The Indian Parliament has approved the Online Gaming Bill, signaling potential changes for the online gaming landscape. The legislation aims to regulate and restrict online money gaming activities, potentially impacting platforms like Dream11. This fantasy sports platform allows users to participate in virtual gaming and win cash prizes. Dream11’s investment in Indian cricket includes a major sponsorship agreement with the BCCI, with a deal worth ₹358 crore. As the title sponsor, Dream11’s branding appears on the Indian cricket team’s jerseys, with the agreement lasting until 2026. The recent bill’s passage raises concerns about the future of this sponsorship and possible financial implications for the BCCI.
