Indian fantasy sports operator Dream11 has suspended its services in the Indian state of Karnataka following a legal action that alleges the company breaches a new regulation against online gambling
Harsh Jain, chief executive and co-founder of Dream Sports, which owns India’s largest fantasy sports platform Dream11, has stated that in future they will not turn to Chinese investors to raise funds.
The Indian state of Tamil Nadu is the third state to ban online games and gambling, with the state of Karnataka also said to be considering similar action
IPL driving growth in Indian fantasy sports sector Users predicted to hit 100m this year Sector continues to face legal challenges
India-based fantasy sports platform Dream11 is in talks with at least four private equity firms as part of its latest round of funding that could see its overall valuation break the $2.5bn (€2.1
The National Football League's Indianapolis Colts are partnering with daily fantasy sports company FanDuel for the remainder of the 2019-20 season.
In the wake of the US Supreme Court decision earlier this year to allow sports gaming, six states have already moved quickly to allow betting on sporting events in their states