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DoubleDown Interactive Co Ltd

DDI

Information Technology

1

exclusion reason

1 theme

Harmful Products (1)
DDI Information Technology Current as of April 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Gambling Operations
Since Oct 14, 2021

DoubleDown Interactive Co., Ltd. operates two core businesses: social casino games and real-money iGaming. Its primary revenue is derived from gambling operations, including its DoubleDown Casino social games and its real-money online casino and sports betting platform, SuprNation. The company reported revenue of $95.8 million for Q4 2025, with its growth strategy focused on expanding its iGaming segment.

In 2023, DoubleDown Interactive agreed to a $415 million class action lawsuit settlement to resolve claims that its social casino games violated Washington state gambling laws and consumer protection provisions. The lawsuit alleged the company’s games constituted illegal gambling. This settlement, one of the largest of its kind, followed a separate 2016 proposed class-action suit in Illinois that made similar allegations regarding the company's online casino games.

The company continues to develop and market its gambling products, positioning itself in competition with other major online gambling operators like DraftKings. Its business model is fundamentally tied to revenue from gambling activities, whether through social casino mechanics or real-money wagering.

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.