50% of PokerBaazi's employees will be let go after the MPL.

The online gaming sector in India is experiencing new challenges, as Mobile Premier League (MPL), a major gaming platform in the nation, is set to dismiss around 480 employees, representing nearly 60% of its workforce in India. The severe action is a reaction to a recent government prohibition on online gambling, which has greatly affected the company's primary business activities.The job cuts result directly from a legislative reform that gained parliamentary approval on August 22, which effectively prohibits all cash-based online games. As a result, MPL has halted all such services on its platform. Although free-to-play games continue to operate, the regulatory changes have significantly affected the company's revenue model, much of which depended on real-money gaming in India.This isn't MPL's initial series of layoffs caused by policy adjustments.

In August 2023, the firm dismissed 350 staff members after the GST Council suggested a 28% tax on all real-money games, a regulation that became effective in October 2023.Earlier this month, the Indian government prohibited paid online games because of worries regarding financial dangers and addiction in youth. This action has resulted in the shutdown of numerous gaming applications that provide fantasy cricket, rummy, and poker games. The sector was expected to attain a worth of $3.6 billion by 2029 prior to the prohibition.MPL is not alone in facing the consequences of the regulatory clampdown. Leading gaming firms like Dream Sports (Dream11), Gameskraft, Zupee, and Moonshine Technology (PokerBaazi) have also accepted the government's decision without legal contest.