Online money games started closing down as soon as the bill was passed by the Parliament, it will become a law as soon as it gets the President's approval

News Topical, Digital Desk : After the Parliament passed a bill banning online money gaming, such apps have started shutting down money games on their platforms. These include Mobile Premier League (MPL) and Zupee.

Soon, fantasy and card gaming apps like Dream11, My11 Circle, PokerBaazi and Rummy Circle may also stop money gaming on their platforms. It is believed that the implementation of the new law may cause a setback to the country's $3.8 billion online gaming industry.

It will take the form of a law as soon as it gets the assent of the President

It is worth noting that the Promotion and Regulation of Online Gaming Bill, 2025 was passed by the Rajya Sabha on Thursday. It was already passed by the Lok Sabha. It will take the form of law as soon as it gets the President's approval.

The new law will also affect Games 2437 (operator of My11Circle and RummyCircle), Junglee Games, Winzo, Howzat, SG11 Fantasy, Gameskraft (RummyCulture) and PokerBaazi apps. Nazara Technologies, an investor in PokerBaazi despite its limited stake in real money gaming, may also be affected.

Indian Premier League's MPL market value is $2.5 billion

It is worth noting that the market value of Dream-11's Indian Premier League (IPL) is $8 billion and MPL's market value is $2.5 billion. MPL, which has stopped money gaming, said that it has stopped all money games on its platform with immediate effect as per the government ban.

At the same time, Zupee said that games like Ludo Supreme, Ludo Turbo, Snakes and Ladders and Trump Card Mania will remain available to all users on its platform. On the other hand, industry groups have warned that if the ban is implemented, there will be massive losses. They estimate that about 2,00,000 jobs could be lost.

could have an impact on tax revenue

Also, foreign direct investment (FDI) worth Rs 25,000 crore and tax revenue worth Rs 20,000 crore could be affected. Analysts have also warned that these restrictions could lead to around 45 crore Indian users being attracted to illegal foreign gaming platforms.

letter written to home minister

All India Gaming Federation, E-Gaming Federation, Federation of Indian Fantasy Sports have jointly written a letter to Union Home Minister Amit Shah demanding immediate intervention in the matter. They say that such a complete ban will destroy this industry. This will lead to loss of jobs and crores of users will move to illegal foreign betting and gambling platforms.

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