High Roller Technologies
High Roller Technologies, Inc. Announces Closing of $25 Million Registered Direct Offering
High Roller Technologies, Inc., operator of the award-winning, premium online casino brands High Roller and Fruta, announced the closing of its previously announced registered direct offering of 1,892,506 shares of its common stock, par value $0.001 per share (the “Common Stock”) at an offering price of $13.21 per share, for gross proceeds of approximately $25 million, before deducting the placement agent’s fees and offering expenses.
The Company intends to use the proceeds from the offering for sales and marketing, geographic expansion, product development and diversification, and for working capital and general corporate purposes.
ThinkEquity acted as sole placement agent for the offering.
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High Roller Technologies
High Roller Technologies Signs LOI with Leverage Game Media to Support U.S. Prediction Markets Launch
High Roller Technologies Inc. announced it has signed a non-binding Letter of Intent (LOI) with Leverage Game Media (LGM), a social-first digital media company focused on sports, gaming, and emerging market engagement, to enter into and execute a strategic marketing partnership designed to accelerate customer acquisition and brand awareness for High Roller’s planned entry into U.S. prediction markets.
This LOI follows High Roller’s announcement of its strategic partnership with Crypto.com | Derivatives North America to launch a regulated event-based prediction markets product in the US.
Under the proposed arrangement, Leverage Game Media would serve as a marketing and distribution partner, leveraging its proprietary content platforms and digital audience reach to support customer growth and brand visibility for High Roller’s prediction markets product.
“As we prepare for our expansion into prediction markets, we are assembling a diversified marketing partner ecosystem designed to reach consumers that are interested in engaging in event-based predictions. Leverage Game Media brings a modern, social-focused media approach that aligns with how today’s consumers discover and interact with exciting products,” said Seth Young, Chief Executive Officer of High Roller Technologies.
Leverage Game Media owns and operates some of the most highly engaged, sports-focused communities on social media, including @NBAMemes, @NFT, and more, delivering over 1 billion views annually to more than 5 million followers across their owned and operated channels.
“As market-based engagement continues to evolve beyond traditional formats, prediction markets are becoming increasingly relevant to a new generation of users. High Roller’s expansion into this space is timely, we love their brand, and we believe our media platforms are well positioned to support that growth,” Jason Falovitch, Co-Founder of Leverage Game Media, said.
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binding Letter of Intent
High Roller Technologies Partners with Crypto.com
High Roller Technologies Inc. announced it has entered into a binding Letter of Intent (LOI) with Crypto.com | Derivatives North America (CDNA), for an exclusive partnership to launch an event-based prediction markets product in the US.
The events contracts will be offered by CDNA, a CFTC-registered exchange and clearinghouse and affiliate of Crypto.com, to customers through HighRoller.com. The partnership will offer people the opportunity to trade event contracts across markets including finance, entertainment, and sports, through a legal, engaging, and user-friendly platform.
“We’re thrilled to bring High Roller to the USA through this strategic partnership with Crypto.com. Pairing the massive appeal of prediction markets with our strong distribution capabilities is an incredibly exciting opportunity, and we’re looking forward to introducing our premium experience to consumers across the country,” said Seth Young, Chief Executive Officer at High Roller.
“Crypto.com is a leader in prediction markets and we are thrilled to expand access to event contracts through innovative partnerships, including with High Roller. Together with High Roller, we are proclaiming customers with a safe and regulated platform to trade on outcomes in sports and entertainment,” said Travis McGhee, Global Head of Predictions at Crypto.com.
The partnership remains subject to the execution of definitive agreements, which will include customary representations, warranties, conditions, covenants, and other provisions consistent with transactions of this nature, and there can be no assurance the parties will reach definitive agreements. Subject to the execution of definitive agreements, the parties are targeting a product launch in Q1 2026, featuring Crypto.com as the exclusive provider of Prediction Contracts across High Roller distribution channels.
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Ben Clemes
High Roller Submits Gaming License Application in Ontario
High Roller Technologies, operator of the premium online casino brands High Roller and Fruta, announced the submission of its Internet Gaming Operator license application in Ontario, Canada, targeting the launch of its flagship brand HighRoller.com in the second half of 2025.
“The submission of our licensing application to access Ontario’s regulated online gambling market is an important milestone in our Company’s journey. Once our application is approved, we anticipate that we will have the opportunity to launch our online casino product into the market later this year,” said Ben Clemes, Chief Executive Officer at High Roller.
Ontario is one of the largest regulated online gambling markets in the world as measured by gross gaming revenue. In 2024, regulated online gambling operators within the province generated approximately $2.3B in gross gaming revenue, and growth continues to be recorded in the first half of 2025. Recently, the province of Alberta passed enabling legislation to establish a regulatory framework for online gambling. Once available, the Company also intends to pursue licensure in Alberta to expand its regulated market footprint in Canada.
“Ontario is missing an elegant brand like High Roller. We’re excited to roll out the red carpet for our new customers, and we’re looking forward to showcasing our tremendous product,” said Clemes.
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