Ahead of Asia Cup, Dream11 quits sponsoring Team India over online gaming law
Mumbai/IBNS: Indian fantasy sports platform Dream11 has quit as the sponsor of the Indian cricket team after the Indian parliament passed a law banning real money-based online games, media reports said.
The Parliament last week passed the Promotion and Regulation of Online Gaming Bill.
The Board of Control for Cricket in India (BCCI) has ended its partnership with Dream11 that had replaced Byju as Team India sponsor in July 2023.
BCCI secretary Devajit Saikia said the Indian cricket board will not enter into any partnership with such an organisation in future.
Dream11 will not be penalised for its decision to exit the contract as per a clause that states a company can pull out if its business is affected by a change in law introduced by the India government.
Founded in 2008, it is India’s first unicorn (startup valued at over $1 billion) in the gaming sector.
Apart from BCCI, it has remained official sponsors of the Indian Premier League (IPL) and several sports leagues.
Team India has been stripped off its sponsorship just a couple of weeks before the commencement of Asia Cup 2025.
Asia Cup 2025 will begin on September 9 and India will play their first match against UAE on 10th of the same month.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
Kohli is back! Smashes his way to No. 2 in latest ICC ODI rankings!
Indian cricket icon Virat Kohli has advanced two slots to second place on the batters’ list in the latest ICC Men’s ODI Player Rankings.
Team Mohta annexes Ruia Gold Cup title, defeats team Hemant Jalan
Displaying superb form, Mohota, represented by Anurag Mohota, Basanta Mohota, Biswajit Poddar and Sambhunath Ghosh, won the prestigious Ruia Gold Cup defeating seasoned campaigner Hemant Jalan by 144.90 – 123 victory points in the title clash during the Ashok Ruia Memorial Winter National Bridge Championship at in Kolkata on Tuesday.
No woman deserves this! Hardik Pandya explodes at paparazzi over girlfriend Mahieka Sharma’s shocking viral video
Mumbai/IBNS: Indian cricketer Hardik Pandya has strongly condemned the behaviour of paparazzis after a video of his girlfriend Mahieka Sharma was filmed from an inappropriate angle and widely circulated online.
Team Mohta, Jalan enter Ruia Gold Cup final; Banerjee–Tolani win IMP Pair at Winter National Bridge meet
Unheralded Team Mohta, comprising Anurag Mohota, Basant Mohota, Biswajit Poddar, and Sambhu Nath Ghosh, pulled off a major upset on Monday by knocking out last year’s champions Indian Railways “A” to secure a spot in the final of the prestigious Team Gold Cup.
Latest News
Sourav Ganguly, Jubin Nautiyal to attend closing ceremony of Unity Promo Fest on Dec 12
One-year-old child abducted from high-security zone in Agartala; rescue operation launched
Tripura students shine in talent and creativity: CM
Free blood tests halted at Kailashahar Hospital; poor patients express anger
