Is Dream11 ban in India?

reuters.com - India's Dream11 app faces police case after introduction of gaming ban

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NEW DELHI, Oct 9 (Reuters) - Dream11, one of India's most popular gaming apps backed by Tiger Global, is facing a police case in the state of Karnataka for alleged violation of a new local law that prohibits online gaming. The state law, which came into effect this week, bans online games involving betting and wagering and "any act or risking money, or otherwise on the unknown result of an event including on a game of skill". Many gaming apps, including Sequoia Capital-funded Mobile Premier League, have stopped offering services to users in the state, but Dream11 had continued. read more Police records on Saturday showed a case has been registered in India's tech capital Bengaluru, in Karnataka, against Dream11's founders following a complaint by a 42-year old cab driver who reported the gaming app as being operational after the ban came into force. Dream11 told Reuters it believes "the complaint is motivated," but did not elaborate. The company is examining its legal remedies and "we are a responsible, law abiding company and will extend our full cooperation to any authorities," a spokesperson said. The Dream11 app was still allowing users in Karnataka, home to India's Silicon Valley, to play fantasy games on Saturday. The Karnataka ban has intensified concerns that growing state regulations could hit the nascent but booming gaming sector in India, where foreign investors have pumped in millions of dollars in recent months. The Dream11 and MPL platforms, offering paid contests with cash prize for players, have expanded rapidly in recent months with extensive marketing and hires. Dream11 is seeking a U.S. listing by early 2022, local media has said. The Karnataka law imposes hefty fines and prison terms on violators and has been implemented amid growing concerns that online gaming platforms, like gambling, are addictive and can cause financial harm. read more

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Who won 2 crore in Dream11 yesterday?

Waseem Raja Waseem Raja became a millionaire overnight when he won Rs 2 crores on an online fantasy cricket platform, Dream 11.

indiatoday.in - 'Like a dream': Rs 2 crore win makes Kashmiri man millionaire overnight

Waseem Raja became a millionaire overnight when he won Rs 2 crores on an online fantasy cricket platform, Dream 11. By Ashraf Wani: A young man from South Kashmir’s Bijbehara area became an overnight millionaire by winning Rs 2 crores on an online fantasy cricket platform Dream 11. While talking to India Today, Waseem Raja from Shalgam village in J&K’s Anantnag district, said that he was asleep on late Saturday night, when some friends called him up and informed him that he was placed first in Dream 11 following which he realised that he had won around Rs 2 crores.

As the news broke out, people started congratulating him and his family. "I have been trying my luck for the last two years by creating fantasy teams in the IPL," he said. "Becoming a millionaire overnight is like a dream. This will help us to overcome poverty as we belong to a financially weak section," he said. My mother, he said, is ailing. "Now I will be able to treat her." Videos went viral on social media in which people can be seen congratulating Waseem Raja. Dream11 is an Indian fantasy sports platform that allows users to play fantasy cricket, hockey, football, kabaddi, and basketball. In April 2019, Dream 11 became the first Indian gaming company to become a unicorn.