Flutter shuts down money-based online games in India
6 Articles
6 Articles
India Moves To Ban Online Money Games Over Addiction Concerns - One Green Planet
India plans to ban online money games after warnings of addiction and harm, sparking a wider debate about digital ethics. The post India Moves To Ban Online Money Games Over Addiction Concerns appeared first on One Green Planet.
Gaming Giant Flutter Confirms India Exit as New Law Kills $200M Business
Flutter CEO Peter Jackson has lamented “the sudden changes to the regulatory landscape in India” as it confirms the withdrawal of real money gaming operations of its local subsidiary, Junglee Games. It comes after the rapid ascent of a bill which outlaws all real money gambling in the country. Last week, Indian lawmakers rushed the Promotion and Regulation of Online Gaming Bill, 2025 through parliament with little debate. It cleared the lower ho…
Flutter halts real-money gaming operations in India after surprise ban
Flutter Entertainment plc has suspended its real-money gaming (RMG) operations in India through its subsidiary Junglee Games, following the rapid approval of the Promotion and Regulation of Online Gaming Bill 2025. The global iGaming giant halted its RMG services on Aug. 22, after the bill, banning all forms of online real-money games, was tabled in Parliament on Aug. 20 and granted Presidential assent just two days later.
Flutter stops India real-money gaming operations, bemoans lack of industry consultation
British gaming giant Flutter Entertainment says it expects to forfeit around US$100 million in revenue and US$25 million in Adjusted EBITDA after stopping its real-money gaming operations in India following the sudden passage of the Promotion and Regulation of Online Gaming Bill last week. In a statement, Flutter confirmed it had withdrawn its Junglee brand from the market after the bill was passed by parliament and signed by the President on 22…
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