Social Media Post, Said it is Suspending All Gaming Services that Involve Real Money.

Popular Fantasy Sports Platform Dream11, which has had brand endorsers like Indian cricketers ms dhoni and rohit sharma, and bollywood actor kartik aryan, also shut its shop. “As per the promotion and regulation of Online Gaming Bill, 2025, Cash Games and Contests have been discontinued on Dream11,” The Company’s Website Said.

Nazara Technologies, In a Regulatory Filing, Said Moonshine Technologies Private Ltd, The Parent Company that Owns and Operates The Online Poker Platform PokerM POKERM POKERMAZI, has real-money Gaming offers in the wake of the legislation.

Also read | Dream11 Confirms Shutdown of Paid Fantasy Games, Pivots to Free-to-Play

“Pursuant to the promotion and regulation of online gaming bill, 2025, passed by parloment on August 21, 2025, and pending enactment, we wish to inform that, as a matter of abundant cauctor Government’s mandate, moonshine technologies private limited, an associate company in which Nazara Technologies Limited Holds A Operations, “it said.

Pokerbaazi, in a post on x, said user funds remain complete safe and will be accessible for withdrawals. Winzo, which help a portfolio of 100 real money games, said it is “Responsibly withdrawing impacted offers” in full compliance with the law of the land, Effective IMMIDITELY. Its Real Money Gaming Portfolio Includes Games Like Rummy, Solitaire, Dehla Pakad, Fantasy Cricket, and Poker.

(With pti inputs)