Online casino platform operator High Roller Technologies decreases proposed IPO deal size ahead of $10 million IPO

High Roller Technologies, which operates an online casino gaming platform, lowered the proposed deal size for its upcoming IPO on Thursday.

The Las Vegas, NV-based company now plans to raise $10 million by offering 1.3 million shares at a proposed price of $8. The company had previously filed to offer 1.5 million shares at a range of $8 to $10. At the revised deal size, High Roller Technologies will raise -26% less in proceeds than previously anticipated and command a market cap of $68 million.

High Roller Technologies is an online gaming operator that offers a real money online casino platform. Its platform is based around a set of gaming products, which it refers to as “iCasino” and is offered to players in select markets throughout the world. It currently offers more than 3,000 games, including video slots, blackjack, roulette, baccarat, craps, and video poker, and its 50+ providers include names like Evolution Gaming and Pragmatic Play, among others.

High Roller Technologies was founded in 2021 and plans to list on the NYSE American under the symbol ROLR. ThinkEquity is the sole bookrunner on the deal.