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Dream11 labels bcci a liar! CEO claims that there is no decision on contract suspension


Secretary of the Board (BTSI) for the cricket in India Devajit Saikia announced that Idea11 would no longer serve Indian Team leader form sponsor. However, the fantasy sports company said there was no decision to suspend the contract with the Board.

The Indian government has passed the promotion and regulation of online game invoice in parliament. This bill prohibits money-based fantasy sports and gambling platforms in India. Dream11 should stop paid competitions. The Asian Cup, which will start in Dubai on September 9, is currently in talks with the company.

BCCI and Dream11 Stops Relationships – Devajit Sikia

Dream11, the main company of Dream11, in July 2023, 358 crore with 358 crore with BCCI with a three-year sponsorship deal. The company took from BYJU as the Sponsor of the Leader Form of India.

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However, last week, the transition to the online game invoice and the consent of the president made it impossible to continue the contract. The new law prohibits the presentation of all money based on all money and the media and blocks financial transactions related to such platforms.

Dream Sports’ The main source of income is real money fantasy races. If the new law affects his work, the company will not pay BTCI.

BMSSI Secretary Devajit Siaikia, as a sponsor of Jersey came out of sports. “BTSI and DREAM11 stop their relationship after the promotion and regulation of online gaming invoice in 2025. BTCI will ensure that no fun with such organizations in the future,” he said.

We have an incredible relationship with BCCI – Dream11 CEO

Dream Sports Co-Founder and Dream11 CEO CEO Harsh Jain said they had an incredible relationship with BCCI. In an interview with MoneControl on August 25, he started about a decade ago.

“We have established an incredible relationship with BTCI for almost a decade. Because we are an official partner for IPL, it was one of the first technological companies to do.

No decision has not yet been decided- Hard Jain

Harsh Jain said the company’s work model was broken by the new game law. He said that any decision on sponsorship would be carried out only through mutual agreement, and the last resolution has not yet been reached.

“But I think this is all based on a work model.

These discussions are currently underway. I only can say that there has not yet been made. However, these are discussions on how we can mutually agree on the road forward. “

Read: ‘Yuvraj Singh had to play 100 tests





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