Thursday, 21 August, 2025
India’s Real-Money Gaming Ban Jars Investors After $2.8B Bet on Startups
India’s sweeping Promotion and Regulation of Online Gaming Bill, 2025—which equates fantasy and skill-based games with gambling—has unsettled global investors like Tiger Global, ChrysCapital, and DST Global, who poured $2.8 billion into the sector over five years. While investment confidence has shaken, some hope the bill may be revised post-passage in the Rajya Sabha, offering a path to regulatory clarity and recovery.
Read full story at Live Mint