Gaming stocks rise up to 8% on cabinet nod to online gaming bill. Delta Corp top gainer
Gaming stocks ended with up to 8% gains on Tuesday led by Delta Corp following reports that the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Online Gaming Bill. OnMobile Global was the next big gainer and closed nearly 4% up while Nazara Technologies settled with an uptick of 0.5%.
The bill aims to formalise the industry, making online betting a punishable offence amid rising cases of fraud in recent months.
