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DoubleDown agrees to acquire WHOW Games for €55 million

Deals & M&A

DoubleDown Interactive said it agreed to acquire German social casino operator WHOW Games from Azerion Tech Holding for an initial €55 million. A further earn-out of up to €10 million depends on performance targets during the first two years after closing. The companies expect the deal to close in Q3 2025, with DoubleDown using cash reserves to fund it.

The acquisition expands DoubleDown’s German presence, while performance targets determine whether additional earn-out payments are due.

End-of-day close DoubleDown Interactive (DDI), USD, to 22 August 2025
Story date27 May 202522 August 2025

Latest reported results

DoubleDown Interactive Nasdaq: DDI

Period ended 30 June 2026

Revenue
USD 94.3m

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