Some of the highest cell gaming apps have suspended real-money video games after parliament handed a ban on Thursday (August 22, 2025), threatening the way forward for a sector as soon as projected to hit $3.6 billion by 2029.
The sudden ban on on-line real-money video games, together with associated adverts and fee companies, has jolted an business backed by buyers akin to Tiger Global and Peak XV Partners.
Popular apps like Dream11, PokerBaazi and Mobile Premier League have halted their real-money choices, the businesses mentioned.
Justifying the ban, the federal government flagged the excessive threat of economic hurt to customers and referred to as them “harmful” because of potential psychological harm.
The ban sparked a sell-off in Nazara Tech’s inventory, which has a 46.07% stake in PokerBaazi operator, Moonshine Technologies, that ceased providing on-line video games performed with cash on Friday. Nazara’s shares have fallen about 17% in three periods, cumulatively.
Gaming companies are consulting legal professionals on transferring to the Supreme Court in opposition to the ban, arguing it lacked session, threatens a fast-growing sector, and wrongly contains skill-based video games like poker, Reuters reported on Thursday, citing two gaming business sources with direct data of the matter.