Mumbai, Aug. 21 -- The stock has now lost 20.31% in two straight sessions.

The Bill, which moves next to the Rajya Sabha, imposes a complete ban on real money games based on skill, chance or both. Such games cannot be offered, advertised or promoted, and banks will be barred from processing related payments. Offenders could face up to three years' imprisonment and fines of Rs 1 crore, with harsher penalties for repeat violations.

In a clarification on Wednesday (20 August 2025), Nazara said it has no direct exposure to the real money gaming (RMG) segment, with RMG contributing nil to revenue and EBITDA in Q1 FY26. Its only indirect exposure is a 46.07% stake in Moonshine Technologies, operator of PokerBaazi, which is not consolidated in...