The Online Gaming Bill 2025, passed in Lok Sabha, bans all real-money online games, imposing fines up to ₹1 crore & jail up to 3 years. Nazara Technologies fell 16% to ₹1,145.55 due to its stake in PokerBaazi, while Delta Corp declined ~4%. Unlisted players like Dream11 & MPL face shutdown risk, raising concerns for investors & USD funds.