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DoubleDown Interactive Announces Donation of $10,000 to Meals on Wheels America

SEATTLE, Nov. 21, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, will be donating $10,000 to Meals on Wheels America, the national leadership organization supporting community-based programs across the U.S., to help combat senior hunger and isolation during the holiday season.

“DoubleDown is proud to support the important work Meals on Wheels does in the communities across the country,” said In Keuk Kim, CEO of DoubleDown. “We first partnered with the national organization at the height of the pandemic in 2020, which received overwhelming support from our players. As a company committed to helping our community, we love that we can donate to a cause that resonates with both our players and employees.”

Support from DoubleDown comes at a critical time. In 2020, 1 in 158 seniors in the United States experienced food insecurity. During the pandemic, 88% of community-based Meals on Wheels programs have been affected by increases in safety supply costs, meal production expenses, and/or labor costs, making it more difficult to meet their mission to serve vulnerable seniors.

To garner support for their donation and to promote the work Meals on Wheels America does throughout the year, DoubleDown is inviting players to participate in a play-to-enter giveaway in their popular social casino game, DoubleDown Casino. On November 21, 2022, players are encouraged to enter the Season of Giving event by spinning 15 times on the featured slot for a chance to win 100,000,000 chips on the following day.

Learn more about Meals on Wheels America: https://www.mealsonwheelsamerica.org/

Follow the latest activity on our social media pages:

Facebook: https://www.facebook.com/doubledowncasino

Twitter: https://twitter.com/doubledwncasino

Instagram: https://www.instagram.com/doubledowncasino

Download and play on any mobile device or desktop computer: https://bit.ly/3AdB4gC

About DoubleDown

DoubleDown Interactive Co., Ltd. is a leading developer and publisher of digital games on mobile and web-based platforms. We are the creators of multi-format interactive entertainment experiences for casual players, bringing authentic Vegas entertainment to players around the world through an online social casino experience. Our flagship title, DoubleDown Casino, has been a fan-favorite game on leading social and mobile platforms for years, entertaining millions of players worldwide with a lineup of classic and modern games.

Safe Harbor Statement

Certain statements contained in this press release are “forward-looking statements” about future events and expectations. Forward-looking statements are based on our beliefs, assumptions, and expectations of industry trends, our future financial and operating performance, and our growth plans, taking into account the information currently available to us. These statements are not statements of historic fact. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. Therefore, you should not place undue reliance on such statements. Words such as “anticipates,” “believes,” “continues,” “estimates,” “expects,” “goal,” “objectives,” “intends,” “may,” “opportunity,” “plans,” potential,” “near-term,” long-term,” “projections,” “assumptions,” “projects,” “guidance,” “forecasts,” “outlook,” “target,” “trends,” “should,” “could,” “would,” “will,” and similar expressions are intended to identify such forward-looking statements. We qualify any forward-looking statements entirely by these cautionary factors. We assume no obligation to update or revise any forward-looking statements for any reason or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The information contained in, or that can be accessed through, our social media pages is not incorporated by reference into, and is not a part of, this press release. We have included our social medial pages in this press release solely for informational purposes.

About Meals on Wheels America
Meals on Wheels America is the leadership organization supporting the more than 5,000 community-based programs across the country that are dedicated to addressing senior isolation and hunger. This network serves virtually every community in America and, along with more than two million staff and volunteers, delivers the nutritious meals, friendly visits and safety checks that enable America’s seniors to live nourished lives with independence and dignity. By providing funding, leadership, education, research and advocacy support, Meals on Wheels America empowers its local member programs to strengthen their communities, one senior at a time. For more information, or to find a Meals on Wheels provider near you, visit www.mealsonwheelsamerica.org.

Company Contact:
Joe Sigrist
ir@doubledown.com
+1 (206) 773-2266
Chief Financial Officer
https://www.doubledowninteractive.com

Investor Relations Contact:
Cody Slach or Jeff Grampp, CFA
Gateway Group
1-949-574-3860
DDI@gatewayir.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/caa42db1-a634-4c84-b317-134ee4aa8c89


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