What are Dream 11 and WinZo gaming doing after government banned real money gaming, they are planning to…

Dream11 has indicated that it will not challenge the new law in court, rather, it will focus on DreamCricket, DreamMoney, DreamSetGo and FanCode.

Dream 11 Winzo update: In a significant turns of events after the Modi government banned real-money gaming, Dream11’s parent company, Dream Sports, is preparing to launch a new app called Dream Money, marking a move into financial services. As mentioned earlier, the shift comes amid the government’s restrictions on real-money gaming, prompting the Indian fantasy sports platform to explore alternative platforms beyond fantasy sports and gaming. Here are all the details you need to know regrading how Dream 11’s parent company, led by Harsh Jain is planning its next action after the government action.

Similarly, rival platform WinZO is also working on new product lines to adapt to the ban. Both companies are diversifying their offerings to retain users and sustain growth in the face of regulatory challenges that have shaken India’s real-money gaming sector.

Will Dream11 challenge government in court?

Speaking to Storyboard18, Harsh Jain said that, “When our business model was constitutionally protected, we ran it. Now that the law has changed, we’ve complied immediately — even before the ban was formally signed. And I can say clearly: Dream11 will not challenge this law in court.”

After the Online gaming bill, the Dream 11 CEO has said that the company focus on DreamCricket, DreamMoney, DreamSetGo and FanCode.

Story highlights:

1. Dream11 has indicated that it will not challenge the new law in court.
2. The Dream11 CEO has indicated that the company will grow DreamCricket, DreamMoney, DreamSetGo and FanCode.
3. Dream 11 also launched a new app called Dream Money.

President Murmu gives assent to Online Gaming Bill

President Droupadi Murmu on Friday gave assent to the Promotion and Regulation of Online Gaming Bill, 2025, a day after it was cleared by the Parliament, a report carried by IANS said.

The new law imposes stringent penalties on those facilitating such services, with imprisonment of up to three years and fines reaching Rs 1 crore. Advertising or promoting such platforms will also attract punishment of up to two years and fines of Rs 50 lakh.

(With inputs from agencies)