Major setback for Dream11! Gaming app suspends operations in Karnataka after FIR | Companies News


New Delhi: Dream11, one of India’s most popular gaming apps, has suspended operations in Karnataka state in southern India after a lawsuit was filed against its founders, claiming that it was breaking a new law on state gambling.

Police records on Saturday showed that a case had been registered in India’s tech capital, Bengaluru, Karnataka, following a complaint filed by a 42-year-old taxi driver who said he was reported as operational after the entry into force of a ban on online games involving betting. .

“In order to allay the concerns of our users, we have decided to suspend operations in Karnataka. This decision is without prejudice to our rights and claims under the law,” he said in a statement on Sunday.

Dream11, which provides a fantastic games platform for various sports, last year became the first games startup in India to be valued at over $ 1 billion. He has faced legal challenges in the past due to the similarities between fantasy play and gambling.

State law, which came into force last week, prohibits online games involving wagering and wagering and “any act or risk of money, or otherwise on the unknown outcome of an event, including on a game of skill “. Read also: After selling Air India to Tatas, Center now plans to monetize 3 other subsidiaries of IA, Alliance Air

A spokesperson for Dream11 said on Saturday that the company was reviewing its legal remedies and added that “we are a responsible and law-abiding company and we will extend our full cooperation to all authorities.” plans to hire 40,000 candidates

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