DoubleDown Expands with Acquisition of WHOW Games

DoubleDown (DDI) is set to acquire WHOW Games, a social casino developer based in Germany, for an initial EUR55M or $64.7M. An additional earn-out payment of up to EUR10M is contingent on performance targets being met. The acquisition will be funded by DoubleDown’s cash reserves and is expected to close in Q3. WHOW Games generated EUR41.8M in revenue in 2024.

Read more at Yahoo Finance: DoubleDown to acquire German social casino operator WHOW Games