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Nitish Mittersain, CEO of Nazara Technologies, stated in an interview that the company holds approximately 46% stake in PokerBaazi. He acknowledged potential risks to the investment due to potential restrictions on online real-money gaming, as suggested by media reports. Mittersain emphasized that the company’s financial situation remains unaffected. Nazara clarified that real-money gaming revenue did not contribute to the company’s financial performance, and therefore, future financial reports will not reflect contributions from real-money gaming. The company will continue to grow with profitability.
