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PRESS-RELEASE ·Filed Jun 2, 2026

MRDN

Meridian Holdings Inc.
BULLISH
Impact 5/10
Horizonweeks Processed4mo ago WireGlobeNewswire
Press release · Contract
Actionable Insight ▲ Bullish

The agreement provides a tangible distribution channel in a growing regulated market, but lacks disclosed financial terms. Monitor for future revenue disclosures or expansion announcements in Southeast Europe.

DirectionBullish
Confidencemedium
Horizonweeks
Final — all horizons settled through T+60d
MRDN ▲ +11.63% at T+60d
LONG call ✓ call won +11.63% · α vs SPY +10.51% · entry $12.38 → $13.82
Entry = T+0 close
Jun 2, 2026
via day close
T+1d
-1.86%
call -1.86% · α -1.14%
$12.15
settled 5mo ago
T+5d
+4.36%
call +4.36% · α +7.33%
$12.92
settled 5mo ago
T+20d
+10.99%
call +10.99% · α +12.55%
$13.74
settled 4mo ago
T+60d
+11.63%
call +11.63% · α +10.51%
$13.82
settled 2mo ago

Price Chart

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Executive Summary

Meridian Holdings subsidiary Expanse Studios signed a distribution agreement with MaxBet, a Serbian operator owned by Flutter Entertainment, to integrate its gaming portfolio into the Serbian market. The partnership is already live and provides Meridian access to Flutter's global scale in a regulated market projected to grow to $186 million by 2029.

Key Facts

  • Expanse Studios signed a distribution agreement with MaxBet, a Flutter Entertainment subsidiary and one of Serbia's leading omni-channel operators.
  • The partnership is already in full effect with Expanse Studios' titles live and accessible to players.
  • MaxBet holds an estimated 15%-20% online market share in Serbia.
  • Serbia's online gambling revenue is projected to grow to $186 million by 2029 (Statista).
  • Expanse Studios has over 1,500 B2B operator partnerships globally and a portfolio of over 70 proprietary titles.

Financial Impact

No specific revenue or dollar amounts disclosed for the agreement; Serbia's online gambling market projected at $186M by 2029.

revenuemarket share

Risk Factors

  • No disclosed financial terms or minimum revenue guarantees for the agreement.
  • Regulatory or operational challenges in deploying content in Serbia.
  • Competitive pressure from other iGaming content providers in the region.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
88% bullish (8 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3304897
13 reports for MRDN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for MRDN — sortable, filterable
TypeNow
Oct 2, 2026
24d ago
DEFA14A
NEUTRAL ★ 4/10
$11.55awaiting T+20—$10.49 (−9.18%)
Oct 2, 2026
24d ago
DEF 14A
BEARISH ★ 5/10
$11.55awaiting T+20—$10.49 (+9.18%)
Oct 2, 2026
24d ago
8-K
BULLISH ★ 7/10
$11.55awaiting T+20—$10.49 (−9.18%)
Jul 29, 2026
12w ago
8-K
NEUTRAL ★ 4/10
$11.16 $14.00▲ +25.50%▲ +21.54%$10.49 (−5.96%)
Jul 29, 2026
12w ago
8-K
BULLISH ★ 6/10
$11.01 $13.82▲ +25.52%▲ +20.50%$10.49 (−4.72%)
Jul 18, 2026
14w ago
Press Release
NEUTRAL ★ 4/10
$13.50 $14.33▲ +6.15%▲ +2.03%$10.49 (−22.30%)
Jul 17, 2026
14w ago
Press Release
NEUTRAL ★ 3/10
$13.52 $14.29▲ +5.70%▲ +1.25%$10.49 (−22.41%)
Jun 2, 2026
21w ago
Press Release
BULLISH ★ 5/10
$12.38 $13.74▲ +10.99%▲ +12.55%$10.49 (−15.27%)
May 25, 2026
22w ago
Press Release
NEUTRAL ★ 4/10
$10.54 $13.71▲ +30.08%▲ +32.02%$10.49 (−0.47%)
Apr 28, 2026
26w ago
8-K
BULLISH ★ 7/10
$7.49 $10.47▲ +39.79%▲ +34.33%$10.49 (+40.05%)
Showing 10 of 13

US Market Status

Market Open — Closes in 4h 11m

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Report published Jun 2, 2026