FANTASY SPORTS GIANT Dream11 has embarked on its international expansion, launching operations across 11 countries in the wake of India’s real money gaming (RMG) ban. The move marks a pivotal step in the company’s efforts to diversify its presence beyond the domestic market.
Before the ban, nearly 95 per cent of Dream11’s revenue and all of its profits came from its cash-based contest model, which is now prohibited under India’s updated gaming laws, Dream11 co-founder Harsh Jain told Moneycontrol.
As part of its global rollout, Dream11 will now be available in the United States, United Kingdom, Australia, United Arab Emirates, New Zealand, Canada, Malaysia, Nepal, Bangladesh, South Africa, and Sri Lanka.
“This isn’t just an expansion. It’s the beginning of a worldwide community where sport has no boundaries. From metros to match days, from screens to stadiums, the passion for sport is now global,” Dream11 said in a LinkedIn post announcing their expansion.
Following the policy change, Dream11 has pivoted to a free-to-play model supported by advertising and sponsorships. Other RMG firms, including Mobile Premier League and WinZO, have also begun expanding their operations internationally as part of a similar diversification strategy.
