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    Home»Tech»Nazara Technologies CEO Addresses Concerns Regarding PokerBaazi Investment After Gaming Bill

    Nazara Technologies CEO Addresses Concerns Regarding PokerBaazi Investment After Gaming Bill

    Tech August 21, 20251 Min Read
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    Nazara Technologies CEO Addresses Concerns Regarding PokerBaazi Investment After Gaming Bill
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    Nitish Mittersain, CEO of Nazara Technologies, stated in an interview that the company holds approximately 46% stake in PokerBaazi. He acknowledged potential risks to the investment due to potential restrictions on online real-money gaming, as suggested by media reports. Mittersain emphasized that the company’s financial situation remains unaffected. Nazara clarified that real-money gaming revenue did not contribute to the company’s financial performance, and therefore, future financial reports will not reflect contributions from real-money gaming. The company will continue to grow with profitability.

    Financial Impact Gaming Industry Investment Risk Nazara Technologies Nitish Mittersain Online Gaming Bill PokerBaazi real money gaming Regulatory Uncertainty Share Price Decline
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