High Roller Technologies (ROLR, Financial) has released an optimistic update for its Second Quarter performance. Preliminary figures suggest a significant reduction in operating loss, with expectations of nearly halving the loss by the end of April 2025. Key performance indicators have shown consistent improvement, particularly in Finland, a crucial market for the company. April and May 2025 are projected to generate Gross Gaming Revenues between $2.5 million and $2.75 million, with Net Gaming Revenues expected to reach $1.8 million to $1.9 million, respectively. Specifically in Finland, the company anticipates a 45% month-over-month increase in Net Gaming Revenue, with figures of $798,000 in April and $1.15 million in May.
High Roller has also strengthened its leadership by hiring industry experts, enhancing the executive team's capabilities. Furthermore, the company has successfully submitted its license application for entry into Ontario's regulated online casino market and announced a strategic partnership with Playtech to facilitate this expansion.