Meridian Holdings Inc. (MRDN)

NASDAQ: MRDN · Real-Time Price · USD
12.22
+0.07 (0.58%)
At close: Jun 4, 2026, 4:00 PM EDT
12.24
+0.02 (0.16%)
After-hours: Jun 4, 2026, 4:10 PM EDT
Market Cap154.61M -27.9%
Revenue (ttm)190.24M +12.6%
Net Income-87.41M
EPS-7.28
Shares Out 12.65M
PE Ration/a
Forward PE18.06
Dividendn/a
Ex-Dividend Daten/a
Volume32,846
Open11.97
Previous Close12.15
Day's Range11.66 - 12.54
52-Week Range5.80 - 23.76
Beta1.59
AnalystsBuy
Price Target19.73 (+61.46%)
Earnings DateJul 28, 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.

CEO William Scott
Employees 1,200
Stock Exchange NASDAQ
Ticker Symbol MRDN
Full Company Profile

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 Statements

Analyst Summary

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 61.46% from the latest price.

Price Target
$19.73
(61.46% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

Other symbols: FLUT
2 days ago - TheFly

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...

2 days ago - GlobeNewsWire

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.

10 days ago - GlobeNewsWire

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...

10 days ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - Newsfile Corp

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Newsfile Corp

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 ...

3 months ago - Newsfile Corp

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Newsfile Corp

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 ...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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, ...

5 months ago - GlobeNewsWire