As India bans real-money games, Dream Sports, MPL start pulling the plug
In a significant move, the Indian parliament has passed a bill banning real-money games, leading several startups to shut down their related offerings. Major players like Dream Sports, MPL, and Zupee are among those pulling the plug on these services. The ban aims to address concerns about the potential for addiction and financial harm associated with real-money gaming. This decision follows growing scrutiny and debate around the regulation of the online gaming industry in India. The affected startups are now faced with the challenge of navigating this new regulatory landscape, potentially exploring alternative business models or focusing on non-real-money gaming offerings. The impact of this ban on the broader Indian gaming ecosystem remains to be seen, as industry stakeholders adapt to the evolving legal and policy environment.
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