Folding in India, gaming companies lose big
16 Nov 2025 | Category: Business
Amid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainment and Clairvest Group have reported hefty impairments, while Nazara Technologies and Delta Corp aren't far behind, facing considerable write-offs. Payment providers such as Paytm and Mobikwik have seen their profits dwindle as many gaming platforms curtail their operations or exit the market entirely.
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