Indian online gaming app Mobile Premier League (MPL) plans to lay off 60% of its local workforce due to the government’s ban on paid games, impacting about 300 employees in India. The ban was imposed to address financial and addiction risks, affecting a $3.6 billion industry supported by venture capital firms. MPL and Dream11, popular for paid fantasy cricket games, are shifting focus to free-to-play games and international markets. MPL CEO expressed regret over the decision, highlighting the significant impact on revenues. The company has refrained from legal challenges against the ban, unlike A23, another Indian gaming company.

Read more at Yahoo Finance: India’s MPL to sack 60% of local staff after paid gaming ban, source says