Archive · 20 Aug 2025
Nazara Tech Shares Plunge Amidst Online Gaming Bill
A new law is being proposed that could ban online games where people bet money to win more money.
This has caused the stock price of Nazara Technologies to drop significantly.
Nazara says that the law won't hurt its finances much because the company does not directly control the type of gaming that the bill is targeting, instead having only an indirect stake in it.
Nazara Tech shares plunged due to the Online Gaming Bill 2025.
The Bill aims to ban online money gaming, impacting games where money is deposited to win.
Nazara said it doesn't anticipate a material impact on financial performance from the ban.
The company's indirect exposure to RMG is through its stake in PokerBaazi.
The online gaming market in India is valued at almost $4 billion, potentially taking a hit.
- Who
- Nazara Technologies.
- What
- Nazara Tech share price slumped.
- When
- Intraday trading.
- Where
- Stock Exchange.
- Why
- Due to the Online Gaming Bill 2025.
Online Gaming Companies
Government
Impact of Bill
Online Gaming Companies
Potential revenue decrease
Government
Government regulation and banning of RMG to curb illegal activities
- Stock Drop
- 16%
- Online Gaming Bill 2025
- Seeks to ban online money gaming
- Nazara's exposure to RMG
- Indirect through PokerBaazi stake
- Market Impact
- $4 billion online gaming market could be impacted
- Nazara's statement
- No anticipated material adverse impact
Sources
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