Gambling Dream11
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Three Special Leave Petitions (SLPs) have been filed in the Supreme Court against the April 2019 order of the Bombay High Court holding Dream11 to be a game of skill and approving the company’s manner of payment of Goods and Services Tax (GST).
*Dream11 Gambling Or Not
*Gambling Dream Meaning
*Dream11 Gambling Quora
*Gambling Dream11 Prediction
Home » Gambling » Rajasthan HC Reiterates that Dream11 is a Game of Skill 21 Feb 2020 cadoo A division bench of the Rajasthan High Court in an order given last week, reiterated the earlier pronouncements of the Punjab & Haryana and Bombay High Courts that ruled fantasy sports to be games of skill and consequently falling outside the ambit of. Tencent-backed Dream11 offers an online fantasy game, wherein players can create different virtual sports teams, comprising as many players in real life cricket teams.
Through its order, the division bench of the Bombay High Court comprising Justices Ranjit More and Bharati H. Dangre had noted that no case could be made out by the petitioner Gurdeep Singh Sachar, for GST evasion and that the company was paying 18% GST on the fees it retained from the players pool, which was the correct manner of paying GST.
The court also rejected Sachar’s contention that fantasy sports amounted to gambling and noted that the Punjab and Haryana High Court as well the Supreme Court in several cases have laid down the test for games of skill, and fantasy sports have been established to be a game involving substantial degree of skill.
Varun Gumber, a lawyer who had earlier filed a petition against Dream11 in the Punjab & Haryana High Court as well as appeal against that order in the Supreme Court, once again approached the Supreme Court in appeal against the Bombay High Court’s order in the Gurdeep Singh Sachar case.
Gumber’s latest petition has however been promptly dismissed by the Supreme Court through an order dated 4th October, 2019.
A division bench comprising of Justices Rohinton Nariman and V. Ramasubramanian through a one line order dismissed Gumber’s appeal against the Bombay High Court judgment.
Interestingly however, the Union of India and State of Maharashtra also filed special leave petitions against the Sachar judgment in November, 2019, challenging the Bombay High Court’s clean chit to Dream11 in the manner it pays its GST and the ruling that the fantasy sports format offered by the company amounts to a game of skill.
The petitions of the Maharashtra and central governments are likely to come up for hearing before the Supreme Court in the next few weeks. It remains to be seen whether the petitions will be admitted and heard in detail by the Supreme Court.DREAM11SportsIndustryFantasy sportsFounded2008FoundersHarsh Jain, Bhavit ShethHeadquartersIndiaOwnersDream SportsNumber of employees542 (August 2020)ParentDream Sports[1][2]Websitewww.dream11.com
Dream11 is an Indian fantasy sports platform[3] that allows users to play fantasy cricket, hockey, football, kabaddi, and basketball.[4][5] In April 2019, Dream11 became the first Indian gaming company to enter the ’Unicorn Club’.[6]History[edit]
Dream11 was co-founded by Harsh Jain and Bhavit Sheth in 2008.[7] In 2012, they introduced freemium fantasy sports in India for cricket fans.[7] In 2014, the company reported 1 million registered users, which grew to 2 million in 2016 and to 45 million in 2018.[8][9] In April 2019, Steadview Capital completed secondary investment in Dream11. Apart from Steadview, Dream11’s investors included Kalaari Capital, Think Investments, Multiples Equity and Tencent.[6]Legality[edit]
In 2017, a case was registered against the company in an Indian High Court. The court, in its ruling, stated that playing the Dream11 game involves superior knowledge, judgement and attention. The Court also held that ’the element of skill’ had a predominant influence on the outcome of the Dream11 game. However, the law does not allow fantasy sports in a few Indian states like Assam, Odisha and Telangana[10] and Andhra Pradesh.[11] A challenge to this judgement was filed with the Supreme Court of India, which dismissed the appeal.[12] The judgement provided legality to the company and allowed them to run their operations throughout the country.[13]
Despite it being adjudged to be a ’game of skill’, experts believe that the company operates in the country’s regulatory ’grey area’.[14][15] Dream11 is not available on the Google Play store for Android devices as Google does not allow apps that run cash contests.[16][17]Partnerships[edit]
On 18 August 2020 Dream11 won the rights for the 2020 Indian Premier League sponsorship for ₹ 2.22 billion after Vivo pulled out for a year.[18]In August 2020, The Board of Control for Cricket in India (BCCI), announced Dream11 as the Official Partner for the Indian Premier League.Additionally, the ‘Official Fantasy Game’ of IPL will also be powered by Dream11.
