Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India's real-money gaming ban caused global gaming firms to report major Q3 2025 losses, with Flutter and Clairvest hit hardest.

flag Gaming companies worldwide reported major financial losses in Q3 2025 due to India’s August ban on real-money gaming, with Flutter Entertainment taking a $556 million hit after halting Junglee Games, and Canada’s Clairvest writing off its entire investment in A23 Rummy’s operator. flag Indian firms including Nazara Technologies, Delta Corp, and Paytm recorded significant impairments and profit drops, while gaming-related UPI transactions fell sharply. flag Companies like MPL, Hike, and WinZo scaled back or exited India, with some reporting immediate revenue losses. flag Smaller payment aggregators face ongoing challenges, and more impairments are expected in coming quarters.

3 Articles