Money Based Fantasy Games Ban News: The government has introduced the online gaming bill 2025 in the Lok Sabha, which can ban Dream 11 and the rest of the money-based game. Now there will be more focus on skill-based and free games. Know what will be the effect on the money of Dream 11 users?
When did Dream11 begin?
Dream 11 was started in 2008 by Iitian Harsh Jain and Bhavish Seth. It became the country’s first gaming company to become Unicorn in April 2019.
Online Gaming Bill 2025 IMPACT on Dream11: Fantasy sports platforms like Dream 11 are quite popular among Indian users in a few years. But now a big news has come out, the government has introduced the online gaming bill 2025 in the Lok Sabha, which can stop the money-based games. If this bill is passed, Dream 11 and other fantasy games such as money-based platforms will not be able to offer real-money games. In this article, know in an easy way, what will be the effect of the bill on Dream 11, what will be the effect on your money and account and what to do now?
What is the whole case of Dream 11 and online gaming bill 2025?
The Central Government today introduced the promotion and regulation of online gaming bill 2025 to control online gaming in Lok Sabha and ban the real-money games. Its effect can be seen on the fantasy games.
What are the points in online gaming bill 2025?
- No platform can offer money-based games. Those who play skill based games will not have any punishment.
- Jail for 3 years and fine of Rs 1 crore for offering a real-money game. Those who run advertisements fined 2 years in jail and Rs 50 lakh.
- A Special Authority will be created, which will regulate the gaming industry and decide which game is a real-mani game.
- Pubji, free fire, free games, e-sports and social games will be supported.
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Why stop money-based games?
According to the government, some people have lost all their savings in gaming addiction. In many cases, reports like mental stress and suicide have also come out. Money laundering and national security cases are also a matter of concern. Therefore, the government has decided to take strict steps.
Dream11 What to do users?
- So far, users will not be punished. But keep the account of your money.
- You can play skill games like fantasy cricket practice, e-sport games when real-money games are closed.
- Keep your fund backup before investing big investment or money.
- The rules can change after the bill is passed, so follow the regulatory updates of Dream 11 and other platforms and keep checking.
Government Regulation and Industry Future
- Dream 11 and fantasy gaming companies will now have to adopt a new model.
- E-Sports and Free Gaming Industry will be boosted.
- The government aims to protect users from economic loss and ensure national security.
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