Business

Big blow to Dream11! Gaming app shuts down operations in Karnataka after FIR

New Delhi: Dream11, one of India’s most popular gaming apps, has suspended operations in the southern Indian state of Karnataka after a complaint was filed against its founders, claiming that it was a new state Gambling is a violation of the law.

India’s technical capital Bengaluru in Karnataka has registered a case on Saturday following a complaint by a 42-year-old cab driver who reported it to be operational following a ban on online games involving betting, police records showed on Saturday. .

“To address the concerns of our users, we have decided to suspend operations in Karnataka. This decision is without prejudice to our rights under the law and disputes,” it said in a statement on Sunday.

Dream11, which provides a fantasy gaming platform for various games, last year became India’s first gaming startup to be worth over $1 billion. It has faced legal challenges in the past due to the similarities between fantasy gaming and gambling.

The state’s law, which went into effect last week, bans online games including betting and wagering and “any act or risk of money, or otherwise unknown outcome of an event, including games of skill.” Read also: After selling Air India to Tata, Center now plans to monetize 3 other AI subsidiaries, Alliance Air

A spokesperson for Dream11 said on Saturday that the company is investigating its legal remedies, adding that “we are a responsible, law-abiding company and will extend our full cooperation to any authority”. TCS Recruitment: In IT major recruitment spree, plans to hire 40,000 candidates

Back to top button