Overview
Compare with AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, Esports Entertainment Group or Venu Holding Corp, or pick any stock.
- TickerROLR on NYSE1
- IndustryServices-Amusement & Recreation Services1
- HeadquartersLas Vegas, Nevada1
- Incorporated inDE2
- Business address400 South 4Th Street, Suite 500-#390, Las Vegas, Nv 891012
- Filer category, Emerging growth company2
- Legal formCorporation
See how the biggest companies compare on our leaderboards
High Roller Technologies, Inc. (together, with its subsidiaries, unless the context otherwise indicates, “High Roller,” “we,” “us,” “our,” “ours”, or the “Company”) is an evolving and growth-oriented global online gaming operator focused on providing its customers with the most exciting, enjoyable and compelling online experience on the market. The Company defines the term platform (“Platform”) as the fusion of its technical IP, commercial partnerships, and operational expertise. Our experienced operational management team actively oversees engagement with its players and partners. The Company’s Platform is based around a set of gaming products, which the Company refers to as “iCasino” and is offered to players in select markets throughout the world. We currently offer more than 6,000 games from over 90 providers, representing largely the entire range of iCasino games which are most attr…3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Net gaming revenue brought in 79% of the revenue High Roller Technologies, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Net gaming revenue | $23.2M | $20.5M |
| Net intragroup services arrangements revenue | $3.6M | $5.5M |
Regions
FI brought in 60% of the revenue High Roller Technologies, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| FI | $10.7M | $12.3M |
| NZ | $5.3M | $4.3M |
| CA [member] | $3.2M | $2.2M |
| NO | $3.0M | $997.0K |
| Other | $928.0K | $584.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs70¢$14.3M
- Income tax14¢$2.9M
- Profit15¢$3.2M
Out of $20.5M in revenue.4
Financial statements
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $29.7M5 | $23.2M4 | $20.5M4 | |
| Operating expenses | $32.4M5 | $31.7M4 | $26.6M4 | |
| Operating income | -$2.7M5 | -$8.5M4 | -$6.2M4 | |
| Income before tax | -$2.8M5 | -$8.6M4 | -$2.3M4 | |
| Income tax | $13.0K5 | $7.0K4 | -$2.9M4 | |
| Net income | -$3.1M6 | -$2.8M5 | -$5.9M4 | $3.2M4 |
| Earnings per share | -$0.425 | -$0.824 | $0.374 | |
| Earnings per share (diluted) | -$0.425 | -$0.824 | $0.334 | |
| Shares (weighted, basic) | 6.6M shares5 | 7.2M shares4 | 8.4M shares4 | |
| Shares (weighted, diluted) | 6.6M shares5 | 7.2M shares4 | 9.7M shares4 |
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash | $2.1M5 | $6.9M4 | $2.1M4 | |
| Current assets | $4.9M5 | $8.8M4 | $5.8M4 | |
| Property, plant and equipment | $250.0K5 | $372.0K4 | $417.0K4 | |
| Intangible assets | $5.1M5 | $4.6M4 | $10.5M4 | |
| Total assets | $11.8M5 | $16.6M4 | $18.5M4 | |
| Current liabilities | $9.5M5 | $10.2M4 | $7.2M4 | |
| Total liabilities | $9.5M5 | $10.9M4 | $8.9M4 | |
| Retained earnings | -$21.2M5 | -$27.1M4 | -$24.3M4 | |
| Shareholders’ equity | -$150.0K5 | $2.3M4 | $5.7M4 | $9.6M4 |
| Shares outstanding | 7.0M shares5 | 8.4M shares4 | 8.5M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash from operations | $762.0K5 | -$3.9M4 | -$3.2M4 | |
| Depreciation and amortization | $60.0K5 | $243.0K4 | $313.0K4 | |
| Stock-based compensation | $219.0K5 | $1.1M4 | $1.4M4 | |
| Capital spending | $249.0K5 | $187.0K4 | $51.0K4 | |
| Free cash flow | $513.0K | -$4.1M | -$3.3M | |
| Cash from investing | -$629.0K5 | -$471.0K4 | -$1.6M4 | |
| Cash from financing | -$336.0K5 | $7.7M4 | -$90.0K4 |
Corporate structure
High Roller Technologies, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of High Roller Technologies, Inc.
