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As India bans real-money games, Dream Sports, MPL start pulling the plug
Several Indian startups, including Dream Sports, MPL, and Zupee, are shutting down their real-money games after parliament passed a bill banning such games.
Shortly after the bill passed in the parliament, Indian unicorns Dream Sports and Mobile Premier League (MPL) — along with other startups like Gameskraft, Probo, and Zupee — began shutting down their real-money gaming operations. Similar to Dream Sports, MPL, backed by investors including Peak XV, Times Internet, MSA Novo, and Crown Capital, has suspended all real-money games and is no longer taking deposits. “We no longer have a secure job, as these companies are expected to cut some roles in the coming days to sustain their business and satisfy investors,” one employee, who requested anonymity for fear of jeopardizing future opportunities, told TechCrunch.
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