Sunday, November 16, 2025

RMG ban sparks massive impairments as gaming majors erase India bets

Gaming companies are reporting large write-downs after India’s real money gaming ban, with major players such as Flutter, Clairvest and Nazara recording heavy impairments. Payment firms are also seeing reduced volumes as gaming transactions fall. Several gaming platforms have shut operations or exited India as the financial impact deepens.

from Tech-Economic Times https://ift.tt/fMFLkN6

No comments:

Post a Comment

MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...