LM NEWS 24
LM NEWS 24

Dream11 To Part Ways With BCCI As Lead Sponsor After Online Gaming Bill Passage

Fantasy sports platform Dream11 is set to part ways with the Indian cricket team as its lead sponsor, following the Online Gaming Bill being passed in the Parliament last week. The Board of Control for Cricket in India (BCCI) Secretary Devajit Saikia on Monday confirmed the development, citing the Online Gaming Bill as the reason.

In 2023, the BCCI announced a deal with Dream11 as the lead sponsor for Team India. Dream11 replaced Byju’s, whose contract ended in March that year, and had signed the agreement with BCCI for a period of three years.

Saikia also said that the BCCI will ensure it does not indulge any such organisations in the future. The decision left the BCCI searching for a new sponsor ahead of the Asia Cup, which begins on September 9 in the United Arab Emirates.

The Promotion and Regulation of Online Gaming Bill aims to promote e-sports and online social games, while outlawing online money gaming. The Bill was passed in the Lok Sabha on Wednesday and in the Rajya Sabha the next day.

“BCCI and Dream 11 are discontinuing their relationship with each other after the Online gaming bill. BCCI will ensure not to indulge with any such organisations ahead in future,” BCCI Secretary Devajit Saikia told ANI.

President Droupadi Murmu on Friday gave her assent to The Promotion and Regulation of Online Gaming Bill, 2025, that was passed by Parliament.

The Bill was brought in to encourage e-sports and online social games while prohibiting harmful online money gaming services, advertisements, and financial transactions related to them. The Bill seeks to completely ban offering, operating, or facilitating online money games, irrespective of whether based on skill, chance, or both.

Through this legislation, the government aims to promote e-sports and give them legal recognition. This bill will help provide legal support to e-sports. Earlier, there was no legal backing for e-sports, sources said earlier.

For the promotion of e-sports, which has been recognised as a legitimate form of competitive sport in India, the Ministry of Youth Affairs and Sports will establish a dedicated framework. The government will also promote online social games.

The government believes that the harms of addiction, financial losses, and even extreme consequences such as suicides associated with online money gaming can be prevented by the prohibition of such activities. (ANI)

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are essential in order to enable you to move around the website and use its features. Without these cookies basic services cannot be provided.

Cookie generated by applications based on the PHP language. This is a general purpose identifier used to maintain user session variables. It is normally a random generated number, how it is used can be specific to the site, but a good example is maintaining a logged-in status for a user between pages.
  • PHPSESSID

Used on sites built with Wordpress. Tests whether or not the browser has cookies enabled
  • wordpress_test_cookie

In order to use this website we use the following technically required cookies
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services
0
Would love your thoughts, please comment.x
()
x