Virat Kohli, Rohit Sharma, and MS Dhoni are hit hardest; Indian celebrities to forfeit INR 200 crore following online gaming prohibition

Virat Kohli, Rohit Sharma, and MS Dhoni are hit hardest; Indian celebrities to forfeit INR 200 crore following online gaming prohibition

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By: Aishna Ohri


Published on 27 Aug 09:40

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It is a regulation that will impact every aspect of the cricket ecosystem, from the top figures in the sport to the emerging cricket leagues found globally that were funded by these gambling firms.

Dream11's decision to pull its sponsorship of India’s national team jersey marks the beginning of a significant gap in the cricket economy, as firms like Dream11, My11Circle, and several other rivals have become vital to the functioning of elite cricket. This also entails partnerships with the IPL, the wealthiest cricket tournament worldwide, specifically as promoters of several of the game's most prominent athletes under the BCCI's oversight.

A report from Cricbuzz after the ban indicated that certain players in India would face financial losses as these companies were likely to withdraw from cricket and shift their focus abroad. Fans may recognize advertisements during cricket tournaments and the IPL featuring their favorite players promoting fantasy gaming sites, with these advertorials and promotional efforts valued so highly that Indian cricketers are predicted to face a collective loss of 150-200 crore Indian rupees