Dream11 looks to withdraw as Indian cricket team sponsor
The fantasy sports platform is planning to exit its Rs 358-crore BCCI sponsorship following the new online gaming legislation, and could become the latest in a series of high-profile Team India sponsor exits.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
Impact of real-money gaming ban on payment gateways is overstated
The loss of business could dent volumes, but should have next to no effect on the bottom line of payment companies
Is real-money gaming truly a public health crisis?
The Indian government has banned online real-money gaming citing health concerns, but the evidence for treating it the same way as drugs or tobacco remains thin.
The real-money gaming ban and the defeat of logic in India
The complete ban on online gaming involving money is just the latest example of a country running on a whim. To anyone doing business in India, this should serve as a reminder that the axe of high-handed government regulation could fall at any time.