High Roller Technologies plans to enhance its sports betting services through a partnership with Altenar Software for a comprehensive solution.
Quiver AI Summary
High Roller Technologies, Inc., an operator of online casino brands, announced plans to expand its sports betting operations by signing a non-binding Letter of Intent with Altenar Software Limited. This agreement is aimed at establishing a Software Services & Support Agreement, whereby Altenar would provide a fully managed B2B sports betting software solution for High Roller’s sports betting websites. CEO Seth Young emphasized that this partnership would enhance High Roller’s market position, while Altenar’s Sales Manager, Matthew Ferrara, noted that High Roller’s reach and execution capabilities would significantly benefit their collaboration. The proposed services include comprehensive sportsbook solutions such as software licensing, integration, risk management, and support. However, the press release warns that there is no guarantee that a definitive agreement will be reached or that the integration and launch will occur as planned.
Potential Positives
- High Roller Technologies, Inc. is set to expand its sports betting presence, which could significantly enhance its market position in the competitive online gaming industry.
- The non-binding Letter of Intent with Altenar Software Limited indicates a strategic partnership that aims to leverage Altenar's comprehensive and proven sportsbook solution, ultimately aiming for a timely launch.
- The partnership with Altenar includes access to a fully managed sportsbook solution, which encompasses software, integration, risk management, and 24/7 support, potentially leading to an improved user experience and operational efficiency.
Potential Negatives
- The press release emphasizes that the Letter of Intent (LOI) is non-binding, indicating that there is no guarantee a definitive agreement will be executed, which introduces uncertainty about the partnership with Altenar.
- The mention of potential risks associated with the integration, regulatory approvals, and launch signifies operational challenges ahead, which could impact the company's expansion plans and market strategy.
- Forward-looking statements in the release highlight inherent uncertainties and risks that could cause actual results to differ materially from expectations, indicating a lack of certainty in achieving projected objectives.
FAQ
What is the recent partnership between High Roller and Altenar?
High Roller has signed a non-binding Letter of Intent with Altenar to provide a managed sports betting software solution.
How will the partnership benefit High Roller Technologies?
The partnership allows High Roller to rapidly expand its market position by integrating Altenar's sportsbook services into its offerings.
What services will Altenar provide to High Roller?
Altenar will deliver sportsbook software, integration, hosting, risk management, and ongoing support services.
What is the status of the agreement between High Roller and Altenar?
The agreement is currently a Letter of Intent and is subject to negotiation and final documentation.
What are High Roller's core products?
High Roller's core products include its premium online casino brands, High Roller and Fruta, offering a wide range of games.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ROLR Insider Trading Activity
$ROLR insiders have traded $ROLR stock on the open market 9 times in the past 6 months. Of those trades, 9 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ROLR stock by insiders over the last 6 months:
- BRANDON CHRISTOPHER EACHUS purchased 20,000 shares for an estimated $49,600
- ADAM JONATHAN FELMAN (Chief Financial Officer) has made 2 purchases buying 14,550 shares for an estimated $24,989 and 0 sales.
- SETH ADAM YOUNG (Chief Executive Officer) has made 3 purchases buying 10,541 shares for an estimated $20,803 and 0 sales.
- BENJAMIN MICHAEL CLEMES (Chief Executive Officer) purchased 5,754 shares for an estimated $14,557
- JOHN MILTON IV FRANCIS (Chief Operating Officer) has made 2 purchases buying 2,745 shares for an estimated $5,002 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ROLR Revenue
$ROLR had revenues of $6.3M in Q3 2025. This is a decrease of -16.43% from the same period in the prior year.
You can track ROLR financials on Quiver Quantitative's ROLR stock page.
