This web page was created programmatically, to learn the article in its unique location you’ll be able to go to the hyperlink bellow:
https://www.hindustantimes.com/cricket/bccis-list-of-dos-and-donts-after-online-gaming-cryptocurrency-platforms-banned-from-applying-for-india-sponsorship-101756806773602.html
and if you wish to take away this text from our website please contact us
The Board of Control for Cricket in India (BCCI) has stored its foot down, making certain they aren’t blindsided in relation to bids for the lead sponsorship rights. The Indian cricket board invited bids for lead sponsorship rights on Tuesday following the exit of Dream11. The on-line gaming platform pulled out of its contract after the Indian authorities launched the Promotion and Regulation of Online Gaming Act 2025.
The final date for buying the Expression of Interest for National Team Lead Sponsor Rights (IEOI) is September 12, and the final date for submitting bids from events is September 16.
“The IEOI will be made available on receipt of payment of a non-refundable fee of INR 5,00,000 plus any applicable Goods and Services Tax,” the BCCI launch said.
The BCCI has banned crypto and on-line gaming platforms, in addition to alcohol and tobacco corporations, from making use of for the rights. This transfer comes after the introduction of the Online Gaming Act. The Indian board additionally made it clear that solely these corporations can apply who’ve an annual turnover of INR 300 crore.
With September 16 stored because the deadline, Suryakumar Yadav’s India will probably take part within the upcoming Asia Cup 2025 and not using a jersey sponsor, because the match begins September 9. The lead sponsor will get to have their title in entrance of the jerseys of each the lads’s and girls’s cricket groups.
Also Read: BCCI asks solely ‘reputed entities’ to bid for lead sponsor rights after Dream11 exit
“BCCI reserves the right to cancel or amend the IEOI process at any stage in any manner without providing any reason,” the board stated in an official launch.
The richest board on this planet needed to discover a new sponsor after Dream11 pulled out of the three-year contract in August 2025. The on-line gaming platform had signed the deal in 2023.
Athleisure and Sportswear Manufacturer;
Banks, Banking & Financial Services and Non-Banking Financial Companies;
Non-Alcoholic Cold Beverages;
Fans, Mixer Grinders and Safety Locks; and
Insurance
The above-mentioned model classes are blocked on account of the BCCI already having present sponsors throughout the stated model classes.
Alcohol Products;
Betting or Gambling Services;
Cryptocurrency;
Online Money Gaming or any such actions are prohibited underneath the Promotion and Regulation of Online Gaming Act, 2025;
Tobacco; and
one which is prone to offend public morals, together with however not restricted to pornography.
This web page was created programmatically, to learn the article in its unique location you’ll be able to go to the hyperlink bellow:
https://www.hindustantimes.com/cricket/bccis-list-of-dos-and-donts-after-online-gaming-cryptocurrency-platforms-banned-from-applying-for-india-sponsorship-101756806773602.html
and if you wish to take away this text from our website please contact us
This web page was created programmatically, to learn the article in its authentic location you…
This web page was created programmatically, to learn the article in its unique location you…
This web page was created programmatically, to learn the article in its unique location you…
This web page was created programmatically, to learn the article in its authentic location you…
This web page was created programmatically, to learn the article in its unique location you…
This web page was created programmatically, to learn the article in its authentic location you'll…