Shares of Delta Corp Ltd. fell 1.9% to ₹91.10 in early trade on Tuesday, extending their weakness after the Union Cabinet approved the Online Gaming Bill, 2025. The stock had closed at ₹92.88 in the previous session and traded between ₹86.61 and ₹89.99 during the day.
Why the stock is under pressure
According to reports, the proposed legislation seeks to regulate online gaming apps, ban real-money betting formats, and impose strict penalties and punishments on endorsements. The move is being viewed as a negative development for gaming companies, with investors fearing tighter compliance costs and revenue risks.
Delta Corp, which operates casinos and online gaming platforms, has been under pressure amid ongoing regulatory scrutiny of the sector. The company’s market capitalization now stands at ₹24.02 billion, with average trading volumes at 1.91 million shares.
Outlook
Market participants are awaiting further clarity when the bill is introduced in Parliament. For now, analysts say uncertainty around gaming regulations could keep stocks like Delta Corp volatile in the near term.
