Online gaming bills are coming soon! dream11 “pause” paid contest tells users that their balance is safe and can be used to withdraw
Fantasy Sports App Dream11 said Thursday it was stopping its operations “suspend all payouts for Fantasy Sports Competitions” on its platform. This development comes after Lok Sabha and Rajya Sabha of the lower and upper houses of the parliament – clearing the promotion and regulation of the Online Games Act 2025, widely known as the Online Games Act. The proposed legislation shocked the country’s fantasy gaming industry, which grew exponentially with internet penetration and low-cost connectivity.
The upcoming laws (not yet secured in the president’s formal consent) – are designed to protect individuals, especially young people, from financial harm and addiction associated with online games involving money. It also forbids influential people from endorsing such platforms to prescribe serious punishment and punishment for criminals.
Your account balance is safe and available: Dream11 to users
“Your account balance is secure and allows you to withdraw from the Dream11 app,” read a message to users on the platform.
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Online game bill
Union Minister Ashwini Vaishnaw said it was a duty for lawmakers and the government to oppose recurring social ills, such as online currency-based games, stressing that nearly 4.5 billion Indians lost about 2 billion rupees on such platforms every year.
The quasi-law has fines of Rs 10 million and a maximum sentence of three years. The center also plans to build a dedicated online gaming regulator.
“The legislation will apply to India as a whole, and also to online currency gaming services provided within the Indian territory or operated from outside the Indian territory,” an official statement said.
On the other hand, it attempts to support the growth of esports and online social gaming as a safer option.
Also Read: Online Gaming Act: Vijay Deverakonda, Ranbir Kapoor, MS Dhoni Many celebrities who have been under fire for promoting gambling platforms
Meanwhile, industry groups mark plans to challenge the ban in the Supreme Court, believing that the government has failed to consult and that skills-based games such as poker should not be treated in betting applications.
Many executives reportedly warned of major layoffs and closures in app-based businesses.
