India, April 9 -- Listed gaming major Nazara Technologies-owned NODWIN Gaming is strengthening its presence in the US esport market by setting up a new entity.

Nazara said in an exchange filing that NODWIN Gaming has incorporated Nodwin Gaming USA Inc in the state of Delaware.

The new entity is a wholly-owned subsidiary of NODWIN Gaming International Pte Ltd (NODWIN Singapore), owned by NODWIN Gaming.

The development comes almost five months after Nazara's board approved the injection of INR 64 Cr in NODWIN Singapore for global expansion.

NODWIN Singapore already has a presence in the region as it holds a 57% stake in Freaks 4U, which has operations in the US market. The Berlin-based entity is a marketing services firm for gaming and ...