Mumbai, Aug. 21 -- Startups such as Dream11, Probo, Zupee, Nazara-backed Moonshine Technologies that runs PokerBaazi, Games 24x7, and Mobile Premier League (MPL) are shutting down their main business of real-money online gaming, multiple people familiar with the matter said. This comes after the Rajya Sabha passed a bill to ban online real-money gaming on Thursday.
The Promotion and Regulation of Online Gaming Bill, 2025 was passed by the Lok Sabha a day earlier, and now requires the President's assent for it to become a law. The legislation bans platforms that allow users to pay entry fees or wager money on fantasy sports, poker, rummy etc.
"There was a townhall yesterday where (Harsh) Jain (founder and CEO of Dream11) addressed the co...
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