New Delhi, Aug. 25 -- Harsh Jain, co-founder and CEO of Dream Sports, the parent company of online gaming and fantasy sports major Dream11, has said that the company will not oppose the government plan and instead plan to rebuild under a "3.0 model".
Notably, Dream11 has been impacted by the government's ban on online real money gaming, after both Houses of Parliament passed the 'Promotion and Regulation of Online Gaming Bill 2025' last week.
Speaking to Storyboard18, Jain discussed his views on the ban, and what the Rs.7,000 crore worth (Bloomberg pegs the worth at around $8 billion) company's future would look like.
On Dream11 3.0, Jain noted that with 95 per cent of the company's revenues gone, "aggressive" focus would be on other b...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.