Dream11 to Withdraw from Real Money Gaming in Response to New Bill

Dream Sports, the parent company of Dream11, will be discontinuing its Real Money Gaming (RMG) operations due to the Online Gaming Bill 2025. The decision was shared with employees at an internal town hall meeting on August 20, prior to the bill’s approval by the Rajya Sabha. The RMG sector currently contributes about 67% of Dream Sports’ annual revenue. The company intends to pivot toward non-RMG options like Sportz Drip and Fancode, while also increasing investment in Willow TV, Cricbuzz, and international markets. The firm may consider new game formats for international markets, following a similar approach as MPL. This shift could bring job losses and cost-cutting measures given that a significant portion of Dream Sports’ workforce is in the RMG division.