The development came a day after the Bengaluru Police filed a First Information Report (FIR) against the founders Harsh Jain And Bhavit Sheth Following a complaint that the Mumbai-based firm was violating Karnataka gaming ban Which came into effect from 5 October.
Dream 11 says that it is in conformity with all laws.
“However, following the recent media coverage, our Karnataka users have expressed deep concern and concern over their safety and security. To address the concerns of our users, we have taken the decision to suspend operations in Karnataka,” the company statement read. “This decision is without prejudice to our rights and disputes under the law.”
The FIR was registered on the basis of a complaint lodged by the Annapurneshwar Nagar police in West Bengaluru, which named the cofounders of the fantasy sports platform.
Dream11 reiterates that this has been advised by the Federation of Indian Fantasy Sports (FIFS), who have shared an opinion with a former Supreme Court judge, stating that the Karnataka Police (Amendment) Act, 2021, has been passed by its members. Does not apply to fantasy sports. operators.
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“This is because the FIFS format of Fantasy Sports has been upheld by the Hon’ble Courts of India as to the amount of gambling, betting or betting,” the company said.