US EditionDream11 Splits From Team India Sponsorship Amid Online Gaming Bill | Sports-Games
Dream11 ended its Rs 358 crore sponsorship due to a new law banning real-money gaming, prompting BCCI to urgently seek a new lead sponsor before Asia Cup 2025.
- With the Asia Cup starting on September 9, Dream11 informed the Board of Control for Cricket in India it would stop sponsoring Team India, days before the tournament begins.
- The newly passed Promotion and Regulation of Online Gaming Bill, 2025 bans real-money gaming platforms, leading Dream11 to suspend paid contests and switch to free-to-play games soon after.
- Jerseys already printed with the Dream11 logo will not be used, despite the Rs 358 crore sponsorship deal signed in 2023; a BCCI official said new bids will be invited soon.
- If a new sponsor isn't found before September 9, India may play the Asia Cup without a lead sponsor; Reliance Jio Infocomm Limited, Toyota Motor Corporation and a fintech start-up have shown interest, with the BCCI expecting a deal exceeding Rs 358 crore.
- Valued at $8 billion, Dream11's parent Dream Sports pilots Dream Money and DreamSuite Finance, while BCCI secretary Devajit Saikia confirms adherence to government policy and a forthcoming tender.
41 Articles
41 Articles
Fantasy Nightmare: BCCI begins hunt for new sponsor after Dream11 walks out
Dream11 has ended its title sponsorship of the Indian cricket team following the government's ban on real money gaming. The BCCI is now actively searching for a new sponsor but may not finalise one before the upcoming Asia Cup.
BCCI Looking for New Title Sponsor After Ending Association With Dream11, Says Devajit Saikia | 🏏 LatestLY
But after the Promotion and Regulation of Online Gaming Bill 2025 was passed in both Parliament houses last week, as well as got the assent of President Droupadi Murmu, Dream11 said it suspended all money-based online gaming contests on its platform. 🏏 BCCI Looking for New Title Sponsor After Ending Association With Dream11, Says Devajit Saikia.
Dream11 parts ways with BCCI as principal sponsor of Indian teams after Online Gaming Bill enactment
The online fantasy gaming app Dream11 has parted ways with the Board of Control for Cricket in India (BCCI), following the introduction of the Online Gaming Bill in the Parliament last week. Dream11, the online gaming wing of Dream Sports, replaced Byju's as the principal sponsor of the Indian teams in March 2023 for three years until 2026. Dream11 shut its fantasy gaming on Friday, August 22, which constituted its 2/3rd of its revenue and cons…
Dream11 Splits from Team India Sponsorship Amid Online Gaming Bill | Sports-Games
Dream11 Splits from Team India Sponsorship Amid Online Gaming Bill Fantasy sports giant Dream11 is discontinuing its sponsorship of the Indian cricket team, as confirmed by BCCI Secretary Devajit Saikia. This decision follows the recent approval of the Online Gaming Bill by Parliament, which aims to curb online money gaming activities.The Online Gaming Bill, passed in both the Lok Sabha and the Rajya Sabha, seeks to promote e-sports and online s…
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