Crypto.com Partners With NYSE-Listed Casino Operator High Roller to Launch US Prediction Market Contracts

Key Takeaways:

• High Roller Technologies (NYSE: ROLR) signed a definitive agreement with Crypto.com to distribute CFTC-regulated event contracts
• The deal covers prediction markets across finance, sports, and entertainment in the U.S.
• Third-party estimates project the mature U.S. prediction market could exceed $1 trillion in annual trading volume

Online Casino Operator Bets on Regulated Event Contracts

Under the deal announced Monday, event contracts from Crypto.com | Derivatives North America (CDNA), a CFTC-registered designated contract market and derivatives clearing organization, will be distributed through High Roller’s customer-facing platform. High Roller plans to operate as a CFTC-registered Introducing Broker and establish a relationship with Crypto.com’s CFTC-registered Futures Commission Merchant.

The agreement marks High Roller’s first move beyond traditional online casino operations. The Las Vegas-based company operates the High Roller and Fruta casino brands, offering more than 6,000 games from over 90 providers. It trades on the New York Stock Exchange under the ticker ROLR. High Roller’s shares more than doubled intraday on Monday, surging from a prior close of $5.09 to a session high of $11.74 before settling around $8 on volume of 55.4 million shares – more than 360 times the stock’s average daily trading volume.

Crypto.com co-founder and CEO Kris Marszalek said High Roller brings “a premium brand, strong online expertise and an established customer-facing platform” to the partnership. High Roller CEO Seth Young called the agreement “a significant milestone,” adding that the company had been preparing its product and logistics “over the last few months.”

The deal cites third-party estimates projecting that the mature U.S. prediction market opportunity could exceed $1 trillion in annual trading volume based on an EKG analysis cited on NEXT.io. Monthly trading volumes across prediction platforms have already climbed past $21 billion, up from $1.2 billion in early 2025, according to data from TRM Labs.

The partnership arrives at a moment of acute legal uncertainty for the prediction market sector. A federal judge blocked Arizona from proceeding with the first criminal arraignment of a prediction market operator on April 10, ruling that the CFTC is likely to succeed in its claim that federal law preempts state gambling statutes. But courts elsewhere have ruled against prediction market platforms, while a separate federal lawsuit by Kalshi against Montana was filed on April 12, extending the multi-state legal battle.

Crypto.com’s CDNA platform is one of several CFTC-registered exchanges competing for market share alongside Kalshi, which controls approximately 89 percent of the U.S. prediction market according to a Bank of America report cited by Coindesk. Robinhood entered the sector last year through a Kalshi partnership but has selectively excluded certain contract types over insider trading concerns.

High Roller said it intends to provide updates on product details, brand positioning, launch timing, and marketing partnerships in the coming weeks.