High Roller Technologies Inc., operator of the award-winning, premium online casino brands High Roller and Fruta, announced Saratoga Casino Holdings LLC (Saratoga) has made a $1.0 million strategic investment in the Company through a private placement of restricted shares of common stock of High Roller at a purchase price of $2.80 per share.
Saratoga operates casino properties in New York, Pennsylvania, Colorado, and Mississippi, and this investment marks their first step into the online gaming sector.
“This strategic investment from Saratoga is a strong vote of confidence in our business model and growth strategy. This strategic alignment with Saratoga is an indication of our continued ambition to scale our platform, expand our market reach, and execute on our near- and long-term initiatives,” said Seth Young, Chief Executive Officer at High Roller.
“Over the past few years, we have been seeking the right opportunity to make our first investment in the online gaming sector. High Roller’s growth trajectory is extremely compelling, and we are thrilled to support the company with this strategic investment,” said Samuel Gerrity, CEO of Saratoga Casino Holdings.
