India, Aug. 22 -- India's Parliament just passed the Promotion and Regulation of Online Gaming Bill, 2025, which bans real-money online games. The bill now awaits the President's sign-off, a formal step expected soon. As a direct result, leading real-money gaming firms like Dream Sports (parent of Dream11), Mobile Premier League (MPL), Zupee, Gameskraft, Probo, and others have already begun suspending operations.

Fantasy sports apps like Dream Picks and Dream Play are already halted, though Dream11 and other cash-based offerings remain live for now as the legislation goes into effect. Dream Sports confirms a complete shutdown of real-money services once the ban is active. (~$23B market, ~ Rs.310B revenue, and Rs.200B tax contributions ar...