Nazara says PokerBaazi operator no longer offers real-money gaming; stock under pressure

Nazara says PokerBaazi operator no longer offers real-money gaming; stock under pressure

Shares of Nazara Technologies Ltd slipped 4.91 per cent to close at Rs 1,146 on Friday after its associate company, Moonshine Technologies Private Limited which operates PokerBaazi and other card-based gaming platforms announced it has ceased offering real-money online gaming. Nazara holds a 46.07 per cent stake in Moonshine. The move follows the recent passage of the Online…

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Online gaming bill tabled in Lok Sabha after 3.5 years; real-money games face tight scrutiny

Online gaming bill tabled in Lok Sabha after 3.5 years; real-money games face tight scrutiny

Online Gaming Regulation Bill: After more than three years of consultations and drafting, the Indian government has tabled the Promotion and Regulation of Online Gaming Bill in the Lok Sabha on Wednesday. The legislation aims to bring clarity and structure to the fast-growing online gaming sector by categorising it into e-sports, social games, and real-money games…

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