Exercise regimens suitable to the elderly remain under investigated; therefore, this study examined the effects of Dance Dance Revolution (DDR) on cognitive control in elderly females. Twenty-six healthy elderly females leading a sedentary lifestyle were assigned to a DDR, brisk walking, or control group. Participants in the DDR and brisk walking groups engaged in moderate physical exercise three times per week for 3 months, whereas the control group maintained a sedentary lifestyle. Each participant performed a flanker task before and after the intervention. The results revealed that both DDR and brisk walking shortened reaction time, N2 latency, and P3 latency relative to those of the control group. These findings suggest that DDR intervention is as effective as that of brisk walking in improving inhibitory control for elderly people. Therefore, DDR can be used as a viable alternative exercise to enhance cognitive function for the elderly and motivate individuals who are less willing to be active.