- Cascadia Holdings Ltd Filed SCHEDULE 13D/A on High Roller Technologies, Inc., latest May 29, 2026 (3 filings since Nov 5, 2024)
- Jeffrey Loren Smith Filed SCHEDULE 13G on High Roller Technologies, Inc., latest May 26, 2026
- Legendman Investments Ltd Filed SC 13D on High Roller Technologies, Inc., latest Nov 7, 2024
- OEH Invest AB Filed SC 13D on High Roller Technologies, Inc., latest Nov 5, 2024
- High Roller Technologies, Inc. Las Vegas, Nevada
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What High Roller Technologies, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $312.0K4 Dec 31, 2025 | $225.0K4 Dec 31, 2024 | +38.7% |
| Leasehold improvements | $222.0K4 Dec 31, 2025 | $195.0K4 Dec 31, 2024 | +13.8% |
| Property and equipment, before depreciation | $534.0K4 Dec 31, 2025 | $420.0K4 Dec 31, 2024 | +27.1% |
| Accumulated depreciation | $117.0K4 Dec 31, 2025 | $48.0K4 Dec 31, 2024 | +143.8% |
| Property and equipment, net | $417.0K4 Dec 31, 2025 | $372.0K4 Dec 31, 2024 | +12.1% |
| Operating-lease assets (leased space) | $826.0K4 Dec 31, 2025 | $910.0K4 Dec 31, 2024 | −9.2% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $10.5M4 Dec 31, 2025 | $4.6M4 Dec 31, 2024 | +127.8% |
| Accumulated amortization | $643.0K4 Dec 31, 2025 | $334.0K4 Dec 31, 2024 | +92.5% |
| Finite-lived intangibles, net | $544.0K4 Dec 31, 2025 | $483.0K5 Dec 31, 2024 | +12.6% |
Properties, in its own words
The Company occupies approximately 4,898 square feet of space under a lease for office space and car parking bays in Malta that currently expires in January 2030, although the Company may terminate the lease at any time after January 2027. We also have a month to month lease in Las Vegas. The Company believes that the current facilities are suitable and adequate to meet the Company’s current needs and that suitable additional space will be available as and when needed. Additional disclosures have been included within Note 16, Leases, of the consolidated financial statements.
Item 2 of the 10-K filed Mar 10, 2026.3
Leadership
Who has led High Roller Technologies, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerSeth Adam Young Sep 2, 2025 to now9
- Chief executive officerBenjamin Michael Clemes Oct 23, 2024 to Sep 2, 202510
- Chief financial officerAdam Jonathan Felman May 21, 2025 to now11
- Chief financial officerMatthew Evan Teinert Oct 23, 2024 to Dec 26, 202412
- Chief operating officerJohn Milton Francis Iv. Dec 9, 2025 to now13
Board members and other officers (6)
- Board memberBrandon Christopher Eachus Oct 23, 2024 to now14
- Board memberDaniel Waldemar Bradtke Oct 23, 2024 to now15
- Board memberDavid Weild Iv. Oct 23, 2024 to now16
- Board memberJonas Fredrik Martensson Oct 23, 2024 to now17
- Board memberKristen Gayle Britt Oct 23, 2024 to now18
- Board memberMichael Cribari Oct 23, 2024 to now19
Timeline
- Oct 14, 20268-K Regulation FD disclosure20
- Oct 13, 20268-K Regulation FD disclosure21
- Aug 11, 20268-K Results of operations22
- Jul 1, 20268-K Executive or director change; Shareholder vote23
- Jun 29, 20268-K Other events24
- May 12, 20268-K Results of operations25
- Apr 22, 20268-K Director nominations26
- Apr 20, 20268-K Entered a material agreement; Other events27
- Apr 2, 20268-K Other events28
- Mar 31, 20268-K Executive or director change29
- Mar 10, 20268-K Results of operations30
- Jan 21, 20268-K Entered a material agreement; Other events31
- Sep 2, 2025New chief executive Seth Adam Young becomes CEO9
- Oct 23, 2024New chief executive Benjamin Michael Clemes becomes CEO10
Calendar
Coming up
- Nov 10, 2026Reports results for the quarter ending Sep/202632
