Indian gaming stocks drop on plan to ban online games played with money

Delta

20/08/2025 04:57

** Indian gaming platform operators Nazara Tech NAZA.NS and Delta Corp DELT.NS fall 4.4% and 3.3%, respectively

** India plans to ban online games played with money, Reuters reports, citing a proposed bill

** NAZA set for worst day in seven months

** Bill says no person "shall offer, aid, abet, induce or otherwise indulge or engage in" the offering of online money games and such services, adding that anyone who offers such money games could face a jail term of up to 3 years and a fine - report

** India's IT Ministry, which drafted the bill, did not respond to Reuters request for comment

** NAZA says it does not see material impact from new bill as it does not have direct exposure to so-called real money games

** YTD, DELT down 19% vs NAZA's 32% climb

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))