High Roller Technologies partners with Gaming Realms for Ontario market

LAS VEGAS - High Roller Technologies (NYSE:ROLR), operator of online casino brands High Roller and Fruta, announced Wednesday a partnership with Gaming Realms to incorporate the latter’s gaming content into its online casino library in Ontario. The company’s stock, currently trading at $3.21, has shown strong momentum with a 15% gain over the past week, though it remains significantly below its 52-week high of $8.46.

The partnership comes as High Roller Technologies awaits regulatory approval to enter Ontario’s regulated online casino market. The company has submitted its license application and anticipates launching operations in the second half of 2025, subject to licensing and approval. According to InvestingPro data, the company faces some financial challenges, with a current ratio of 0.57 indicating potential liquidity concerns. Get access to 10+ additional exclusive ProTips and comprehensive financial analysis with InvestingPro.

"Gaming Realms is one of the world’s most innovative gaming studios, offering a wide variety of entertaining content," said Ben Clemes, Chief Executive Officer at High Roller Technologies.

Craig Falciglia, Vice President of Americas at Gaming Realms, expressed confidence in the partnership, stating, "We are impressed with High Roller’s vision, and their commitment to providing a world-class gaming experience for their patrons."

High Roller Technologies operates a real-money online casino platform featuring over 5,000 games from more than 90 game providers. Gaming Realms is known for developing and publishing mobile gaming content, including Slingo, bingo, slots, and other casual games.

The announcement was made in a press release issued by High Roller Technologies.

In other recent news, High Roller Technologies reported its first-quarter 2025 financial results, revealing a 4% increase in revenue year-over-year to $6.8 million. However, the company also experienced a significant widening of its net loss to $3.3 million, or 39 cents per share, attributed primarily to a 50% increase in marketing expenses. The company remains focused on strategic market entries, particularly in Ontario and Alberta, where it anticipates future growth. High Roller Technologies also announced the appointment of Adam Felman as its new Chief Financial Officer, bringing extensive experience from his previous role at Digital Gaming Corporation. This leadership change is expected to support the company’s strategic vision and growth potential. The company has added 750 new games and 30,000 new active depositing customers, marking a 34% increase from the previous period. Analysts have shown interest in the company’s expansion strategy, including the potential addition of sports betting to its portfolio. High Roller Technologies is optimistic about its future prospects, particularly in regulated markets, and expects improved cash flow and margins in the latter half of 2025.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.