Dream11, considered one of India’s hottest gaming apps, has suspended operations within the southern Indian state of Karnataka after a grievance was registered in opposition to its founders claiming it was in violation of a brand new state playing regulation.
Police data on Saturday confirmed a case has been registered in India’s tech capital Bengaluru, in Karnataka, following a grievance by a 42-year-old cab driver who reported it as being operational after a ban on on-line video games involving betting got here into pressure.
“With a purpose to allay our customers’ issues, we now have determined to droop operations in Karnataka. This choice is with out prejudice to our rights and contentions beneath regulation,” it mentioned in an announcement on Sunday.
Dream11, which offers a fantasy gaming platform for numerous sports activities, final 12 months turned India’s first gaming startup to be valued at over $1 billion (roughly Rs. 7,535 crores). It has confronted authorized challenges previously as a result of similarities of fantasy gaming to playing.
The state regulation, which got here into impact final week, bans on-line video games involving betting and wagering and “any act or risking cash, or in any other case on the unknown results of an occasion together with on a sport of talent”.
A Dream11 spokesperson mentioned on Saturday that the corporate is analyzing its authorized treatments, and added that “we’re a accountable, regulation abiding firm and can lengthen our full cooperation to any authorities”.
© Thomson Reuters 2021