Regulatory Uncertainty: Nazara’s PokerBaazi Investment and the Online Gaming Bill

The Online Gaming Bill has introduced uncertainty for Nazara Technologies’ investment in PokerBaazi. The company is concerned that its investment of over 800 crore could be imperiled by the new legislation. However, Nazara asserts that its financial performance will not be impacted. Nitish Mittersain, CEO of Nazara, noted that the company’s revenue from real-money gaming was not a part of the financial reports. He highlighted the company’s global diversification strategy which shields its business. Over 80% of its revenue comes from international markets. The company reported over 100% profit in the first quarter of FY2026 and continues acquisitions within the gaming IP sector.