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High Roller Technologies Inks Agreement with ProphetX to Expand Event Contracts Offering Through ROLR™

The nonexclusive arrangement allows ROLR to pursue connections to other exchanges, subject to the agreement’s terms.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

High Roller Technologies (NYSE: ROLR) signed a definitive commercial agreement through subsidiary ROLR FCM with ProphetX to expand access to sports event contracts.

The planned integration would connect eligible customers to ProphetX’s CFTC-registered exchange through a ROLR-branded interface. ROLR would receive a share of net fees generated by users accessing ProphetX through that interface. The relationship is nonexclusive, allowing other exchange connections subject to the agreement’s terms.

The agreement becomes effective six months after ROLR FCM receives futures commission merchant registration, unless the parties mutually agree otherwise. That registration remains outstanding, with no assurance it will be obtained. Commercial availability also depends on integration completion, operational readiness and applicable regulatory requirements. No launch date has been announced.

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3 points · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 4 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Moderate point. Forward-looking: it has not happened yet and may not happen.Definitive ProphetX agreement provides for planned access to additional sports event contracts through ROLR.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Net-fee sharing would give ROLR a portion of fees generated by users accessing ProphetX through its interface.
  • Minor pointNonexclusive terms allow ROLR to connect to other exchanges, subject to the agreement’s terms.

Negative

  • Moderate pointFutures commission merchant registration remains outstanding, with no assurance whether or when ROLR FCM will obtain it.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Agreement effectiveness follows registration by six months, unless the parties mutually agree otherwise.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Commercial availability remains conditional on integration completion, operational readiness and satisfaction of applicable regulatory requirements.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Customer access restrictions include ProphetX eligibility rules and applicable law; availability may exclude some persons or jurisdictions.

News Explained

Under the planned integration, ROLR would handle branding, marketing, customer acquisition and the interface; ProphetX would maintain customer accounts and funds and handle onboarding, execution, clearing and settlement. Access is not yet available; launch also requires FCM registration, integration completion, operational readiness and applicable regulatory requirements.

Key Figures

Agreement effective date: 6 months
Agreement effective date
6 months
After ROLR FCM LLC receives futures commission merchant registration, unless the parties mutually agree otherwise

Historical Context

1 past event · Latest: Oct 21
1 event
  1. Oct 21

    Prediction-market launch

    24h Move
    +5.8%

    Launched ROLR with CDNA event contracts, establishing the platform this additional exchange connection expands.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

designated contract market, derivatives clearing organization, futures commission merchant
3 terms
designated contract market regulatory
"registered with the Commodity Futures Trading Commission (the “CFTC”) as both a designated contract market"
A designated contract market is a regulated, public exchange where standardized futures and options contracts are bought and sold, similar to a supervised marketplace with clear rules and a referee to enforce them. It matters to investors because trading on such an exchange provides transparent prices, predictable contract terms and built‑in safeguards that reduce counterparty risk, making it easier to assess value and execute trades reliably.
derivatives clearing organization regulatory
"as both a designated contract market and a derivatives clearing organization"
A derivatives clearing organization is a regulated financial middleman that stands between buyers and sellers of futures, options, and other contracts to make sure trades are completed even if one side cannot pay. It collects collateral, nets offsetting positions, and runs backup plans for defaults, like an insurance pool for trades. Investors care because it reduces the chance of sudden losses from a counterparty failure, supports market liquidity, and makes derivatives trading safer and more reliable.
futures commission merchant regulatory
"effective date six months after ROLR FCM LLC receives registration as a futures commission merchant"
A futures commission merchant (FCM) is a licensed firm that executes and clears futures and options trades for clients, holds margin funds, and handles settlement and recordkeeping. Think of an FCM as the specialized broker and custodian for futures markets that also provides credit and risk controls; its reliability affects an investor’s ability to trade, the safety of their money, and the costs and speed of executing positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Planned integration intends to enable eligible ROLR customers to access ProphetX’s sports-focused exchange, supporting broader market choice and additional revenue opportunities

LAS VEGAS, Nevada, Nov. 12, 2026 (GLOBE NEWSWIRE) -- High Roller Technologies, Inc. (“High Roller” or the “Company”) (NYSE: ROLR), an online gaming and prediction markets company, today announced that its wholly owned subsidiary, ROLR FCM LLC, has entered into a definitive commercial agreement with ProphetX LLC (“ProphetX”) to integrate access to ProphetX’s federally regulated prediction markets exchange through a ROLR-branded interface.

“Expanding the markets available through ROLR is an important part of building a platform that traders choose to engage with,” said Seth Young, Chief Executive Officer of High Roller. “Our agreement with ProphetX combines additional sports markets with a revenue-sharing structure that allows ROLR to earn a portion of net fees generated by traders accessing ProphetX’s exchange through our interface. We believe this creates an attractive opportunity to generate an additional revenue stream by building on the ROLR brand, customer experience and marketing capabilities as we grow the business.”

“ROLR is building a prediction markets business around its brand, customer experience and distribution capabilities,” said Jake Benzaquen, Co-Founder and Chief Commercial Officer of ProphetX. “Our infrastructure gives partners a way to bring our event contracts directly into their products, while ProphetX handles the exchange and clearing functions. We look forward to working with High Roller to extend access to our markets through ROLR.”

