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Launch of Cricbuzz11
The fantasy sports landscape in India has just gotten more exciting with the launch of Cricbuzz11, a fantasy gaming platform by Cricbuzz, a popular cricket news platform owned by Times Internet. This move comes ahead of a busy cricketing season, with major tournaments like the Champions Trophy, Women's Premier League (WPL), and the Indian Premier League (IPL) on the horizon. Cricbuzz11 is operated by DP Platform Private Limited, which shares the same address as Dream11, indicating a significant partnership between the two entities.
Key Features and Implications
As per the terms of service on the Cricbuzz11 platform, it is clear that the fantasy platform is closely linked to Dream11, with the company master data showing that DP Platform Private Limited was incorporated in 2024. The contact email provided, email@dream11.com, further solidifies this connection. This partnership marks a first between a leading cricketing portal and a fantasy gaming leader, distinct from common advertising deals in the sector. The launch of Cricbuzz11 is expected to enhance the fantasy cricket experience for fans, offering them a new platform to engage with their favorite sport.
Industry Developments and Future Outlook
The launch of Cricbuzz11 comes at a time when the online gaming industry is awaiting a crucial verdict from the Supreme Court regarding the retrospective application of the 28% GST on the full value of bets. The court has granted a temporary stay on the GST show-cause notices issued to several online gaming companies, including Dream11, with a final hearing scheduled for March 18, 2025. As the fantasy sports sector continues to evolve, the partnership between Cricbuzz and Dream11 is poised to make significant waves, offering fans unparalleled fantasy cricket experiences and shaping the future of online gaming in India.
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