When it reported results
- Aug 11, 2026Reported quarterly or annual results22
- May 12, 2026Reported quarterly or annual results25
- Mar 10, 2026Reported quarterly or annual results30
- Nov 12, 2025Reported quarterly or annual results33
- Aug 12, 2025Reported quarterly or annual results34
- May 15, 2025Reported quarterly or annual results35
- Mar 21, 2025Reported quarterly or annual results36
- Dec 5, 2024Reported quarterly or annual results37
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
174 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 31 major events, 63 insider forms, 6 large holders, 1 private raises, 65 other. The latest 20:
- Oct 14, 20268-K EDGAR
- Oct 13, 20268-K EDGAR
- Sep 21, 20264 PRIMARY DOCUMENT EDGAR
- Aug 21, 20264 PRIMARY DOCUMENT EDGAR
- Aug 11, 20268-K EDGAR
- Aug 11, 202610-Q EDGAR
- Jul 1, 20268-K EDGAR
- Jun 29, 20268-K EDGAR
- May 29, 2026SCHEDULE 13D/A EDGAR
- May 27, 20264 EDGAR
- May 26, 2026144 EDGAR
- May 26, 2026SCHEDULE 13G EDGAR
- May 21, 20264 PRIMARY DOCUMENT EDGAR
- May 21, 20264 PRIMARY DOCUMENT EDGAR
- May 21, 20264 PRIMARY DOCUMENT EDGAR
- May 21, 20264 PRIMARY DOCUMENT EDGAR
- May 21, 20264 PRIMARY DOCUMENT EDGAR
- May 21, 20264 PRIMARY DOCUMENT EDGAR
- May 19, 20264 PRIMARY DOCUMENT EDGAR
- May 14, 2026DEFA14A EDGAR
The 174 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
31 open-market trades by officers, directors and large owners since October 2021: 29 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 17, 2026 | Bradtke Daniel WaldemarDirector | Sale | 5,000 | $6.16 | $30.8K | Form 4 |
| Aug 19, 2026 | Felman Adam JonathanChief Financial Officer | Sale | 3,600 | $5.42 | $19.5K | Form 4 |
| Mar 13, 2026 | Francis John Milton IVChief Operating Officer | Buy | 2,277 | $3.95 | $9.0K | Form 4 |
| Dec 19, 2025 | Felman Adam JonathanChief Financial Officer | Buy | 9,500 | $1.36 | $12.9K | Form 4 |
| Dec 9, 2025 | Francis John Milton IVChief Operating Officer | Buy | 1,321 | $1.89 | $2.5K | Form 4 |
| Dec 8, 2025 | Francis John Milton IVChief Operating Officer | Buy | 1,424 | $1.76 | $2.5K | Form 4 |
| Dec 4, 2025 | Young Seth AdamChief Executive Officer | Buy | 5,850 | $1.58 | $9.2K | Form 4 |
| Nov 17, 2025 | Young Seth AdamChief Executive Officer | Buy | 4,691 | $2.46 | $11.6K | Form 4 |
| Aug 19, 2025 | Clemes Benjamin MichaelChief Executive Officer | Buy | 5,754 | $2.53 | $14.6K | Form 4 |
| Aug 18, 2025 | Felman Adam JonathanChief Financial Officer | Buy | 5,050 | $2.39 | $12.1K | Form 4 |
| Aug 18, 2025 | Eachus Brandon ChristopherDirector | Buy | 20,000 | $2.48 | $49.6K | Form 4 |
| Jun 6, 2025 | Cribari MichaelDirector | Buy | 3,433 | $3.04 | $10.4K | Form 4 |
| May 23, 2025 | Cribari MichaelDirector | Buy | 3,897 | $2.51 | $9.8K | Form 4 |
| May 22, 2025 | Clemes Benjamin MichaelChief Executive Officer | Buy | 2,500 | $2.12 | $5.3K | Form 4 |
| May 22, 2025 | Eachus Brandon ChristopherDirector | Buy | 25,000 | $2.00 | $50.0K | Form 4 |
| May 20, 2025 | Cribari MichaelDirector | Buy | 4,209 | $2.38 | $10.0K | Form 4 |
| May 19, 2025 | Clemes Benjamin MichaelChief Executive Officer | Buy | 5,000 | $2.34 | $11.7K | Form 4 |
| May 19, 2025 | Bradtke Daniel WaldemarDirector | Buy | 5,000 | $2.60 | $13.0K | Form 4 |
| Mar 25, 2025 | Cribari MichaelDirector | Buy | 3,263 | $3.73 | $12.2K | Form 4 |
| Mar 25, 2025 | Eachus Brandon ChristopherDirector | Buy | 13,718 | $3.60 | $49.4K | Form 4 |
All 31 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Cascadia Holdings LtdSCHEDULE 13D/A, 3 filings Nov 5, 2024 to May 29, 202638
- Jeffrey Loren SmithSCHEDULE 13G, 1 filing May 26, 202639
- Legendman Investments LtdSC 13D, 1 filing Nov 7, 202440
