India’s real-money gaming industry collapses following national ban
Several top Indian startups, including Dream Sports, MPL, and Zupee, have begun shuttering their real-money gaming operations after India’s parliament passed a bill banning such games. The legislation outlaws online games involving real money, citing concerns over addiction, financial harm, and lack of regulatory oversight. As a result, companies employing thousands are now winding down portions of their businesses. Industry leaders had previously urged for a regulatory framework rather than a blanket ban, warning of economic and innovation setbacks.
This marks a major shift for the global gaming industry, signaling how quickly regulatory risks can reshape digital markets.
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