In October 2019, New Zealand Cricket (NZC) announced Dream11 as the title sponsor for the Super Smash domestic Twenty20 competition.[19]
In 2018, Dream11 announced its partnership with ICC (International Cricket Council),[20]Pro Kabaddi League,[21]International Hockey Federation (FIH),[22]WBBL and BBL.[23] In 2018, through the above partnership, Dream11 introduced two new games on their platform viz., Kabaddi and Hockey.Dream11 Gambling Or Not
In 2017, the company partnered with three leagues within cricket, football and basketball. Dream11 became the Official Fantasy Partner for Hero Caribbean Premier League, Hero Indian Super League and National Basketball Association (NBA).[3] Later in the year, they partnered with the Hero Indian Super League as their Official Fantasy Football Partner.[24][25] In November 2017, US professional basketball league National Basketball Association (NBA), launched a fantasy basketball game in association with Dream11 and launched their official NBA fantasy game on their platform.[26][27]Brand ambassadors[edit]Gambling Dream Meaning
Cricketer Mahendra Singh Dhoni is the brand ambassador of Dream11 and launched the “Dimaag se Dhoni” media campaign during the 2018 Indian Premier League.[28] The company had first signed commentator Harsha Bhogle as their brand ambassador in 2017.[29] For 2019 IPL, Dream11 signed up seven cricketers and partnered with seven Indian Premier League franchise as part of its multi-channel marketing campaign.[30]Format[edit]
Dream11 provides a fantasy gaming platform for multiple sports such as cricket, football, basketball, kabaddi, hockey, volleyball, handball and baseball. It is an online game where users create a virtual team of real-life players and earn points based on the performances of these players in real matches.[31] A user who scores the maximum points in their joined contests attains the first rank on the leader-board. Dream11 offers free and paid contests. A user has to pay a certain fee to join a contest and can win real cash.[32] To participate in a Dream11 game, a user must be at least 18 years old and needs to get their profile verified using their PAN.References[edit]
*^Laghate, Gaurav. ’Dream Sports’ FanCode launches fan merchandise store’ – via The Economic Times.
*^James, Nandana. ’Dream11 is a proud homegrown brand, says Harsh Jain’. @businessline.
*^ abGooptu, Biswarup (2018-04-19). ’Internet giant Tencent in advanced talks to invest $100 million in Dream11’. The Economic Times. Retrieved 2018-04-24.
*^’How to setup your Dream11 app and earn money during this IPL 2018’. The Indian Express. 2018-04-13. Retrieved 2018-04-24.
*^’FoxyMoron bags the digital mandate For Dream11 - ET BrandEquity’. ETBrandEquity.com. Retrieved 2018-04-24.
*^ abwww.ETtech.com. ’Steadview investment catapults Dream11 into Unicorn league - ETtech’. ETtech.com. Retrieved 2019-04-10.
*^ abVaidya, Jaideep. ’Game of skill in a regulatory grey area: How Dream 11 and premium fantasy sport is booming in India’. Scroll.in. Retrieved 2019-02-07.
*^’Outlook India’. Retrieved 2018-04-24.
*^Laghate, Gaurav (2018-03-23). ’How fantasy sports is becoming a multi-billion dollar business globally’. The Economic Times. Retrieved 2018-04-24.
*^’Telangana’s Gaming act forbids fantasy cricket game Dream11’. June 21, 2017.
*^’Banned Announcement’. Dream 11. Retrieved 29 September 2020.
*^’Fantasy sports see an uptick with paid users, legal clarity during IPL - Times of India’. The Times of India. Retrieved 2018-04-24.
*^’SC rejects appeal to initiate criminal action against Dream11, does this end the debate on fantasy sports legality? - Gambling Laws’. glaws.in. Retrieved 2018-04-24.
*^Vaidya, Jaideep. ’Game of skill in a regulatory grey area: How Dream 11 and premium fantasy sport is booming in India’. Scroll.in.
*^Singh, Kuwar; Singh, Kuwar. ’A fantasy sports startup has entered the unicorn club thanks to India’s IPL fever’. Quartz India.
*^Gooptu, Biswarup; Laghate, Gaurav (16 September 2020). ’Dream11 anticipates more secondary transactions’. The Economic Times. Retrieved 18 September 2020.
*^’The rise & rise of Dream11, and fantasy sports gaming in India - Times of India’. The Times of India. Retrieved 5 October 2020.
*^’IPL title rights: Dream11 make three-year winning bid of approx Rs 230 crore per year’. The Times Of India. 18 August 2020. Retrieved 18 August 2020.
