Share 
Bonus TL;DR
- High Roller Technologies initiated a closed beta for its new prediction market platform ahead of a planned October launch.
- The public company is winding down its legacy casino business to focus entirely on federally regulated event contract trading.
High Roller Technologies said its ROLR Predict U.S. prediction market platform entered a closed beta soft launch on Sept. 15, 2026, with a full commercial launch targeted for October 2026, as the public company shifts away from online casino gaming.
The update matters because High Roller is repositioning itself around a federally regulated prediction market product built with Crypto.com, rather than its legacy casino business. Management told the Small-Cap Virtual Conference that it sees prediction markets as a financial product and expects to make money primarily from transaction commissions instead of taking risk on trade outcomes.
“Very simply, when a trader opens or closes a trade, we make a commission. We have no stake in the outcome of the trade,” Seth Young said during the presentation.
High Roller is winding down most of its casino business
High Roller said it had $18 million in cash at the end of Q2 2026, a position management described as “very comfortable” for the launch phase. The company also said it is winding down its casino business in all but four active jurisdictions while building out distribution and regulatory capabilities for prediction markets.
The casino segment generated more than $20 million in net revenue in 2025, but management said casino revenue was down about 50% year over year, while net revenue declined about 7%. For the last 12 months as of Q2 2026, revenue totaled $15.63 million, down 28.59% year over year, with a gross profit margin of 59.6%.
High Roller’s financing history gives more context to the pivot. The company raised $25 million in January 2026 at $13.21 per share through an RDO offering after previously raising $10 million in its October 2024 IPO at $7.50 per share. It also filed an S-3 in October 2025 covering up to $150 million.
Regulatory access and partnerships are central to the launch
High Roller said it received a National Futures Association Guaranteed Introducing Broker license in May 2026. Management also pointed to Crypto.com’s access to CFTC-related capabilities, including FCM, DCM and DCO infrastructure, as part of the platform’s regulatory setup.
The company identified several distribution and marketing partners tied to the rollout, including Spike Up Media for customer acquisition, Forever Network as an exclusive prediction markets partner, Leverage Game Media for influencer reach, and Lines.com for search-driven content.
Management framed the market opportunity aggressively, saying U.S. annual contract trading volume could reach $1.5 trillion by 2030, with an addressable market of $50 billion based on a 3.25% operator commission rate. It also said the business could reach $1 billion in annual top-line revenue by 2030, with 20% to 45% EBITDA margins, while acknowledging there are more than 50 competitors in the space.
What comes next is more immediate: whether High Roller hits its planned October 2026 commercial launch and whether it can turn its closed beta into a broader U.S. rollout.
Source: As reported by investing.com.
