High Roller Technologies, Inc. (NYSE: ROLR) has entered into a Platform License and Development Services Agreement with DeepEther Labs, Ltd., securing exclusive rights to its prediction markets technology ahead of the commercial launch of its ROLR brand.

The agreement, announced on August 13, 2026, provides High Roller with access to DeepEther’s proprietary mrkts.com platform and source code. DeepEther is the Malta-based technology company behind mrkts.com, the B2B prediction markets platform, and the Elantil iGaming platform. Under the terms, High Roller will own the intellectual property rights for the customer-facing ROLR application, including frontend source code, user interface, design assets, and brand-specific configuration. The company also receives a worldwide, royalty-free, sublicensable, and irrevocable license to the underlying platform for current and future prediction market products.

Key Provisions of the Agreement

The partnership includes several structural elements designed to give High Roller control over its product roadmap:

• Exclusive Development Rights: DeepEther Labs will dedicate personnel and operational resources exclusively to High Roller for prediction market products during the applicable term, barring entry into new licensing relationships with third parties for similar products.
• Technology Integrations: The developer will support connectivity with Crypto.com services and Crypto.com | Derivatives North America (CDNA), including FIX connectivity. This also covers payment gateways, AML/KYC compliance, identity verification, geographic restrictions, and regulatory disclosures.
• iGaming Optionality: Beyond prediction markets, High Roller receives a non-exclusive, perpetual, worldwide, royalty-free license to use the platform for other iGaming verticals, such as sports betting and online casino.
• Long-Term Continuity: The deal includes provisions for ongoing platform updates, source-code access, and a structured knowledge-transfer process should High Roller choose to assume full development responsibility in the future.

Strategic Context

Seth Young, Chief Executive Officer of High Roller Technologies, stated that the agreement strengthens the company’s technology foundation and enhances its ability to scale. He noted that the flexible consumer platform allows High Roller to control and expand the ROLR experience over time. Young emphasized that the combination of adaptable technology architecture and significant long-term rights supports the company’s aggressive growth plans in the regulated U.S. prediction markets sector.

Clyde Vassallo, Co-Founder & CPO of mrkts.com, emphasized that the technology architecture is built to provide operators with flexibility rather than constraining them within a closed platform. He noted that High Roller’s vision for ROLR is a strong fit with this philosophy.

Related Party Disclosure

The agreement involves related parties, as Daniel Bradtke, Brandon Eachus, and Michael Cribari, who serve as directors on High Roller’s board of directors, own interests in DeepEther Labs, Ltd. The transaction was reviewed and approved in accordance with the company’s related party transaction policies.

What the Numbers Show

While no financial figures were disclosed for the license fee or development costs, the structure of the deal highlights a strategic shift toward asset ownership. By securing ownership of the customer-facing application and exclusive development resources, High Roller aims to reduce long-term dependency on third-party vendors for its core prediction markets infrastructure. The inclusion of perpetual, royalty-free licenses for both prediction markets and broader iGaming verticals suggests an intent to minimize recurring technology costs as the business scales.

High Roller Technologies reported a net loss of $2.4 million for the second quarter ended June 30, 2026, as revenues fell 52% year-over-year to $2.8 million. The significant drop in top-line performance reflects the company's deliberate exit from certain online casino markets and a strategic refocus on its planned expansion into regulated U.S. prediction markets. Despite the revenue contraction, total operating expenses declined 23% to $5.3 million, primarily due to lower direct operating costs and reduced advertising and promotion expenses. The company ended the quarter with $18.0 million in cash and cash equivalents and $29.6 million in stockholders’ equity.

The financial results coincide with major regulatory progress for High Roller’s prediction markets initiative. ROLR US LLC was approved as a Member of the National Futures Association and registered as a Guaranteed Introducing Broker. This regulatory milestone establishes the foundation for the company’s planned launch through Crypto.com FCM infrastructure, under a definitive agreement with Crypto.com | Derivatives North America (CDNA). High Roller will operate as a Guaranteed Introducing Broker, providing access to CDNA event contracts across finance, sports, and entertainment categories via its ROLR platform.

Seth Young, Chief Executive Officer of High Roller Technologies, stated that the quarter focused on coordinated execution across product, technology, compliance, and operations to advance the ROLR platform toward commercial readiness. The company also introduced the ROLR consumer brand and launched the ROLR Free-To-Trade Prediction Challenge, an eight-week skill-based competition offering more than $100,000 in guaranteed cash prizes. Additionally, High Roller executed strategic marketing agreements with Lines.com, Forever Network, and Leverage Game Media to support customer acquisition for the U.S. launch.

From a capital markets perspective, High Roller was added to the Russell Microcap Index as part of the 2026 Russell U.S. Indexes annual reconstitution, increasing visibility among institutional investors. The company also expanded its applied AI capabilities by appointing Nicholis Muller as Head of Applied AI to lead initiatives in compliance automation and product personalization. A Big 4 consultancy has been engaged to support licensing and regulatory workstreams for the U.S. prediction markets business.

Financial Performance Summary

What the Numbers Show

The divergence between the 52% revenue decline and the 23% reduction in operating expenses highlights the aggressive nature of High Roller’s strategic pivot. While revenue dropped more sharply than costs, leading to a wider operational loss of $2.5 million compared to $1.1 million in the prior year period, the cost discipline suggests management is actively restructuring the expense base to align with the lower-revenue, high-growth potential prediction markets model. The preservation of $18.0 million in cash provides runway for this transition, though the widening adjusted EBITDA loss from $(0.2) million to $(1.8) million indicates that near-term profitability remains distant as investment in regulatory and technological infrastructure continues.