High Roller Technologies has reported its financial results for the third quarter of 2026, as revenue for the operator decreased 50.7% to $2.4m, while net loss during the period totaled $2.8m.
The net loss reported for Q3 2026 follows High Roller’s $3.6m net income during the third quarter of 2025, while adjusted EBITDA resulted in a loss of nearly $2.1m. Despite operating expenses decreasing 8% to $5.1m, High Roller’s loss from operations reached just over $2.7m.
“Our Q3 2026 results reflect lower online casino revenue due to the year-over-year impact of having exited certain markets in 2025, as well as our continued investment to bring ROLR to market,” High Roller CFO Adam Felman said.
High Roller Net Income/Loss History
in $mil
“The casino customers we serve today are more valuable, with revenue per depositing customer more than doubling year-over-year. We ended the quarter with $13.4m in cash and cash equivalents and no outstanding borrowings, which we believe is sufficient to fund our operations for at least the next 12 months.”
While High Roller’s prediction markets product launched on October 23, the operator still confirmed that the sector failed to generate revenue during Q3, with customer accounts carried by Crypto.com.
“On October 21, our ROLR prediction markets platform went live to the public, and High Roller formally entered its next chapter,” High Roller CEO Seth Young said.
High Roller Net Revenue + Adj. EBITDA History - Q3
in $mil
“We believe prediction markets have the potential to become the major growth driver for High Roller in 2027. Now our job is to bring customers onto the platform, learn from every trade, keep improving the product and put our distribution partners to work.”
High Roller acquired the ROLR.com domain in May as it continued to prepare for the launch of its prediction markets platform, with the domain acting as the consumer-facing brand for the service.
Reflecting the operator’s focus on higher-value players, average revenue per unique depositing customer reached $507 during Q3, an increase of 109.5% year-over-year.
Saratoga Casinos made a $1m strategic investment into High Roller on January 9 through a private placement of the operator’s common stock at a purchase price of $2.80 per share
