Gaming law leads to Dream 11 parent co. losing 95% revenue

PTI

New Delhi, Updated At : 02:00 AM Aug 29, 2025 IST

Unlock Exclusive Insights with The Tribune Premium

Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits

Yearly Premium ₹999 ₹349/Year

Yearly Premium $49 $24.99/Year

Dream Sports, the parent company of Dream 11, has said the new online gaming law resulted in loss of 95 per cent in group’s revenue, but ruled out employee layoffs asserting it will concentrate efforts now on scaling portfolio companies including FanCode, DreamSetGo, Dream Game Studios and Dream Money.

Dream Sports, in a statement said Dream11 has always followed and will continue to follow the law in letter and spirit.

“While this change in law has resulted in a loss of approximately 95 per cent of our group’s revenue, we remain committed to building a great Indian sports company, driven by AI and the creator economy,” it said.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Unlock Exclusive Insights with The Tribune Premium

Suggested Articles