It's a knockout punch, lost 95% revenue & 100% profits: Dream11 CEO on real money-gaming ban
During an interview, Dream11 Co-Founder and CEO Harsh Jain called the government's ban on real-money gaming a "knockout punch", but asserted that he's still "a delusional optimist". He said, "We're going to work on...future. But yes, 95% of our group's revenue...and basically 100% of...profit was coming from Dream 11's current business model." This doesn't mean Dream11 is "dead", he added.