- OEH Invest ABSC 13D, 1 filing Nov 5, 202441
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $1.0M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2026 | $1.0M | $1.0M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 102,875 | $609.0K | 0.0% | +77,451 |
| Vanguard Capital Management LLC | 59,089 | $349.8K | 0.0% | −14,310 |
| UBS Group AG | 56,084 | $332.0K | 0.0% | +51,295 |
| Geode Capital Management, LLC | 55,660 | $329.6K | 0.0% | −1,359 |
| Jane Street Group, LLC | 34,168 | $202.3K | 0.0% | +22,635 |
| Vanguard Fiduciary Trust Co | 26,376 | $156.1K | 0.0% | +8,878 |
| State Street Corp | 18,100 | $107.2K | 0.0% | +6,800 |
| Barclays PLC | 13,020 | $77.1K | 0.0% | New |
| Northern Trust Corp | 11,926 | $70.6K | 0.0% | New |
| Bnp Paribas Financial Markets | 11,588 | $68.6K | 0.0% | New |
| Balefire, LLC | 10,000 | $59.2K | 0.0% | New |
| Morgan Stanley | 5,483 | $32.5K | 0.0% | +4,943 |
| Jpmorgan Chase & Co | 4,654 | $28.2K | 0.0% | New |
| Osaic Holdings, Inc. | 925 | $5.5K | 0.0% | +575 |
| Wells Fargo & Company/mn | 50 | $296 | 0.0% | New |
| Citigroup Inc | 48 | $284 | 0.0% | −9,013 |
| Investors Research Corp | 20 | $118 | 0.0% | No change |
| SBI Securities Co., Ltd. | 10 | $59 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How High Roller Technologies, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARHigh Roller Technologies, Inc.1
- CIK0001947210
- Employer ID (EIN)87-41598153
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)7900 Services-Amusement & Recreation Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address400 South 4Th Street, Suite 500-#390, Las Vegas, NV 891011
- Phone(702) 509-52441
- Shares outstanding11,029,313 as of Aug 11, 20268
- Public float$8.0M as of Dec 31, 20253
- AuditorWithumSmith+Brown, PC, Whippany, New Jersey PCAOB ID 100; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceNov 23, 20221
- Filings174 in all: 4 (49), 8-K (31), CORRESP (23), 3 (13), UPLOAD (10), S-1/A (8), 10-Q (6), EFFECT (3)1
All 30 form types
SC 13D (3), 10-K (2), DEF 14A (2), DEFA14A (2), DRS/A (2), DRSLTR (2), FWP (2), S-3 (2), 144 (1), 3/A (1), 424B3 (1), 424B4 (1), 424B5 (1), 8-A12B (1), CERT (1), D (1), DRS (1), S-1 (1), S-8 (1), SC 13D/A (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Mar 10, 2026
Quarterly report (10-Q) Aug 11, 2026
Proxy statement (DEF 14A) May 14, 2026
Latest 8-K (8-K) Oct 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.001 per share | ROLR | NYSE |
From the cover page of the 10-K filed Mar 10, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks High Roller Technologies, Inc. names in Item 1A of its 10-K filed Mar 10, 2026: 43 risks under these headings, as written.3
- Risks Related to Our Business
- Competition in the retail and online iCasino industry is intense and, as a result, we may fail to attract and retain users, which may negatively impact our operations and growth prospects.
- Our business depends on the success, including win or hold rates, of existing and future online gaming products, which rely on a variety of factors and are not completely controlled by us.
- Our forecasts, including for revenues, market share, expenses and profitability, are subject to significant risks, assumptions, estimates and uncertainties and may therefore differ materially from our expectations.
- If we fail to detect fraud or theft, including by our users and employees, our reputation may suffer, which could harm our brand and reputation and negatively impact our business, financial condition, results of operations and prospects and can subject us to investigations and litigation.
