Tuesday, 26 August, 2025
Dream11 Vows No Layoffs Despite 95% Revenue Loss from Real-Money Gaming Ban
Following India’s new real-money gaming ban, Dream11’s parent company Dream Sports suffered a catastrophic 95% drop in revenues, wiping out all profits. Despite this, CEO Harsh Jain has firmly ruled out any layoffs, citing a strong cash runway and commitment to talent retention. The company is pivoting to a “Dream11 3.0” model—focusing on free-to-play formats, advertising, AI-driven fan engagement, and new monetization streams.
Read full story at People Matters