India Gaming Bill Sends Stocks Slipping

  Published 9 months ago

India's new online gaming bill triggers stock drops, penalizes real‑money games, and promotes the eSports sector industry.

  • Delta Corp, Nazara, and OnMobile shares fell over 6% amid regulatory uncertainty and investor concerns today.
  • Nazara clarified no direct RMG exposure; only indirect stake in Moonshine, not consolidated financials impact.
  • Bill imposes up to three‑year jail, ₹1 crore fines for illegal money‑gaming services and ads.

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