Nazara Technologies Limited informs the Exchange regarding a press release dated Jun 16, 2025, titled "Nazara Publishing Launches Pokerverse VR".
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Nazara Publishing, the game publishing arm of Nazara Technologies, has launched Pokerverse VR, an immersive multiplayer poker game available on Meta Quest and Apple Vision Pro worldwide. The game was developed by Hyderabad-based studio YesGnome and marks Nazara's debut entry into VR and metaverse gaming. It is a free-to-play title featuring live multiplayer tables, AR/VR modes, AI bots, gesture-based controls, and daily rewards. CEO Nitish Mittersain said the company is actively scouting additional VR titles for future collaboration, though none have been announced yet. No revenue figures or financial targets were disclosed with the launch.
This is a strategic move into a new gaming vertical (VR/metaverse) but is unlikely to move the needle on near-term financials given it is a free-to-play launch with no disclosed monetisation metrics. For shareholders, it signals management's appetite for innovation and expansion into emerging platforms, which could be a positive long-term story if VR adoption scales.