The Government of India adopted the Law on the Promotion and Regulation of Online Games in 2025. Years, which prohibits online games that are played for money, including advertisements and financial transactions related to them.
The government explains this measure to psychological and financial damages that, as states, such games can cause.
Analysts believe that the new law will be a heavy blow for the online game industry, which attracted billions of dollars of foreign investment.
After Reuters announced the news of the Draft Law, Nazara Technologies shares fell 11 percent on Thursday, after the day before they lost 10 percent before. This has been achieved the worst two-day decline in the value of the company’s shares – a total of 21 percent.
Stocks of other companies associated with online games, such as Delta Corp, fell about 3 percent on Wednesday, and on Thursday they continued to fall for an additional 2 percent.
According to the Lumikai Risk Investment Company, the Indian Market Market for Money is estimated at $ 3.6 billion to 2029. years. This prohibition could significantly change the course of the development of the sector and discourage future investors.
(Vijesti.ba)