- Our current and projected performance relies upon high-bandwidth data capabilities and disruptions in the availability of these may negatively impact our business, financial conditions, results of operations and prospects.
- We may have difficulty accessing the services of banks, credit card issuers and payment processing services providers due to the nature of our business, which may make it difficult for players to effect transactions with financial institutions when making deposits or withdrawals from our platform.
- Our growth prospects may suffer if we are unable to develop successful game offerings or if we fail to pursue new and exciting additional game offerings. In addition, if we fail to make the right investment decisions in our offerings and technology platform, we may not attract and retain players and our revenue and results of operations may decline.
- Costs as a result of operating as a public company are significant, and our management is required to devote substantial time to compliance with our public company responsibilities and corporate governance practices.
- Recruitment and retention of our employees, including certain key employees, are vital to growing our business and meeting our business plans. The loss of any of our key executives or other key employees could harm our business.
- Due to the nature of our business, we are subject to taxation in a number of jurisdictions and changes in, or new interpretation of, tax laws, tax rulings or their application by tax authorities could result in additional tax liabilities and could materially affect our business, financial condition, results of operations and prospects.
- We have business operations located outside of the United States, which subjects us to additional costs and risks that could adversely affect our operating results.
The other 32 risks
- Our business includes significant international operations, and we are likely to be exposed to foreign currency transaction and translation risks. As a result, changes in the valuation of any major currency with which we conduct business in relation to other currencies could have positive or negative effects on our profitability and financial position.
- We are currently operating in a period of economic uncertainty and capital markets disruption, which has been significantly impacted by geopolitical instability due to the ongoing military conflict between Russia and Ukraine.
- Negative publicity of us or an adverse shift in public opinion regarding online casino wagering may adversely impact our business and user retention.
- We rely on several different marketing channels to acquire and retain customers and to promote our iCasino brands and our products. If we are not able to effectively acquire and retain customers via such channels then our business and operating results may be harmed.
- Risks Related to Government Regulation
- Our growth prospects depend on the legal status of real-money online casino gaming in various jurisdictions, and legalization may not occur in as many jurisdictions as we expect or may occur at a slower pace than we anticipate or may be accompanied by legislative or regulatory restrictions or taxes that make it impracticable or less attractive to operate, which could adversely affect our future results of operations and make it more difficult to meet our expectations for financial performance.
- Failure to comply with regulatory requirements or to successfully obtain a license or permit applied for could adversely impact our ability to comply with licensing and regulatory requirements or to obtain or maintain licenses in other jurisdictions, or could cause financial institutions, online and mobile platforms and distributors to stop providing services to us.
- Our inability to continue to conduct gaming operations under license from the Government of Estonia could adversely impact our online gaming operations in various jurisdictions and adversely affect our financial condition and operating cash flows.
- In some jurisdictions, our key executives, certain employees or other individuals related to the business will be subject to licensing or compliance requirements. Failure by such individuals to obtain the necessary licenses or comply with individual regulatory obligations could cause the business to be non-compliant with its obligations, or imperil its ability to obtain or maintain licenses necessary for the conduct of the business.
- Risks Related to Intellectual Property and Data Security
- We rely on information technology and other systems and platforms, and failures, errors, defects or disruptions therein could diminish our brand and reputation, subject us to liability, disrupt our business, affect our ability to scale our technical infrastructure and adversely affect our operating results and growth prospects. Our product offerings and other software applications and systems, and certain third-party platforms that we use could contain undetected errors.
- Failure to protect or enforce our intellectual property rights, the confidentiality of our trade secrets and confidential information, or the costs involved in such enforcement could harm our business, financial condition, results of operations and prospects.
- We will rely on licenses and service agreements to use the intellectual property rights of third parties which are incorporated into or used in our products and services. Failure to renew or expand existing licenses or service agreements may require us to modify, limit or discontinue certain product offerings, which could materially affect our business, financial condition, results of operations and prospects.
- Risks Related to our Third-Party Vendor Relationships
- We rely on third-party providers to validate the identity and location of our users, and if such providers fail to perform adequately or provide accurate information or we do not maintain business relationships with them, our business, financial condition, results of operations and prospects could be adversely affected.
