DoubleDown expands into real-money gaming with $35M SuprNation acquisition
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DoubleDown Interactive has entered into a share purchase agreement to acquire Swedish iGaming tech company SuprNation AB for $35 million. The move expands the social gaming operator into real-money gaming. Suprsion has a strong presence in Europe and has gaming licenses in jurisdictions such as the UK, Sweden, Malta and the Isle of Man. Its revenue for the nine months ending September 30, 2022 was $18.3 million, according to the company.
DoubleDown Interactive has bought SuprNation. Joakim Stockman and Henric Andersson are excited to become a part of DoubleDown. They expect to accelerate their expansion and grow their real money gaming foothold. They also expect the development of unique products and efficient marketing strategies.