Agreement and Integration Highlights

  • Expanded sports markets: The planned integration is intended to give eligible ROLR customers access to additional sports event contracts on ProphetX, whose markets cover outcomes such as game results, player performance and season-long championships. Participants trade with one another at prices determined by buying and selling activity.
  • ROLR-branded experience: Eligible users would be able to view ProphetX market data, submit orders electronically for execution on ProphetX’s exchange, and access and manage their ProphetX trading accounts through a ROLR-branded interface.
  • Regulated exchange infrastructure: ProphetX is registered with the Commodity Futures Trading Commission (the “CFTC”) as both a designated contract market and a derivatives clearing organization, providing the infrastructure for trading, clearing and settlement.
  • Defined operating responsibilities: ROLR would manage branding, marketing, customer acquisition and interface distribution. ProphetX would maintain customer trading accounts and funds and handle onboarding, identity verification, trade execution, clearing, settlement and market surveillance. Trading would remain subject to ProphetX’s rules and eligibility requirements.
  • Revenue participation: ROLR would receive a share of net fees generated by users accessing ProphetX through the ROLR-branded interface, creating an additional potential revenue source.
  • Nonexclusive relationship: The agreement provides flexibility for ROLR to continue expanding its offering through connections to other exchanges, subject to the agreement’s terms.
  • Timing and availability: The agreement provides for an effective date six months after ROLR FCM LLC receives registration as a futures commission merchant, unless the parties mutually agree otherwise. ROLR FCM LLC has not yet received such registration, and there can be no assurance as to whether or when it will be obtained. Commercial availability will depend on completion of the integration, operational readiness and satisfaction of applicable regulatory requirements. A launch date has not been announced.

Important Information

ROLR FCM LLC is not currently registered as a futures commission merchant with the CFTC or a member of the National Futures Association, and the integration described in this press release will not be made available unless and until all applicable registrations, approvals and conditions have been obtained or satisfied. Access to event contracts will be subject to ProphetX’s rules and eligibility requirements and to applicable law, and may not be available to all persons or in all jurisdictions. Trading event contracts involves substantial risk, including the risk of loss of the entire amount committed to a position, and is not suitable for all participants

About High Roller Technologies, Inc.

High Roller Technologies, Inc. (NYSE: ROLR) is a publicly traded online gaming and prediction markets company, known for its innovative casino brands High Roller and Fruta, and its prediction markets brand, ROLR. The Company delivers cutting-edge real-money consumer facing products that are intuitive and user-friendly. With a diverse portfolio of over 6,000 premium online casino games from more than 90 leading game providers, High Roller Technologies offers an immersive and engaging gaming experience in the rapidly expanding multi-billion-dollar iGaming industry. As an award-winning operator, High Roller Technologies continues to redefine the future of market engagement through innovation, performance, and a commitment to excellence.

For more information, please visit the Company’s investor relations website and follow High Roller Technologies on X, Facebook, and LinkedIn.

About ProphetX

Founded in 2018, ProphetX operates a U.S. prediction markets exchange and clearing organization registered with the CFTC. Built on a sports-focused foundation, its marketplace enables participants to trade event-based contracts at prices determined by market participants. ProphetX also provides infrastructure that enables other consumer platforms to integrate access to its markets. Its capabilities include a request-for-quote mechanism for pricing multi-event combinations. For more information, visit http://www.prophetx.co/partners.

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions, the commercial launch and growth of the ROLR™ prediction markets platform, the anticipated integration with ProphetX, the expected effective date and terms of the agreement with ProphetX, the anticipated receipt of futures commission merchant registration by ROLR FCM LLC. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, our limited operating history in the prediction markets business; the ability of ROLR FCM LLC to obtain and maintain registration as a futures commission merchant and membership in the National Futures Association, and the timing thereof; the ability of the parties to complete the integration with ProphetX on the anticipated timeline or at all, and the risk that the agreement with ProphetX is terminated, modified or does not produce the anticipated revenue or other benefits; the nonexclusive nature of the agreement with ProphetX and competition from other platforms and exchanges; risks related to platform stability, scalability and technical performance, our ability to attract, convert and retain platform users and to generate revenue from the platform in the anticipated timeline or at all, the effectiveness of and cost of our marketing and customer-acquisition efforts and the performance of our marketing and distribution partners; our reliance on third parties, including Crypto.com | Derivatives North America, Crypto.com FCM and mrkts.com, and the continuation of our guarantee, license and development agreements; our ability to maintain the registration of ROLR US LLC as a guaranteed introducing broker and its membership in the National Futures Association, the evolving regulatory environment applicable to prediction markets and event-based contracts, and general market and economic conditions and such factors as discussed throughout Part I, Item 1A. Risk Factors and Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations of our Annual Report on Form 10-K for the year ended December 31, 2025, Part I. Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations and Part II, Item 1A. Risk Factors, of our quarterly report on Form 10-Q/A for the quarter ended June 30, 2026 and in our other filings with the Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contacts:

High Roller Investor Relations
ir@highroller.com
800-460-1039

ProphetX
Jake Benzaquen
Co-Founder & CCO
jake@prophetexchange.com
http://www.prophetx.co/partners


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How would High Roller Technologies earn revenue from the ProphetX agreement?

ROLR would receive a share of net fees generated by users accessing ProphetX through the ROLR-branded interface. This is a potential additional revenue source, not an already operating revenue stream.

When will High Roller Technologies launch its ProphetX integration?

No launch date has been announced. The agreement provides for effectiveness six months after ROLR FCM obtains futures commission merchant registration, unless the parties mutually agree otherwise. Availability also depends on integration completion, operational readiness and applicable regulatory requirements.

Who will manage customer funds and trading under ROLR’s ProphetX agreement?

ProphetX would maintain customer trading accounts and funds and handle onboarding, identity verification, execution, clearing, settlement and market surveillance. ROLR would manage branding, marketing, customer acquisition and distribution of the interface. Trading would remain subject to ProphetX’s rules and eligibility requirements.

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