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Gaming Regulation Roulette May Sink Nearly $15 Billion in VC Investments

Gaming Regulation Roulette May Sink Nearly $15 Billion in VC Investments
India’s sweeping ban on real-money gaming—enacted through the Promotion and Regulation of Online Gaming Act, 2025—has placed approximately $15 billion in venture capital investment at risk. Major platforms like Dream11, MPL, Games24x7, and Zupee, which had collectively raised around $2 billion, now face existential threats. Investors and startups are scrambling to pivot, exploring new verticals or markets while assessing potential capital write-offs.

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