*^’Welcome to the Dream11 Super Smash’. NZC. Retrieved 2 October 2019.
*^Laghate, Gaurav (2018-11-14). ’Dream11 becomes ICC’s fantasy game partner’. The Economic Times. Retrieved 2018-11-22.
*^’Startup Street: How Dream11 Is Cashing In On India’s Growing Love For Fantasy Sports’. BloombergQuint. Retrieved 2018-11-22.
*^’FIH announces a first-of-its-kind partnership with India’s biggest sports game Dream11 | FIH’. www.fih.ch. Retrieved 2018-12-19.
*^IANS (2018-12-14). ’Dream11 announces partnership Australia’s BBL’. Business Standard India. Retrieved 2018-12-19.
*^’Dream11 ropes in Happy mcgarrybowen for rebranding’. The Drum. Retrieved 2018-04-24.
*^’Tencent eyes $100 Mn investment in Fantasy sports platform Dream11’. Entrackr. 2018-04-19. Retrieved 2018-04-24.
*^’Dream11 selects FoxyMoron to strengthen digital presence’. www.televisionpost.com. Retrieved 2018-04-24.
*^’NBA and Dream11 to bring fantasy basketball to India’. Indian Television Dot Com. 2017-11-02. Retrieved 2018-04-24.
*^’Dhoni becomes brand ambassador of gaming platform’. The Times Of India. 6 March 2018.
*^’Dream11 releases new TVC #KheloDimaagSe with brand ambassador MS Dhoni’.
*^’Dream11 signs up with 7 IPL teams and 7 cricketers for marketing campaigns - Exchange4media’. Indian Advertising Media & Marketing News – exchange4media. Retrieved 2019-04-10.
*^’Play game on Dream11 app and earn money’. Rajasthan Patrika. Retrieved 2018-04-24.
*^’Leo Burnett Orchard wins the creative duties of Dream11’. www.bestmediaifo.com. Retrieved 2018-04-24.Dream11 Gambling QuoraExternal links[edit]Gambling Dream11 PredictionRetrieved from ’https://en.wikipedia.org/w/index.php?title=Dream11&oldid=993948405’
Download: http://gg.gg/nu0oq https://diarynote.indered.space
Three Special Leave Petitions (SLPs) have been filed in the Supreme Court against the April 2019 order of the Bombay High Court holding Dream11 to be a game of skill and approving the company’s manner of payment of Goods and Services Tax (GST).
*Dream11 Gambling Or Not
*Gambling Dream Meaning
*Dream11 Gambling Quora
*Gambling Dream11 Prediction
Home » Gambling » Rajasthan HC Reiterates that Dream11 is a Game of Skill 21 Feb 2020 cadoo A division bench of the Rajasthan High Court in an order given last week, reiterated the earlier pronouncements of the Punjab & Haryana and Bombay High Courts that ruled fantasy sports to be games of skill and consequently falling outside the ambit of. Tencent-backed Dream11 offers an online fantasy game, wherein players can create different virtual sports teams, comprising as many players in real life cricket teams.
Through its order, the division bench of the Bombay High Court comprising Justices Ranjit More and Bharati H. Dangre had noted that no case could be made out by the petitioner Gurdeep Singh Sachar, for GST evasion and that the company was paying 18% GST on the fees it retained from the players pool, which was the correct manner of paying GST.
The court also rejected Sachar’s contention that fantasy sports amounted to gambling and noted that the Punjab and Haryana High Court as well the Supreme Court in several cases have laid down the test for games of skill, and fantasy sports have been established to be a game involving substantial degree of skill.
Varun Gumber, a lawyer who had earlier filed a petition against Dream11 in the Punjab & Haryana High Court as well as appeal against that order in the Supreme Court, once again approached the Supreme Court in appeal against the Bombay High Court’s order in the Gurdeep Singh Sachar case.
Gumber’s latest petition has however been promptly dismissed by the Supreme Court through an order dated 4th October, 2019.
A division bench comprising of Justices Rohinton Nariman and V. Ramasubramanian through a one line order dismissed Gumber’s appeal against the Bombay High Court judgment.
Interestingly however, the Union of India and State of Maharashtra also filed special leave petitions against the Sachar judgment in November, 2019, challenging the Bombay High Court’s clean chit to Dream11 in the manner it pays its GST and the ruling that the fantasy sports format offered by the company amounts to a game of skill.
