Nazara Tech Shares Drop Amid Gaming Ban

  Published 11 months ago

Nazara Tech shares dip 1% after Bloomberg reports potential PokerBaazi write‑down, parliament bans money games.

  • Stock fell up to 11%, extending a two‑day decline to a total 21% drop today.
  • Nazara holds a 47.71% stake in Moonshine Technology, the operator of the PokerBaazi gambling platform for digital gaming.
  • Year‑to‑date, Nazara shares are up roughly 19% despite regulatory concerns and potential write‑down in the market.

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