Flutter Entertainment Plc has announced the withdrawal of its Junglee Games subsidiary from the Indian market, following the federal legislation banning all forms of Real Money Games (RMG). The decision comes less than a week after the Lok Sabha authorised the Promotion and Regulation of Online Gaming Bill, 2025, introducing a comprehensive framework for the digital gaming sector.

There are three main chapters in the Bill defining RMG as “any online game, whether based on skill, chance, or both, played by a user by paying a fee, depositing money, or other stakes, in the expectation of winning, which entails monetary or other enrichment in return.” Based on this definition, rummy, fantasy cricket, and other skill-based titles fall within the ban, ending a long-running debate in India over their legality.

Flutter’s Reaction to the Ban

In a statement, Flutter said it was acting under an “exceptionally short” timeframe, noting that the Bill was introduced to Parliament on August 20 without consultation with industry stakeholders. The group stressed that Junglee was positioned as a social and skill-based gaming platform, compliant under previous laws.

Peter Jackson, CEO of Flutter, expressed disappointment at the move: “Over the last four years, Junglee has invested significantly in its local market, building a workforce of over 1,100 employees to deliver innovative skill-based gaming products to Indian customers. Central to this has been a strategy prioritising consumer protections and responsible gaming. We believe this change will drive customers to the unregulated market, offering limited protections and no contribution to the local economy.”

Wider Market Fallout

Flutter is not alone in facing disruption. Reports confirm that leading RMG studios including Dream11, My11Circle, Zupee, Gameskraft, Mobile Premier League (MPL), and Probo have already suspended their money-based operations. In Probo’s case, both its trading app and fantasy cricket platform, Team 11, have been shut down.

The sudden shift places India’s $4 billion digital gaming economy in jeopardy. Analysts estimate over 400 studios and platforms must now decide whether to withdraw, restructure, or switch to non-monetary models.

Flutter’s Future Plans For the Market

Despite closing Junglee’s RMG operations, Flutter reiterated its commitment to India’s technology sector. The company has expanded its Global Capability Centre in Hyderabad to over 1,000 staff, supporting global brands across the Flutter portfolio.

At the same time, the company is exploring options to advocate for the restoration of constitutional protections for skill-based games. “We believe in regulatory frameworks that put customers first. Our priority remains safe, responsible gaming, and we will continue to adapt as the market evolves,” Jackson added.