Fantasy sports platform Dream11 has ended its ₹358-crore jersey sponsorship deal with the Board of Control for Cricket in India (BCCI). The decision comes after the new Promotion and Regulation of Online Gaming Act banned real-money fantasy gaming and related advertising, making the deal

Dream11, the fantasy sports company, has begun discussions with the BCCI to withdraw from its ₹358 crore jersey sponsorship agreement. The move comes in the wake of the government’s ban on real-money online gaming, which makes advertising by such platforms illegal. Shift in Business Model Following the legislation, Dream11 has suspended all paid contests and […]