PE-backed Korean social casino gaming firm DoubleDown targets $198m in US IPO

PE-backed Korean social casino gaming firm DoubleDown targets $198m in US IPO

Photographer: Victor J. Blue/Bloomberg

DoubleDown Interactive, a South Korean developer and publisher of mobile- and web-based casual casino games, targets to raise $198 million at the midpoint of its US initial public offering (IPO), according to its amended filing.