New York-listed social casino and iGaming operator DoubleDown Interactive has posted a 7 per cent drop in revenue to $73.0 million for the third quarter of 2023.
The company attributed the decline to changes in player behaviour as a result of inflation and global economic concerns, as well as decreased marketing activities.
Average daily active users (DAUs) were down by 17 per cent to 749,000 at the end of Q3, with average revenue per DAU rising 10 [...]