Summary of High Roller Technologies (ROLR) Conference Call Company Overview - Company Name: High Roller Technologies - Ticker Symbol: ROLR - Business Model: B2C online casino with a dual brand strategy (High Roller and Fruta) [6][7] - Headquarters: Malta, with satellite offices in the U.S. and Europe [9] Industry Insights - Market Size: The global iGaming market was estimated at approximately $40 billion in 2023, with projections to reach nearly $135 billion in a few years [16] - Growth Rate: The iGaming industry is growing at an annual rate of about 9% [16] - Market Shift: There is a significant shift from land-based casinos to online platforms, which is expected to continue [16] Key Business Strategies - Customer Acquisition: Partnership with SpyCup Media, a leading iGaming customer acquisition firm, enhances traffic to the website [8][17] - Player Acquisition Engine: For every dollar spent on customer acquisition, the company generates approximately $1.93 in return [18][19] - Revenue Generation: Revenue is generated through online casino games, which are designed with a house advantage [20][22] Market Expansion Plans - Core Markets: Focus on regulated markets such as Finland, Ontario, and Alberta, with a total addressable market (TAM) of approximately $4 billion [42] - Finland: Expected to drive about 60% of net gaming revenue, with a TAM of up to $1.2 billion [36] - Ontario: Anticipated market entry in late 2025, with a TAM of about $2.5 billion, where online casino represents 72% [38][40] - Alberta: Expected market launch in early 2026, with an estimated market size of $750 million to $1 billion [41] Competitive Advantages - Experienced Team: The company boasts a strong executive team with extensive experience in the gaming industry [23][27][30] - Regulation-First Growth Model: Focus on regulated markets provides stable revenue streams and high barriers to entry for competitors [56] - Diverse Revenue Streams: In addition to online casino operations, the company also engages in affiliate marketing, allowing for low-risk revenue generation [49][51] Product Offering - Game Library: One of the largest game libraries in the world with over 5,000 games from more than 90 partners [10][11] - Customization: Ability to localize products for different markets, enhancing user experience [52] Financial Projections - Market Share Potential: Aiming for a 1% market share in core markets could yield approximately $40 million in revenue, with potential for higher margins [43] - EBITDA Margins: Expected EBITDA margins could range from 20% to 40% depending on operational efficiency [43] Conclusion - High Roller Technologies is positioned for significant growth in the online casino market, leveraging a strong brand, experienced team, and strategic partnerships to capitalize on emerging opportunities in regulated markets. The focus on customer acquisition and product differentiation will be key drivers of success moving forward [57]
High Roller Technologies (ROLR) Conference Transcript