BCCI Done Now Team has started the process of finding a new sponsor for India. Fantasy sports company Dream11 Now the title sponsor of the Indian cricket team is no longer. WineंThat, the board’s efforts are going on, but it is believed that new before the next month of Asia Cup Sponsor But the final decision is difficult.
BCCI started the process
Please tell that the government has passed recently ‘The real-mani gaming platform has been banned under online gaming promotion and regulation bill 2025. For this reason, Dream 11 will no longer be the title sponsor of the Indian cricket team from the Asia Cup. At the same time, BCCI Secretary Devjit Saikia confirmed this and said that the board has now started the process of finding new title sponsors for national teams.
BCCI Secretary Devjit Saikia said in a conversation with PTI on Monday, “Our situation is clear. According to government rules, BCCI cannot now sponsorship with Dream 11 or any such gaming company. It is impossible to pursue our agreement with Dream 11 due to the new law.” He further said, “So we have to break the deal with him and now we are looking for new options. Sponsor is trying to fill the empty space, but nothing has been decided yet. As soon as there is a decision, the media will be officially told.”
The ban on real money gaming has affected the revenue of all fantasy gaming companies. It is clearly written in the new law that no person can provide online money gaming service, neither can help them nor promote them. Any kind of ad, which is directly or indirectly inspired people to play such games, is completely banned. If someone breaks this rule, he can be fined up to one crore rupees or a jail sentence of up to three years.
Dream 11 deal ended prematurely
Dream 11 won a three-year agreement for Indian national teams (senior men, female, under-23, under-19 men and women) in the year 2023. This deal ₹358 Crore (about 44 million dollars). Now, Dream 11 is excluding from the deal remaining about a year left in the deal period. However, there is no possibility of any penalty or penalty on the company for this. A senior official told PTI that BCCI understands the status of Dream 11. BCCI’s profits will also be affected by this situation and now the board will have to formulate a new strategy. He further stated that only 15 days are left for India’s first Asia Cup match to start, so it will be very difficult to find new sponsors.
New sponsorship will take time
BCCI Of An official said that there is a fixed process for the Indian team to choose a new title sponsor. Under this, the first notice is issued and called for attraction. The auction is then examined and finally the sponsor’s name is fixed for the team. The official said that time takes time in this entire place and it will be completed only by following all the legal rules.
IPL will also affect
After Dream 11, now My11Circle Also for the Indian Premier League (IPL) It can be difficult to remain a fantasy sports partner. The company has given total under five years of deal ₹625 Crore (every year ₹125 Crore) promised to give. An official said, “It is clear that we are monitoring the situation. Any company dependent on real money gaming will have to suffer a big loss. But in the case of IPL, the BCCI has enough time. If a company comes out, there will be no problem.”