US EditionAxe on Workers as Gaming Ban Becomes Law
Following the ban on real-money gaming, Mobile Premier League will cut about 60% of its India workforce, impacting roughly 300 employees across multiple departments, the CEO said.
- On Sunday, MPL CEO Sai Srinivas announced the company will downsize 60% of its 500-employee India team due to a government ban on paid online games.
- This decision followed Prime Minister Modi's recent ban citing financial, addiction, and illicit activity concerns, which triggered closures and layoffs across the sector.
- MPL's India segment generated roughly $100 million last year and accounted for half of the company's revenues, intensifying the impact of the regulatory change.
- In an internal email, Srinivas said the downsizing was made with a 'heavy heart' and pledged full support to affected employees during this transition.
- The ban shocked the Indian gaming industry, leading major firms like MPL and Dream11 to halt paid offerings and prompting MPL to pivot toward free-to-play games mainly in the U.S.
22 Articles
22 Articles
Axe on workers as gaming ban becomes law
The ban on real money gaming has triggered a job crisis—The law has forced major companies like Mobile Premier League (MPL) and Games24x7 to lay off thousands of employees. The industry faces an uncertain future, as companies pivot to new business models and challenge the ban in court.
MPL to layoff 60% India staff after money-based gaming ban: Report
Prime Minister Narendra Modi's government this month banned online paid games, citing financial and addiction risks, especially among youth, leading to a shutdown of many gaming apps offering paid fantasy cricket, rummy and poker games.
Mobile Premier League to lay off 60% of its Indian workforce amid ban on real money games: Report
Indian online gaming app Mobile Premier League (MPL) will sack about 60% of its local workforce as part of a major downsizing after the government banned paid games according to the reports.
Indian Gaming Giant MPL Slashes Workforce Amid Legal Crackdown
Mobile Premier League (MPL) will reduce its Indian workforce by 60% following a government ban on paid games, marking a sharp industry shift. With the Indian market shut, MPL pivots towards free games in the U.S., echoing Dream11's steps after the new gaming law impacted the burgeoning $3.6 billion sector.
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