India’s Real-Money Gaming Collapse Deepens Amid Regulatory Standstill

India’s real-money gaming industry has entered one of its most turbulent periods yet, with sweeping financial losses and thousands of job cuts continuing to mount nearly three months after Parliament passed the Promotion and Regulation of Online Gaming Act (PROGA). Although the legislation received unusually swift approval—moving from cabinet clearance to presidential assent in under […]

Nov 18, 2025 - 08:15
India’s Real-Money Gaming Collapse Deepens Amid Regulatory Standstill

India’s real-money gaming industry has entered one of its most turbulent periods yet, with sweeping financial losses and thousands of job cuts continuing to mount nearly three months after Parliament passed the Promotion and Regulation of Online Gaming Act (PROGA). Although the legislation received unusually swift approval—moving from cabinet clearance to presidential assent in under […]