Game Over for Real-Money Online Games: President Murmu gives assent, Online Gaming Bill becomes law

Game Over for Real-Money Online Games: President Murmu gives assent, Online Gaming Bill becomes law

Online Gaming Bill: President Droupadi Murmu on Friday gave her assent to The Promotion and Regulation of Online Gaming Bill, 2025, a legislation that marks a turning point for India’s gaming industry. Passed by both Houses of Parliament earlier this week, the Bill aims to promote e-sports and online social games while imposing a blanket ban…

Read More
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…

Read More