The Indian Premier League’s valuation has declined for the second consecutive year, slipping to ₹76,100 crore in 2025 from ₹82,700 crore in 2024 and ₹92,500 crore in 2023, according to a report by D&P Advisory.

This marks the first time in the league’s history that its value has fallen two years in a row. The primary reason behind the drop is the government’s ban on real-money gaming advertisements, which has wiped out an estimated ₹1,500–2,000 crore annually from the IPL’s revenue ecosystem.

Fantasy sports and gaming platforms were among the league’s biggest advertisers and sponsors, contributing close to ₹2,000 crore each year across team, broadcaster, and league-level deals.

The sudden regulatory clampdown has forced many of these companies to pull back entirely, leaving a large vacu

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