- We rely on other third-party service and content providers (including online slot and other game providers) and if such third parties do not perform adequately or terminate their relationships with us, our costs may increase and our business, financial condition, results of operations and prospects could be adversely affected.
- If Internet and other technology-based service providers experience service interruptions, our ability to conduct our business may be impaired and our business, financial condition, results of operations and prospects could be adversely affected.
- We have relied on the customer lead generation services provided to us by Spike Up Media, an affiliate. The loss of those services or changes in terms by which those services are provided to us could result in slower growth, reduced gross profit margins or operating losses any of which could have a material adverse effect on our operations.
- Our growth will depend, in part, on the success of our strategic relationships with third parties. Overreliance on certain third parties, or our inability to extend existing relationships or agree to new relationships may cause unanticipated costs for us and impact our financial performance in the future.
- Risks Related to Our Affiliate Arrangements
- We have arrangements with our affiliates that impact our operations.
- Risks Related to our Liquidity and Capital Resources
- We may require additional capital to support our growth plans, and that capital may not be available on terms acceptable to us, if at all.
- We may invest in or acquire other businesses, and our business may suffer if we are unable successfully to integrate acquired businesses into our company or otherwise manage the growth associated with multiple acquisitions.
- If we raise capital in the future by issuing shares of common or preferred stock or other equity or equity-linked securities, convertible debt or other hybrid equity securities, then-existing stockholders may experience dilution, such new securities may have rights senior to those of the Company’s common stock, and the market price of the Company’s common stock may be adversely affected.
- We are a holding company that have no material assets other than the ownership of our operating subsidiaries. We depend on distributions from these subsidiaries. If these distributions are inadequate, we may be unable to pay our taxes and other expenses.
- Increases in the Company’s income tax rates, changes in income tax laws or disagreements with U.S. and foreign tax authorities can adversely affect the Company’s business, financial condition or results of operations.
- If the revenue generated by our iCasino operations does not meet the expectations of investors or securities analysts, the market price of our securities may decline.
- A significant portion of our total outstanding securities are restricted from immediate resale but may be sold into the market in the near future. This could cause the market price of our common stock to drop significantly, even if our business is doing well.
- Provisions in our Certificate of Incorporation may inhibit a takeover of the Company, which could limit the price investors might be willing to pay in the future for our securities and could entrench management.
- General Risk Factors
- Economic downturns and political and market conditions beyond our control, including a reduction in consumer discretionary spending, could adversely affect our business, financial condition, results of operations and prospects.
- Continued inflation may harm our business and financial condition.
- We may be subject to litigation in the operation of our business. An adverse outcome in one or more proceedings could adversely affect our business.
- Our Certificate of Incorporation provides that the Court of Chancery of the State of Delaware will be the sole and exclusive forum for substantially all disputes between us and our stockholders and federal district courts will be the sole and exclusive forum for Securities Act claims, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, or employees.
- We could be subject to future governmental investigations and inquiries, legal proceedings and enforcement actions. Any such investigation, inquiry, proceeding or action, could adversely affect our business.
- Our insurance may not provide adequate levels of coverage against claims.
- Our growth prospects and market potential will depend on our ability to obtain licenses to operate in a number of jurisdictions and if we fail to obtain such licenses our business, financial condition, results of operations and prospects could be impaired.
Legal proceedings
From time to time, the Company is party to certain legal proceedings in the ordinary course of business. Management, after consultation with legal counsel, currently does not anticipate that the aggregate liability arising out of these legal proceedings will have a material effect on Company’s results of operations, financial position, or cash flows and have assessed that there is no need to record a liability for these legal proceedings and related contingencies. Additional disclosures have been included within Note 15, Commitments and Contingencies of the consolidated financial statements.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16SEC EDGARDavid Weild Iv., Board member
- 17
- 18SEC EDGARKristen Gayle Britt, Board member
- 19SEC EDGARMichael Cribari, Board member
- 20SEC EDGARRegulation FD disclosure
- 21SEC EDGARRegulation FD disclosure
- 22SEC EDGARResults of operations
- 23
- 24SEC EDGAROther events
- 25SEC EDGARResults of operations
- 26SEC EDGARDirector nominations
- 27
- 28SEC EDGAROther events
- 29SEC EDGARExecutive or director change
- 30SEC EDGARResults of operations
- 31
- 32NasdaqNasdaq calendar
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43