$ROLR Hedge Fund Activity
We have seen 4 institutional investors add shares of $ROLR stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 19,453 shares (+inf%) to their portfolio in Q3 2025, for an estimated $54,468
- CITADEL ADVISORS LLC added 14,472 shares (+inf%) to their portfolio in Q3 2025, for an estimated $40,521
- BLACKROCK, INC. added 1,298 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,634
- TOWER RESEARCH CAPITAL LLC (TRC) removed 978 shares (-59.5%) from their portfolio in Q3 2025, for an estimated $2,738
- UBS GROUP AG removed 647 shares (-97.1%) from their portfolio in Q3 2025, for an estimated $1,811
- BANK OF AMERICA CORP /DE/ added 13 shares (+118.2%) to their portfolio in Q3 2025, for an estimated $36
- SBI SECURITIES CO., LTD. added 0 shares (+0.0%) to their portfolio in Q3 2025, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Las Vegas, Nevada, Jan. 08, 2026 (GLOBE NEWSWIRE) -- High Roller Technologies, Inc. (“High Roller”) (NYSE: ROLR), operator of the award-winning, premium online casino brands High Roller and Fruta , plans to expand its sports betting presence and has inked a non-binding Letter of Intent (“LOI”) with Altenar Software Limited (“Altenar”) to finalize and execute a definitive Software Services & Support Agreement (“SSSA”) in which Altenar would provide High Roller with a fully managed B2B sports betting software solution for use on High Roller’s licensed sports betting websites.
“The addition of sportsbook to our product suite through Altenar offers us the opportunity to rapidly expand High Roller’s market position,” said Seth Young, CEO of High Roller Technologies Ltd. “Altenar’s platform, risk management services, and 24/7 support model align with our goal to deliver a reliable and scalable user experience as we pursue the regulatory pathways and technical milestones required for launch.”
“We are excited to be working with High Roller and its team,” said Matthew Ferrara, Sales Manager, North America, of Altenar . “High Roller brings extensive customer reach, with proven delivery and execution across multiple online gaming brands, which are key elements that strongly support the anticipated partnering economics of our relationship. We look forward to working closely with the team in support of a successful integration and a timely launch.”
Proposed Scope of Services under a Definitive Agreement
Altenar would deliver a comprehensive sportsbook betting solution including sportsbook software, integration, hosting, risk management, and support services . Subject to final definitive documentation, the contemplated sportsbook solution would include:
- SaaS licensing and access to Altenar’s sportsbook software
- API integration into High Roller’s platform
- Hosting, system monitoring, and technical support
- Risk management services , including odds compilation and fraud control
- Ongoing software updates, upgrades, and maintenance
-
Support services
, including
24/7 handling of critical incidents
Important Notice Regarding the Letter of Intent
This press release describes a LOI and the Parties’ intention to negotiate and execute definitive documentation. No assurance can be given that a definitive agreement will be executed or that the Parties will successfully complete integration, obtain required approvals, or launch any platform. Unless and until a definitive agreement is executed, the described business relationship remains subject to negotiation and satisfaction of conditions.
About High Roller Technologies, Inc.
High Roller Technologies, Inc. is a leading global online gaming operator known for its innovative casino brands, High Roller and Fruta , listed under the ticker ROLR on the NYSE. The Company delivers a cutting-edge real-money online casino platform that is intuitive and user-friendly. With a diverse portfolio of over 6,000 premium games from more than 90 leading game providers, High Roller Technologies serves a global customer base, offering an immersive and engaging gaming experience in the rapidly expanding multi-billion iGaming industry. The online casino features enhanced search engine optimization, machine learning, seamless direct API integrations, faster load times, and superior scalability.
As an award-winning operator, High Roller Technologies continues to redefine the future of online gaming through innovation, performance, and a commitment to excellence. For more information, please visit the High Roller Technologies, Inc. investor relations website , X , Facebook , and LinkedIn pages.
About Altenar Software
Altenar provides a highly comprehensive and fully managed sportsbook solution to many of the leading brands across the globe. Its award winning sportsbook solution delivers stability, security, and extensive configurability to ensure a best-in-class sports betting experience. Built on many years of experience, Altenar’s sportsbook solution provides a vast range of front-end features and back-office functionality, which enable operators to improve player acquisition and retention rates. Its offering combines a wide range of sporting events, a deep understanding of trading and risk, and a personalized UI to ensure each operator has the ability to differentiate themselves in the market.
For more information, visit: https://altenar.com
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. 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 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, 2024 and throughout Part I, Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations and in Part II, Item 1A. Risk Factors of our Quarterly Report on Form 10-Q for the quarter ended September 30, 2025. 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.
Contact
[email protected]
800-460-1039