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High Roller Receives Notice of Non-Compliance with NYSE American Continued Listing Standards
High Roller Receives Notice of Non-Compliance with NYSE American Continued Listing Standards

Yahoo

time2 hours ago

  • Business
  • Yahoo

High Roller Receives Notice of Non-Compliance with NYSE American Continued Listing Standards

Company plans to submit plan of compliance, confident it will demonstrate regained compliance with continued listing standards Las Vegas, Nevada, June 06, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies ('High Roller' and the 'Company') (NYSE: ROLR), operator of award-winning premium online casino brands High Roller and Fruta, provides an update regarding the status of its ongoing compliance with the listing standards of the NYSE American. On June 4, 2025, the Company was notified by NYSE American LLC that due to reporting of stockholders' equity of approximately $2.8 million, the Company no longer meets the requirement that it must have no less than $4 million or more in stockholders' equity pursuant to the continued listing standards set forth under Section 1003(a)(ii) of the NYSE American Company Guide (the 'Company Guide') because the Company has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years ended December 31, 2024 and the Company does not qualify for an exemption under Section 1003(a) of the Company Guide. The Company must by July 4, 2025, submit a compliance plan that demonstrates how it intends to regain compliance with the continued listing standards within 18 months of the receipt of the notice, or December 4, 2026. The Company intends to develop and submit to the NYSE American such a plan. If the NYSE American does not accept the plan, or if the Company does not make progress consistent with the plan during the plan period, the NYSE American will initiate delisting procedures. If the NYSE American accepts the plan the Company will be subject to periodic reviews including quarterly monitoring for compliance with the plan. During this period, the Company's common stock will continue to be listed on the NYSE American and trade as usual subject to compliance with other NYSE American listing requirements. High Roller is confident that it will submit a plan acceptable to the NYSE American within the requisite time period, and that it will promptly be able to demonstrate that it has regained compliance with the continued listing standards. However, there can be no assurance that our plan will be accepted by the NYSE or that we will regain compliance. Ben Clemes, Chief Executive Officer at High Roller Technologies, said, 'This matter of corporate administration was anticipated, and as such we have made the relevant filings and notifications consistent with the requirements of the NYSE. High Roller is in a transformative period, execution against our company strategy is on course, and we are highly confident that this will be resolved promptly.' 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 5,000 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. 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 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 March 31, 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 ir@ 800-460-1039Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

College student ‘in the mood for a little fun' buys lottery tickets and wins big
College student ‘in the mood for a little fun' buys lottery tickets and wins big

Miami Herald

time4 hours ago

  • Business
  • Miami Herald

College student ‘in the mood for a little fun' buys lottery tickets and wins big

This Connecticut community college student couldn't afford to regularly splurge on lottery tickets. However, one day, he 'was in the mood for a little fun and figured he'd try his luck,' Connecticut Lottery officials said in a June 5 news release. And it's a good thing he did, as 'his life changed' upon seeing one of his lottery prizes, officials said. The student bought two tickets at a Ansonia convenience store: a $20 20X Cash 9th Edition scratch-off ticket and a $30 High Roller Progressive Fast Play ticket, lottery officials said. Both of the man's tickets were winners — his scratch-off ticket won him $1,000, while the other scored him a jackpot prize of $547,414, according to lottery officials. He beat odds of 1-in-203,703.70 to score the High Roller game's top prize. The winner told lottery officials he will use his winnings to pay off his student loans and tuition. 'He's also now seriously considering transferring out of community college and into a four-year university, since costs are no longer a barrier,' lottery officials said. Ansonia is about a 10-mile drive northwest from New Haven.

High Roller Technologies provides update on Q2 performance
High Roller Technologies provides update on Q2 performance

Yahoo

time10 hours ago

  • Business
  • Yahoo

High Roller Technologies provides update on Q2 performance

High Roller Technologies (ROLR) is providing an update on its Second Quarter performance. Ben Clemes, CEO, commented, 'The first half of this year has been very important in laying the groundwork for High Roller's future, and we are encouraged to see that our execution against the strategic plan we implemented in Q1 is both delivering the intended results, and accelerating the Company's momentum. As a result of our stated focus on business optimization initiatives, based on preliminary results I am pleased to share that we expect to report a significant decrease in the Company's operating loss in Q2. In parallel, we have seen strong and consistent improvement in key performance indicators across all business operations, most notably in Finland, one of our core markets of focus. We have also significantly strengthened our executive leadership team with experienced, high-performing talent that have been immediately and positively impactful in their roles.' Following the release of the High Roller's First Quarter earnings report, insiders completed the purchase of an additional 45,606 shares of stock. Q2 2025 Update: The Company strengthened its leadership team with the hiring of industry veterans Emily Micallef, Seth Young, Adam Felman. Based on preliminary unaudited results, the Company expects a decrease in operating loss of approximately 50% for the month ending April 2025, and expects to remain on a trajectory to achieve similar results for the remainder of Q2. Based on preliminary unaudited results, the Company expects to report Gross Gaming Revenue of approximately $2.5m and $2.75m, and Net Gaming Revenue of approximately $1.8m and $1.9m for the months of April 2025 and May 2025, respectively, the latter representing the best full month result of 2025. Based on preliminary unaudited results, the Company expects to report Net Gaming Revenue of approximately $798k and $1.15m in Finland for the month of April 2025 and May 2025 respectively, representing a MoM increase in Net Gaming Revenue of approximately 45%. The Company successfully submitted its license application to access Ontario's regulated online casino market. The Company announced a strategic technology partnership with Playtech to enter Ontario's regulated online casino market. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on ROLR: Disclaimer & DisclosureReport an Issue High Roller submits gaming license application in Ontario High Roller Technologies Appoints New CFO Amid Leadership Change High Roller Technologies appoints Felman as CFO High Roller Technologies Reports Q1 2025 Earnings High Roller Technologies appoints Seth Young as SVP, corporate strategy and IR

