For years, India’s iGaming market was celebrated as one of the fastest-growing digital industries in the world. With more than 400 million users, platforms like Dream11, MPL, and PokerBaazi built billion-dollar valuations on the back of real money games (RMGs) such as rummy, poker, and fantasy sports.
But all of that came crashing down in just 72 hours. On August 21, 2025, the Promotion and Regulation of Online Gaming Bill, 2025 passed the Rajya Sabha, after already clearing the Union Cabinet and the Lok Sabha. The lightning-fast legislative process signals the government’s intent to ban all real money gaming — a move that could wipe out an entire industry overnight.
While India’s government is celebrating a fast win, history suggests another outcome: the rise of the black market.
This is exactly what has happened in the US and Brazil, where bans have only fueled illegal platforms.
Imagine if Parliament had passed other critical reforms this quickly. Instead, in under three days, it dismantled one of India’s sunrise sectors worth ₹2 lakh crore.
“The Promotion and Regulation of Online Gaming Bill, 2025, passed the Rajya Sabha on Thursday (August 21, 2025), clearing the Union Cabinet and both Houses of Parliament within 72 hours, as the government moves to quickly ban real money games (RMGs). The law is now headed to President Droupadi Murmu’s desk for her signature, after which it will become an Act. The move could render firms like Dream11, MPL and PokerBaazi’s main revenue-generating activity — pay-to-play stakes-based gaming — crushed overnight.” — The Hindu
“The Rajya Sabha on Thursday passed the Promotion and Regulation of Online Gaming Bill, 2025, without any debate, following its passage in the Lok Sabha a day earlier. The Upper House cleared the legislation after rejecting amendments proposed by Opposition members.” — Business Standard
The Indian government’s rapid-fire ban on RMG marks a historic turning point for the digital economy. Instead of creating a regulated, taxable, and consumer-safe ecosystem, it has chosen the nuclear option.
The result? A stronger black market, weaker investor confidence, and tens of thousands of lost jobs.
👉 For advertisers and affiliates, the shift is immediate. Regulated RMG is gone, but Indian iGaming traffic is still massive. If you’re looking to reach this audience safely and effectively, Clickadu has it.
Table of Contents
Business Development Team Lead