Economic growth signal rises for first time since 2022: Conference Board
Investment in artificial intelligence will likely drive economic growth, according to Justyna Zabinska-La Monica, The Conference Board’s senior manager for business cycle indicators.
On Thursday, 20 August 2026, High Roller (ROLR) announced a strategic pivot from online casino gaming to prediction markets at the Micro-Cap Virtual Conference. Management highlighted the move as a significant growth opportunity but cautioned about execution risks like app approval and converting early interest into paying users.
ROLR is entering the prediction markets space through a partnership with Crypto.com under its ROLR brand. The company has obtained an NFA introducing broker license and is nearing product completion, with App Store acceptance as the final hurdle. High Roller boasts ownership of platform technology, a public listing, and a network of marketing partners as competitive advantages.
The company owns the Markets.com platform, which provides front-end and back-end technology for prediction markets, and has secured a perpetual worldwide license to it. Management sees a $1.5 trillion annual contract trading volume opportunity by 2030 and has secured an Estonian gaming license and a pending Ontario market license for online gambling.
The company raised $26 million in January 2026, and had $15.63 million in revenue over the last twelve months as of Q2 2026, maintaining a gross profit margin of nearly 60%. Despite strong margins, the stock trades above its fair value. High Roller's CEO, Seth, emphasized the company's focus on prediction markets and its intent to scale back the legacy casino business.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