The petitions of the Maharashtra and central governments are likely to come up for hearing before the Supreme Court in the next few weeks. It remains to be seen whether the petitions will be admitted and heard in detail by the Supreme Court.DREAM11SportsIndustryFantasy sportsFounded2008FoundersHarsh Jain, Bhavit ShethHeadquartersIndiaOwnersDream SportsNumber of employees542 (August 2020)ParentDream Sports[1][2]Websitewww.dream11.com
Dream11 is an Indian fantasy sports platform[3] that allows users to play fantasy cricket, hockey, football, kabaddi, and basketball.[4][5] In April 2019, Dream11 became the first Indian gaming company to enter the ’Unicorn Club’.[6]History[edit]
Dream11 was co-founded by Harsh Jain and Bhavit Sheth in 2008.[7] In 2012, they introduced freemium fantasy sports in India for cricket fans.[7] In 2014, the company reported 1 million registered users, which grew to 2 million in 2016 and to 45 million in 2018.[8][9] In April 2019, Steadview Capital completed secondary investment in Dream11. Apart from Steadview, Dream11’s investors included Kalaari Capital, Think Investments, Multiples Equity and Tencent.[6]Legality[edit]
In 2017, a case was registered against the company in an Indian High Court. The court, in its ruling, stated that playing the Dream11 game involves superior knowledge, judgement and attention. The Court also held that ’the element of skill’ had a predominant influence on the outcome of the Dream11 game. However, the law does not allow fantasy sports in a few Indian states like Assam, Odisha and Telangana[10] and Andhra Pradesh.[11] A challenge to this judgement was filed with the Supreme Court of India, which dismissed the appeal.[12] The judgement provided legality to the company and allowed them to run their operations throughout the country.[13]
Despite it being adjudged to be a ’game of skill’, experts believe that the company operates in the country’s regulatory ’grey area’.[14][15] Dream11 is not available on the Google Play store for Android devices as Google does not allow apps that run cash contests.[16][17]Partnerships[edit]
On 18 August 2020 Dream11 won the rights for the 2020 Indian Premier League sponsorship for ₹ 2.22 billion after Vivo pulled out for a year.[18]In August 2020, The Board of Control for Cricket in India (BCCI), announced Dream11 as the Official Partner for the Indian Premier League.Additionally, the ‘Official Fantasy Game’ of IPL will also be powered by Dream11.
In October 2019, New Zealand Cricket (NZC) announced Dream11 as the title sponsor for the Super Smash domestic Twenty20 competition.[19]
In 2018, Dream11 announced its partnership with ICC (International Cricket Council),[20]Pro Kabaddi League,[21]International Hockey Federation (FIH),[22]WBBL and BBL.[23] In 2018, through the above partnership, Dream11 introduced two new games on their platform viz., Kabaddi and Hockey.Dream11 Gambling Or Not
In 2017, the company partnered with three leagues within cricket, football and basketball. Dream11 became the Official Fantasy Partner for Hero Caribbean Premier League, Hero Indian Super League and National Basketball Association (NBA).[3] Later in the year, they partnered with the Hero Indian Super League as their Official Fantasy Football Partner.[24][25] In November 2017, US professional basketball league National Basketball Association (NBA), launched a fantasy basketball game in association with Dream11 and launched their official NBA fantasy game on their platform.[26][27]Brand ambassadors[edit]Gambling Dream Meaning
Cricketer Mahendra Singh Dhoni is the brand ambassador of Dream11 and launched the “Dimaag se Dhoni” media campaign during the 2018 Indian Premier League.[28] The company had first signed commentator Harsha Bhogle as their brand ambassador in 2017.[29] For 2019 IPL, Dream11 signed up seven cricketers and partnered with seven Indian Premier League franchise as part of its multi-channel marketing campaign.[30]Format[edit]
Dream11 provides a fantasy gaming platform for multiple sports such as cricket, football, basketball, kabaddi, hockey, volleyball, handball and baseball. It is an online game where users create a virtual team of real-life players and earn points based on the performances of these players in real matches.[31] A user who scores the maximum points in their joined contests attains the first rank on the leader-board. Dream11 offers free and paid contests. A user has to pay a certain fee to join a contest and can win real cash.[32] To participate in a Dream11 game, a user must be at least 18 years old and needs to get their profile verified using their PAN.References[edit]
*^Laghate, Gaurav. ’Dream Sports’ FanCode launches fan merchandise store’ – via The Economic Times.
*^James, Nandana. ’Dream11 is a proud homegrown brand, says Harsh Jain’. @businessline.
