Meridian Holdings Inc. (MRDN)
| Market Cap | 168.15M |
| Revenue (ttm) | 190.24M |
| Net Income (ttm) | -87.41M |
| Shares Out | 12.65M |
| EPS (ttm) | -7.28 |
| PE Ratio | n/a |
| Forward PE | 19.64 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 198,501 |
| Open | 12.15 |
| Previous Close | 12.23 |
| Day's Range | 12.15 - 13.80 |
| 52-Week Range | 5.80 - 22.78 |
| Beta | 1.59 |
| Analysts | Buy |
| Price Target | 19.73 (+48.46%) |
| Earnings Date | Aug 5, 2026 |
About MRDN
Meridian Holdings Inc., a business-to-business and business-to-consumer gaming technology company, provides casino, sportsbook, and competition products in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and gaming operations under various brands, including Meridianbet, Expanse Studios, MexPlay, R Kings Competitions, Classics For A Cause, and GMAG. Meridian Holdings Inc. is based in Las Vegas, Nevada. [Read more]
Financial Performance
In 2025, Meridian Holdings's revenue was $182.86 million, an increase of 21.01% compared to the previous year's $151.12 million. Losses were -$89.90 million, 5973.2% more than in 2024.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MRDN stock is "Buy." The 12-month stock price target is $19.73, which is an increase of 48.46% from the latest price.
News
Meridian subsidiary signs distribution pact with Flutter subsidiary in Serbia
Meridian (MRDN) announced that the company’s subsidiary, Expanse Studios, a B2B iGaming content provider, has signed a strategic distribution agreement with MaxBet, one of Serbia’s omni-channel gaming...
Meridian Holdings Subsidiary Expanse Studios Signs Content Distribution Agreement with Flutter Subsidiary MaxBet for Serbian Market
LAS VEGAS, June 02, 2026 (GLOBE NEWSWIRE) -- Meridian Holdings Inc. (NASDAQ: MRDN) (“Meridian” or the “Company”), a global operator and technology provider in online sports betting and iGaming markets...
Meridian Holdings Announces Dejan “Pet” Petković, Brazilian Football Legend, as Global Brand Ambassador
Meridian Holdings (NASDAQ: MRDN) names Dejan "Pet" Petković, Brazilian football legend, as Global Brand Ambassador. Partnership includes launch of Pet TV.
Expanse Studios Secures Colombia Market Certification
LAS VEGAS, May 25, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Meridian Holdings Inc. (NASDAQ: MRDN), today announced regulatory certification enabling commercial deployment across Colom...
Expanse Studios Launches Proprietary Jackpot and Tournament System
LAS VEGAS, April 15, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Meridian Holdings Inc. (NASDAQ: MRDN), today announced the deployment of proprietary jackpot and tournament mechanics acr...
Meridianbet (MRDN) Launches Redesigned Platform in Malta, Adding More AI Tools and Betting Features
Valletta, Malta and Las Vegas, Nevada--(Newsfile Corp. - March 25, 2026) - Meridianbet, a sports betting and gaming operator and subsidiary of Meridian Holdings Inc. (NASDAQ: MRDN), has launched a ful...
Expanse Studios Enters Content Deployment Partnership with Stake
LAS VEGAS, March 13, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Meridian Holdings Inc. (NASDAQ: MRDN), today announced a strategic partnership with Stak...
Expanse Studios Secures Certification for Estonia and Latvia Markets
LAS VEGAS, March 10, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Meridian Holdings Inc. (NASDAQ: MRDN), today announced that it has received certification enabling the commercial deploym...
Reviewing the Capital Structure of Meridian Holdings Inc. (MRDN)
Las Vegas, Nevada--(Newsfile Corp. - March 6, 2026) - Meridian Holdings (NASDAQ: MRDN) reviews its capital structure and debt reduction. Throughout 2025, Meridian Holdings executed a systematic plan t...
Meridian Holdings (MRDN): New Name, New Ticker - What To Expect Next?
Las Vegas, Nevada--(Newsfile Corp. - March 5, 2026) - Following its official rebranding from Golden Matrix Group, Meridian Holdings Inc. (NASDAQ: MRDN) has completed its transition to a new corporate ...
Expanse Studios Launches Proprietary Bonus Bet Feature
LAS VEGAS, March 04, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Meridian Holdings Inc. (NASDAQ: MRDN), formerly known as Golden Matrix Group, announces successful launching of Bonus Bet...
Institutional Confidence in Golden Matrix Group (GMGI) Strengthens in Q4 2025
Las Vegas, Nevada--(Newsfile Corp. - March 2, 2026) - Publicly disclosed data shows a significant shift and strengthening of institutional support for Golden Matrix Group, Inc. (NASDAQ: GMGI) in Q4 20...
Expanse Studios Announces Multi-Market European Partnership with ESA Gaming
LAS VEGAS, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a leading B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced a strategic partnership ...
Expanse Studios Portfolio Goes Live on Licensed Meridianbet.be Platform in Belgium
VALLETTA, Malta, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, the gaming content subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced the official launch of its proprietary gam...
Expanse Studios Launches First Celebrity-Branded Slot ‘VASO Psycho' with MMA Icon Vaso Bakocevic
LAS VEGAS, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has launched VASO Psycho, the studio's first celebrity-branded slot title, develo...
At AmCham Tanzania Event, Meridianbet's 17-Year Track Record Takes Center Stage
NASDAQ-Listed Meridianbet Marks 17 Years in Tanzania with Over 500 Community Initiatives, 70% Women in African Management Roles NASDAQ-Listed Meridianbet Marks 17 Years in Tanzania with Over 500 Commu...
Expanse Studios Seals Content Distribution Agreement with Lobbet via DualSoft in Montenegro
LAS VEGAS, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Golden Matrix Group Inc. NASDAQ GMGI, has concluded a content distribution agreement with Lobbet, a licensed sports bettin...
Golden Matrix Group Subsidiary Expanse Studios Signs Content Distribution Partnership with Brazino777
LAS VEGAS, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has signed a strategic content distribution part...
Expanse Studios Launches Super Heli Premium Across Core Markets
LAS VEGAS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has launched Super Heli Premium, an expanded version of its flagship crash game n...
Expanse Studios (GMGI) Featured in Gaming International Online: "When You Own the IP, You Scale Without Proportional Cost Growth"
LAS VEGAS, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, the gaming content development subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), announced it was featured in Gaming International On...
Expanse Studios to Release Super Heli Premium in Late January 2026
LAS VEGAS, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), will release Super Heli Premium later this month, an expanded version of its flag...
Expanse Studios Provides 2025 Operational Review
VALLETTA, Malta, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, the B2B gaming content development division and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), today released its 2025 opera...
Expanse Studios Partners with Synot Interactive to Deploy Games Across Olybet's European Network
VALLETTA, Malta and LAS VEGAS, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Globe Newswire – Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has signed ...
Meridianbet (GMGI) Extends Title Sponsorship with EuroLeague's Crvena Zvezda Through 2030
BELGRADE, Serbia and VALLETTA, Malta and LAS VEGAS, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Meridianbet, a leading sports betting and iGaming operator in 18 jurisdictions and subsidiary of Golden Matrix Gro...
Meridianbet (GMGI) Launches Proprietary Flash Bet Instant Sports Simulation Feature
VALLETTA, Malta and LAS VEGAS, Dec. 26, 2025 (GLOBE NEWSWIRE) -- Meridianbet, the sports betting operator and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), announces the launch of Flash Bet, ...