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“As an entrepreneur, it’s disheartening to see years of innovation in skill-based gaming being grouped with chance-driven gambling,” she said. For smaller sports such as kabaddi, hockey and esports — which leaned heavily on gaming sponsors — the financial strain may be even sharper. Industry bodies estimate the real-money gaming sector contributes $US200 billion annually in taxes, supports 200,000 jobs, and carries a valuation of $US2 trillion. The new law could effectively wipe out hundreds of startups overnight. Within days of the new laws passing, Mobile Premier League (MPL) said it would sack about 60 per cent of its local workforce. There are many options available, which means you need to use the bonus within a certain period of time.

When it comes to sponsorship, Mr Kamath said there will be a big shift for sports bodies. Dream11 parent company Dream Sports said while the change has resulted in approximately 95 per cent revenue loss, there were no plans to cut jobs. India’s sweeping Promotion and Regulation of Online Gaming Bill, 2025, passed by Parliament last week, has sent shock waves through the gaming and sports industries. Turn any smart device into a time clock app for staff time tracking, accurate shift and break time.

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