High Roller stock jumps over 100% on Crypto.com prediction markets deal

High Roller Technologies announced a significant deal with Crypto.com to enter the U.S. prediction markets. This news caused High Roller's stock to jump over 100%, from approximately $5 to nearly $11, before settling back to around $6.38. The agreement allows High Roller to launch event-based prediction markets in finance, sports, and entertainment, expanding beyond its existing online casino brands. The company views this as a major growth opportunity, especially as regulated event contracts gain popularity in the U.S., with estimates suggesting a mature domestic market could reach over $1 trillion in annual trading volume. Both High Roller and Crypto.com believe this partnership will enhance access to these regulated contracts in the United States.

(Source：Crypto Briefing)