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Dream11 making a 'hard pivot' to sports entertainment space: CEO Jain

Dream11 is shifting from fantasy gaming to a second-screen sports entertainment platform, betting on ads and paid shoutouts to creators, CEO Harsh Jain said, after the Centre's ban on real money games

Dream11 lost 95% revenue, but CEO Harsh Jain rules out layoffs after RMG ban
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“We are moving away from the whole gaming piece altogether. We are pivoting hard. We want to enter the sports entertainment world and continue being a second-screen sports entertainment platform,” Harsh Jain told reporters during a press briefing. | File Photo

Ajinkya Kawale Mumbai

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Sports technology platform Dream11 is pivoting from the fantasy gaming space to becoming a second-screen sports entertainment platform, allowing fans to connect with creators, co-founder and chief executive officer (CEO) Harsh Jain said.
 
What is Dream11’s new second-screen model?
 
The company, which has over 250 million registered users and about 30 million monthly active users, is betting on monetisation through ads and paid shoutouts to creators through the second-screen experience.
 
A second screen enables viewers to engage with their choice of sports content creators, either through a chat option or a collaboration on live-streamed video.
 
Why is Dream11 pivoting away