High Roller Q2 2025 Business Update
High Roller Q2 2025 Business Update

Yahoo

timea day ago

  • Business
  • Yahoo

High Roller Q2 2025 Business Update

Company's Strategic Plan Gains Traction As Organizational Changes Take Effect Las Vegas, Nevada, June 05, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies ('High Roller' and the 'Company') (NYSE: ROLR), operator of award-winning premium online casino brands High Roller and Fruta, is today providing an update on its Second Quarter ('Q2 2025') performance. Ben Clemes, Chief Executive Officer at High Roller Technologies, commented, 'The first half of this year has been very important in laying the groundwork for High Roller's future, and we are encouraged to see that our execution against the strategic plan we implemented in Q1 is both delivering the intended results, and accelerating the Company's momentum. As a result of our stated focus on business optimization initiatives, based on preliminary results I am pleased to share that we expect to report a significant decrease in the Company's operating loss in Q2. In parallel, we have seen strong and consistent improvement in key performance indicators across all business operations, most notably in Finland, one of our core markets of focus. We have also significantly strengthened our executive leadership team with experienced, high-performing talent that have been immediately and positively impactful in their roles.' Following the release of the High Roller's First Quarter earnings report, insiders successfully completed the purchase of an additional 45,606 shares of stock, signaling positive confidence in the Company's trajectory. 'Our execution throughout Q2 has been strong,' said Clemes. 'Our confidence in High Roller's future is at an all-time high and we expect to continue delivering positive results based upon the continued execution of our strategic plan.' Q2 2025 Updates The Company strengthened its leadership team with the hiring of industry veterans Emily Micallef (Chief of Staff, Chief Operating Officer), Seth Young (SVP Corporate Strategy & Investor Relations), Adam Felman (Chief Financial Officer). Based on preliminary unaudited results, the Company expects a decrease in operating loss of approximately 50% for the month ending April 2025, and expects to remain on a trajectory to achieve similar results for the remainder of Q2. Based on preliminary unaudited results, the Company expects to report Gross Gaming Revenue of approximately $2.5m and $2.75m, and Net Gaming Revenue of approximately $1.8m and $1.9m for the months of April 2025 and May 2025, respectively, the latter representing the best full month result of 2025. Based on preliminary unaudited results, the Company expects to report Net Gaming Revenue of approximately $798k and $1.15m in Finland for the month of April 2025 and May 2025 respectively, representing a MoM increase in Net Gaming Revenue of approximately 45%. The Company successfully submitted its license application to access Ontario's regulated online casino market. The Company announced a strategic technology partnership with Playtech (LSE: PTEC) to enter Ontario's regulated online casino market. Financial Results The preliminary financial results included in this press release are preliminary, unaudited and subject to completion. Such preliminary results are subject to the finalization of quarter-end financial and accounting procedures, and actual results may vary from the preliminary results presented herein. The preliminary financial results represent management estimates that constitute forward-looking statements subject to risks and uncertainties. These preliminary estimates have not been audited by our independent registered public accounting firm. Additional information with respect to the Company's business, operations and financial condition for the three months ended March 31, 2025 is contained in the Company's Quarterly Report on Form 10-Q and for the fiscal year ended December 31, 2024, is contained in the Company's Annual Report on Form 10-K, which have been filed with the U.S. Securities and Exchange Commission (the 'SEC') at 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 5,000 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. 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 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 March 31, 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 ir@ 800-460-1039Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Passengers stranded as private charter boat runs out of fuel near Point Walter Reserve
Passengers stranded as private charter boat runs out of fuel near Point Walter Reserve

West Australian

time3 days ago

  • General
  • West Australian

Passengers stranded as private charter boat runs out of fuel near Point Walter Reserve

A charter boat carrying dozens of passengers including children has been stranded off Point Walter Reserve after reportedly running out of fuel. Water Police received reports of a vessel running out of fuel and at anchor in the affluent riverside suburb of Bicton about 3pm on Wednesday. Vision of the unfolding incident shows one police boat floating several metres from BlueSun2 Charters' High Roller. A large number of people can be seen standing on the deck at the back of the stranded vessel, with several appearing to capture the bizarre incident with their mobile phones. A WA Police spokesperson said they were unable to provide further details, other than to confirm a marine crew was responding. It is not believed there have been any reports of injuries. BlueSun2 Charters' website states the High Roller is known for its 'relaxing vibe and laid back crew'. 'This is definitely one of the more fun boats for hire on Perth waters,' it reads. 'This vessel has a great specious deck, prefect for a party.' The West Australian has contacted BlueSun2 Charters for comment. More to come.

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