Dream 11 suspended its operations in Karnataka, adding the “decision is without prejudice to our rights and contentions under law.” The Karnataka Police (Amendment) Act, 2021 came into effect on October 5, and bans online “games of chance”.ĭream11 has reiterated that it had been advised by the Federation of Indian Fantasy Sports that the law does not apply to its member fantasy sports operators.ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. In October, the Annapoorneshwari Nagar Police station had registered an FIR against the fantasy gaming platform on a complaint from a city resident that it was violating a new state law that bans wagering and betting on online games. It meant that the Bengaluru Police would not be able to take any coercive action against them until further court orders. It is now expanding its sports, fan engagement and fitness portfolio in India and overseas.ĭream Sports' latest fundraising comes amid on-again, off-again regulatory roadblocks that the online gaming industry has been facing in the country.Įarlier this month, the Karnataka High Court extended a partial relief it had granted to the cofounders of Dream Sports. In August, the firm said it had set up a corporate venture arm, Dream Capital, with a corpus of $250 million to transition into a sports technology conglomerate.ĭream Capital has so far backed 10 companies, including, Fittr, SoStronk, KheloMore and Elevar. Dream Sports also introduced payment solutions through Dream Pay, launched an accelerator called DreamX, and operates DreamSetGo, a sports experiential company. It recently committed $50 million to inhouse sports content and commerce platform, FanCode, in a broader push to become a one-stop destination for sports. The 13-year-old company has diversified its offerings in recent years to cover sports technology products and services. The fresh financing comes on the back of the Mumbai-based firm closing a $400 million secondary funding round in March, which valued the company at around $5 billion. TPG and Footpath Ventures also participated. New and existing investors led the round, including Falcon Edge, DST Global, D1 Capital, Tiger Global and Redbird Capital. Tap and SPACE BAR to perform a short pass, tap and hold to build power and release to perform a long pass, and a goal kick.Mumbai: Dream Sports, the parent company of online fantasy gaming platform Dream11, has raised $840 million at a valuation of $8 billion. Use the WASD keys to move around and the SPACE BAR to kick the ball.
The story mode is about a coach trying to earn a cup with his team. Next, you can pick one of the modes to play.
Do you have what it takes to win each match you participate in?įeaturing 3 different game modes, there's a lot to do in this game! To start the game, click on the screen on the first screen. With moving handlebars, cleated pedals, and the actual bike built. Your supporters have filled the stadium, and everyone is waiting for the referee's whistle. We’ve just clapped eyes on the XDream exercise bike, designed to bridge the gap between the virtual world and those muddy trails. In Kix Dream Soccer, get ready to return to the field! With a cup to earn and players to buy, you have a lot to do in this addictive and fun game.
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