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.
breaking
- Historic First: Northeast University ADIBU Unveils Lachit-1 Satellite
- IOA Executive Council Reactivates NOA, Rolls Out NOED Initiative
- Why Pakistan Won’t Change: Insights from Capt Anil Gaur
- How Modi’s Foresight Made Gujarat Kite Fest a World Event
- Viksit Bharat 2047: Piyush Goyal Hails Gujarat as India’s Growth Catalyst
- ₹2.66 Cr Assets Frozen by ED in Chhattisgarh Coal Levy Fraud
- Jan 15 Market Closure: Maharashtra Civic Elections Impact
- BPL Roundup: Hussain Unbeaten 65 Leads Titans to Victory
