Content Writer: Janice Chew • Tuesday, 25/08/2025 - 23:33:41 - PM
Flutter Entertainment, the British gaming powerhouse, has suspended its real-money gaming operations in India under its Junglee brand. The move comes in the wake of the expedited passage and signing of India’s Promotion and Regulation of Online Gaming Bill, introduced and enacted within just two days—on August 22, 2025. As a result, Flutter anticipates forfeiting approximately US$100 million in revenue and US$25 million in Adjusted EBITDA.
Flutter elaborates that the Junglee platform was expected to deliver around US$200 million in revenue and US$50 million in Adjusted EBITDA in 2025, with the second half of the year slated to deliver about half of these earnings. But with the sudden regulatory reversal, the company was forced to withdraw from operations almost overnight.
Peter Jackson, CEO of Flutter Entertainment, did not mince words, expressing deep frustration over the lack of industry consultation prior to the bill’s enactment. He stated: “I am extremely disappointed with the sudden changes to the regulatory landscape in India… We believe this change will drive customers to the un‑regulated market, offering limited consumer protections and providing no contribution to the local economy.” Jackson emphasized that Junglee had invested heavily over the past four years—building a team of over 1,100 employees and prioritizing consumer protection and responsible gaming.
Looking ahead, Flutter says it is actively exploring options to advocate for the restoration of constitutional protections for skill-based gaming—a tradition upheld for nearly 70 years in India. Simultaneously, the company is working to adapt to the new regulatory environment and continues to emphasise the importance of fully regulated gaming frameworks that safeguard consumers.