*^ abGooptu, Biswarup (2018-04-19). ’Internet giant Tencent in advanced talks to invest $100 million in Dream11’. The Economic Times. Retrieved 2018-04-24.
*^’How to setup your Dream11 app and earn money during this IPL 2018’. The Indian Express. 2018-04-13. Retrieved 2018-04-24.
*^’FoxyMoron bags the digital mandate For Dream11 - ET BrandEquity’. ETBrandEquity.com. Retrieved 2018-04-24.
*^ abwww.ETtech.com. ’Steadview investment catapults Dream11 into Unicorn league - ETtech’. ETtech.com. Retrieved 2019-04-10.
*^ abVaidya, Jaideep. ’Game of skill in a regulatory grey area: How Dream 11 and premium fantasy sport is booming in India’. Scroll.in. Retrieved 2019-02-07.
*^’Outlook India’. Retrieved 2018-04-24.
*^Laghate, Gaurav (2018-03-23). ’How fantasy sports is becoming a multi-billion dollar business globally’. The Economic Times. Retrieved 2018-04-24.
*^’Telangana’s Gaming act forbids fantasy cricket game Dream11’. June 21, 2017.
*^’Banned Announcement’. Dream 11. Retrieved 29 September 2020.
*^’Fantasy sports see an uptick with paid users, legal clarity during IPL - Times of India’. The Times of India. Retrieved 2018-04-24.
*^’SC rejects appeal to initiate criminal action against Dream11, does this end the debate on fantasy sports legality? - Gambling Laws’. glaws.in. Retrieved 2018-04-24.
*^Vaidya, Jaideep. ’Game of skill in a regulatory grey area: How Dream 11 and premium fantasy sport is booming in India’. Scroll.in.
*^Singh, Kuwar; Singh, Kuwar. ’A fantasy sports startup has entered the unicorn club thanks to India’s IPL fever’. Quartz India.
*^Gooptu, Biswarup; Laghate, Gaurav (16 September 2020). ’Dream11 anticipates more secondary transactions’. The Economic Times. Retrieved 18 September 2020.
*^’The rise & rise of Dream11, and fantasy sports gaming in India - Times of India’. The Times of India. Retrieved 5 October 2020.
*^’IPL title rights: Dream11 make three-year winning bid of approx Rs 230 crore per year’. The Times Of India. 18 August 2020. Retrieved 18 August 2020.
*^’Welcome to the Dream11 Super Smash’. NZC. Retrieved 2 October 2019.
*^Laghate, Gaurav (2018-11-14). ’Dream11 becomes ICC’s fantasy game partner’. The Economic Times. Retrieved 2018-11-22.
*^’Startup Street: How Dream11 Is Cashing In On India’s Growing Love For Fantasy Sports’. BloombergQuint. Retrieved 2018-11-22.
*^’FIH announces a first-of-its-kind partnership with India’s biggest sports game Dream11 | FIH’. www.fih.ch. Retrieved 2018-12-19.
*^IANS (2018-12-14). ’Dream11 announces partnership Australia’s BBL’. Business Standard India. Retrieved 2018-12-19.
*^’Dream11 ropes in Happy mcgarrybowen for rebranding’. The Drum. Retrieved 2018-04-24.
*^’Tencent eyes $100 Mn investment in Fantasy sports platform Dream11’. Entrackr. 2018-04-19. Retrieved 2018-04-24.
*^’Dream11 selects FoxyMoron to strengthen digital presence’. www.televisionpost.com. Retrieved 2018-04-24.
*^’NBA and Dream11 to bring fantasy basketball to India’. Indian Television Dot Com. 2017-11-02. Retrieved 2018-04-24.
*^’Dhoni becomes brand ambassador of gaming platform’. The Times Of India. 6 March 2018.
*^’Dream11 releases new TVC #KheloDimaagSe with brand ambassador MS Dhoni’.
*^’Dream11 signs up with 7 IPL teams and 7 cricketers for marketing campaigns - Exchange4media’. Indian Advertising Media & Marketing News – exchange4media. Retrieved 2019-04-10.
*^’Play game on Dream11 app and earn money’. Rajasthan Patrika. Retrieved 2018-04-24.
*^’Leo Burnett Orchard wins the creative duties of Dream11’. www.bestmediaifo.com. Retrieved 2018-04-24.Dream11 Gambling QuoraExternal links[edit]Gambling Dream11 PredictionRetrieved from ’https://en.wikipedia.org/w/index.php?title=Dream11&oldid=993948405’
Download: http://gg.gg/nu0oq https://diarynote.indered.space
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