In brief
- Shares in High Roller Technologies (ROLR) have surged since the firm announced it will launch a predictions market product.
- The firm entered an agreement with a Crypto.com affiliate to offer a CFTC-regulated prediction market platform.
- Shares are down 7% on Wednesday, but have jumped more than 87% in the last 5 trading days.
Shares in publicly traded casino brand operator High Roller Technologies (ROLR) jumped more than 80% on Tuesday following word that the firm entered into an agreement with Crypto.com Derivatives North America (CDNA) to create a prediction markets offering.
The firm considers the move a “strategic growth opportunity,” in a sector that Bernstein analysts said this week could grow to generate $1…
