The Indian team might go into the Asia Cup 2025 without a jersey sponsor after the ‘Promotion and Regulation of Online Gaming Bill’ was cleared in the Parliament on Thursday. The passing of the Bill banned all kinds of online fantasy sports and gambling platforms, including Dream11.
Dream11 has been team India’s lead sponsor since July 2023 when it signed a three-year contract replacing BYJUS. According to several media reports, the BCCI-Dream11 deal was worth ₹358 crore. “The Board of Control for Cricket in India (BCCI) is pleased to announce Dream11, India’s biggest fantasy sports gaming platform as Team India’s lead sponsor for the period of three years,” a BCCI release said on July 1, 2023.
However, with the new rule, BCCI might lose Dream11 as its principal jersey sponsor. Although the Indian cricket board is yet to officially release a statement on the matter, BCCI secretary Devajit Saikia stated that they will go by the government directives.
“If it’s not permissible, we’ll not do anything. The BCCI will follow every policy of the country that is framed by the central government,” Saikia was quoted as saying to news agency AFP on Friday. Like BCCI, Dream11 is also yet to make an official statement on their deal with BCCI.
Dream11, on Friday, has issued statement stating that “cash games and contests have been discontinued” after the bill was passed in the Indian parliament.
The bill that bans online money games and betting has now criminalised the promotion and financing of such games, with offenders facing up to five years in prison.
According to Sportstar, the government figures indicate that the fantasy sports platforms had stripped USD 2.3 billion annually from 450 million people.
Reacting to the passing of the ‘Promotion and Regulation of Online Gaming Bill’, Prime Minister Narendra Modi on X said, “This Bill, passed by both Houses of Parliament, highlights our commitment towards making India a hub for gaming, innovation and creativity. It will encourage e-sports and online social games. At the same time, it will save our society from the harmful effects of online money games.”
On the other hand, Ashwini Vaishnaw, Minister of Technology, said, “The Bill takes a balanced approach—promoting what’s good and prohibiting what’s harmful for the middle class and youth.”
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