High Roller Technologies Inc. said Thursday that its subsidiary ROLR FCM LLC signed a commercial agreement with ProphetX LLC to expand sports event contracts offered through its ROLR prediction market platform.
Under the agreement, ROLR customers would gain access to ProphetX’s sports prediction markets, including contracts covering game results, player performances and season championships.
Seth Young, CEO of High Roller, said in a press release, “Our agreement with ProphetX combines additional sports markets with a revenue-sharing structure that allows ROLR to earn a portion of net fees generated by traders accessing ProphetX’s exchange through our interface.
“We believe this creates an attractive opportunity to generate an additional revenue stream by building on the ROLR brand, customer experience and marketing capabilities as we grow the business.”
ROLR would handle branding, marketing, customer acquisition and distribution. ProphetX, founded in 2018, is registered with the Commodity Futures Trading Commission (CFTC) as a designated contract market and clearing organization.
ProphetX would maintain customer trading accounts and funds and handle onboarding, trade execution, clearing and market surveillance.
ROLR would earn a share of net fees from users who trade through its interface. The companies did not disclose the split.
Timing hinges on registration
The agreement takes effect six months after ROLR FCM becomes a registered futures commission merchant (FCM), unless High Roller and ProphetX agree otherwise. The subsidiary has not yet submitted an application to the National Futures Association (NFA), which handles FCM registration on behalf of the Commodity Futures Trading Commission (CFTC).
High Roller said there is no assurance registration will be obtained and has not set a launch date. The company announced Wednesday that it had formed the subsidiary and hired Connamara Technologies to assess the requirements for operating an FCM.
The ProphetX deal is nonexclusive. That contrasts with High Roller’s agreement with Crypto.com Derivatives North America, first announced in January. A definitive agreement signed in April granted Crypto.com 24 months of exclusivity as a provider of prediction contracts through ROLR technology in the US. High Roller has not explained how the new ProphetX arrangement fits with that provision.
ROLR currently operates as a registered guaranteed introducing broker through ROLR US LLC under a guarantee agreement with Crypto.com FCM, which holds customer funds.
Following an invitation-only testing period that began Sept. 15, the wider prediction markets platform launched commercially on Oct. 21, and High Roller released its ROLR iPhone app on Nov. 9 to give eligible customers mobile access.
A segment dominated by sports
Sports contracts accounted for 62% of prediction market trading volume in April, Bernstein estimated. The firm expects that share to fall to about 31% by 2030 as other categories grow. It projects annual volume reaching $1tn by then.
Pew Research Center found that combined global sports trading volume on Kalshi and Polymarket in the first quarter of 2026 roughly matched the $40bn in handle recorded by legal US sportsbooks. In June and July, sports trading on the two platforms topped $80bn combined, including more than $58bn on Kalshi and nearly $22bn on Polymarket.
Unlike sportsbook handle, the prediction market figures reflect contract trading volume, which can include multiple trades in the same position. The figures also include activity outside the US.
H2 Gambling Capital estimated prediction market trading volume was equivalent to about 27% of legal US sports betting handle during the World Cup, up from roughly 9% at the start of 2026.
Kalshi held about 83% of volume among CFTC-approved exchanges in June, according to Blask. ProphetX offers a request-for-quote tool for pricing multi-event combinations, a product type that has featured in Kalshi’s recent volume gains.
However, this rapid growth has attracted mounting opposition from state gambling regulators, who contend that sports event contracts constitute wagering subject to state licensing requirements.
High Roller, whose existing business includes online casino brands High Roller and Fruta, has been scaling back legacy casino operations to prioritize prediction markets. It lists reliance on Crypto.com and other third parties among the risk factors in its SEC filings.