
New Delhi. After passing the online gaming bill, the fantasy gaming company Dream 11 (Fantasy Gaming Company Dream11) is preparing to close its real money gaming business. According to sources, the company has given this information to the employees. The real-mani games trading had about 67% of the annual income of Dream Sports. However, the company has clarified that the customers whose money is in Dream 11 wallet will be able to withdraw it.
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The online gaming bill-2025 has been completely banned on the real-mani games operated across the country after being passed by Parliament. These include fantasy sports, poker, rami and betting-style apps. Along with this, the danger of getting the money play in these apps wallets has also increased. At the same time, online gaming platform Jupi has decided to close his payment -based game. The company made it clear that its free games would be available as before.
More than 700 foreign online money gaming companies
Especially in these online gaming apps, which are operating from abroad. Currently more than 700 foreign online money gaming companies are active, which has added UPI as a payment option. In the last several days, there has been a lot of bounce in transactions in these companies through UPI, but after the stringent provision in the new bill, they will be completely stopped and payment will be stopped. It is believed that this may stuck the amount of people using these apps.
Fraud to withdraw money
After the new bill, there has been chaos of withdrawing money from gamers from online money gaming portal and apps. Handling this situation has become challenging for gaming companies. There is a possibility of ‘bank run’ situation arising in it, as not all companies have adequate cash resources available. Bank runs are a situation in which a large number of customers suddenly start to withdraw their money together, then the financial institution does not have enough cash. This further worsens the situation.
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