News Score: Score the News, Sort the News, Rewrite the Headlines

MC interview: “Lost 95% of revenues, 100% of profits, but remain a delusional optimist”: Dream11 founder Harsh Jain on real money gaming ban

Dream Sports CEO Harsh Jain Harsh Jain, co-founder and CEO of Dream Sports, the parent company of fantasy sports leader Dream11, seems remarkably composed following last week’s ban on real-money games imposed by the Indian government.The new gaming legislation, which bans all forms of real-money gaming in India, has erased 95 per cent of the group’s revenues and all its profits.Dream Sports, India’s most valuable and profitable gaming unicorn, reported an operational revenue of Rs 6,384 crore fo...

Read more at moneycontrol.com

© News Score  score the news, sort the news, rewrite the headlines