Dream11 Responds as Online Gaming Bill Gets President’s Assent | Hindu Metro

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The Online Gaming Bill has officially received the President’s assent, marking a turning point for India’s fast-growing online gaming industry. The legislation, designed to regulate online real-money gaming platforms, has sparked mixed reactions from companies, users, and policymakers. Popular fantasy sports giant Dream11 has now issued a statement addressing the implications of this law and its impact on millions of gamers across the country.

What is the Online Gaming Bill?

Dream11 banned Online Gaming Bill Gets President’s Assent |

The Online Gaming Bill seeks to bring greater regulation, transparency, and accountability to the online gaming sector. With the exponential rise of fantasy sports, online card games, and other real-money platforms, the government has introduced this Bill to ensure responsible gaming practices, curb addiction, and bring clarity on taxation.

President’s Assent and Its Impact

With the President’s approval, the Bill is now law and will immediately affect all registered gaming companies in India. The law defines what constitutes “permissible gaming” and lays down penalties for violations. This move is being closely watched by investors, developers, and players as it could shape the future of digital entertainment and sports gaming in India.

Dream11’s Official Statement

Dream11, India’s largest fantasy sports platform, welcomed the clarity the Bill brings but also highlighted the challenges it poses. In its statement, Dream11 said it supports the government’s vision of responsible gaming and compliance but stressed the need for fair taxation policies and protection for innovation. The company assured its users that their gaming experience will continue uninterrupted while it adapts to the new regulations.

Industry Reactions to the Bill

The online gaming industry remains divided. Some companies believe the Bill provides much-needed structure to the sector, while others worry about increased compliance costs and taxation. Experts also fear smaller startups may struggle to survive under stricter rules, potentially reducing competition and innovation.

What It Means for Indian Online Gamers

For everyday users, the Bill means stricter rules around deposits, age verification, and fair play standards. While this may increase transparency and safety, some fear the cost of compliance will eventually pass down to players in the form of higher entry fees.

Dream11 reacts as Online Gaming Bill becomes law – big shift for India’s gamers.

Conclusion

The assent of the Online Gaming Bill marks a new era for India’s online gaming industry. With Dream11’s statement setting the tone, the coming months will reveal how gaming platforms adapt to regulatory changes and what it means for the millions of Indians who rely on these platforms for entertainment.

Stay tuned with Hindu Metro for more updates on the Online Gaming Bill and its impact on the digital entertainment industry.

In a major development for India’s booming online gaming industry, the Online Gaming Bill has officially become law after receiving the President’s assent. The move aims to regulate real-money gaming platforms and ensure safe, responsible play for millions of users.

Soon after the announcement, fantasy sports giant Dream11 released an official statement, welcoming the clarity but also voicing concerns over challenges the industry may face.

Dream11 Breaks Silence After President Signs Online Gaming Bill into Law

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