Mumbai, Oct. 16 -- The value of IPL is estimated to have declined by 8% over the last year - from Rs.82,700 crore to Rs.76,100 crore - on account of mergers in the broadcast space, and the ban on real money gaming. This marks the second successive year of a decline in the T20 league's value, from Rs.92,500 crore in 2023, according to D&P Advisory, which puts out the annual valuation. In its report, titled "Beyond 22 Yards", the company said the drop in value in the IPL ecosystem is due to two major off-field events - merger of broadcast majors Viacom 18 and Disney Star in 2024, reducing competition for media rights, and the ban on companies in the RMG (real money gaming) business which were major sponsors and advertisers. "This one-two punc...