Meridian Holdings Inc.
- MRDN · Nasdaq
- Services-Prepackaged Software
- Las Vegas, NV
- 1,200 employees
- CIK 0001437925
Updated from SEC filings through
Top things to know
Executives
-
Zoran Milošević Chief Executive Officer (Principal Executive Officer) of the Company and Chief Executive Officer of the MeridianBet Group DEF 14A, 2026-10-02 - William Scott President, Interim Chief Executive Officer 10-K, 2026-03-31
- Richard Christensen CFO 4, 2026-04-30
- Rich Christensen Chief Financial Officer 10-K, 2026-03-31
- Zhe Yan Chief Accounting Officer 3, 2026-10-05
- Weiting ‘Cathy’ Feng Chief Operating Officer 10-K, 2026-03-31
What leadership is saying
“Our second quarter reflects the discipline we have built into this business. We grew revenue 16%, expanded adjusted EBITDA* 43%, delivered our second consecutive quarter of GAAP profitability and reduced net debt* by 65% year-over-year, all against a sporting-results backdrop that was unusually favorable to bettors across the industry during the quarter. Furthermore, crossing $100 million in first-half revenue for the first time is a milestone that speaks to the scale we have”
Earnings press release (8-K Ex. 99.1), filed July 29, 2026
Meridian Holdings Inc. is a U.S. public company in services-prepackaged software (SIC 7372), headquartered in Las Vegas, NV. It trades as MRDN on Nasdaq. Revenue was $183M in the fiscal year ending December 31, 2025, +21.0% from the year before. It reported about 1,200 employees. Zoran Milošević is Chief Executive Officer (Principal Executive Officer) of the Company and Chief Executive Officer of the MeridianBet Group.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $183M 10-K, 2026-03-31 | $151M 10-K, 2026-03-31 | $93.0M 10-K, 2025-03-24 | $44.2M 10-K, 2024-01-17 | $36.0M 10-K, 2024-01-17 |
| Operating income | -$96.2M 10-K, 2026-03-31 | $2.7M 10-K, 2026-03-31 | $13.8M 10-K, 2025-03-24 | -$526K 10-K, 2024-01-17 | $192K 10-K, 2024-01-17 |
| SG&A | $200M 10-K, 2026-03-31 | $85.8M 10-K, 2026-03-31 | $54.5M 10-K, 2025-03-24 | $8.4M 10-K, 2024-01-17 | $6.1M 10-K, 2024-01-17 |
| Net income | -$92.0M 10-K, 2026-03-31 | -$1.4M 10-K, 2026-03-31 | $13.7M 10-K, 2025-03-24 | -$1.2M 10-K, 2024-01-17 | $44K 10-K, 2024-01-17 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Zoran Milošević | Chief Executive Officer (Principal Executive Officer) of the Company and Chief Executive Officer of the MeridianBet Group | DEF 14A, 2026-10-02 |
| William Scott | President, Interim Chief Executive Officer | 10-K, 2026-03-31 |
| Richard Christensen | CFO | 4, 2026-04-30 |
| Rich Christensen | Chief Financial Officer | 10-K, 2026-03-31 |
| Zhe Yan | Chief Accounting Officer | 3, 2026-10-05 |
| Zhe ‘Scott’ Yan | Named in proxy bio: Chief Accounting Officer, Principal Financial Officer and Principal Accounting Officer | DEF 14A, 2026-10-02 |
| Weiting ‘Cathy’ Feng | Chief Operating Officer | 10-K, 2026-03-31 |
| Atul Bali | Director | 10-K, 2026-03-31 |
| Murray G. Smith | Director | 10-K, 2026-03-31 |
| Snežana Božović | Director | 10-K, 2026-03-31 |
What Meridian Holdings Inc. does
The information included in this Report on Form 10-K should be read in conjunction with the consolidated financial statements and related notes in “ Item 8. Financial Statements and Supplemental Data ” of this Report.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 12.7 million (as of July 29, 2026) | 10-Q, July 29, 2026 |
|---|---|---|
| Public float | $36.1M (as of June 30, 2025) | 10-K/A, April 30, 2026 |
| Latest proxy statement | Meeting November 5, 2026 (filed October 2, 2026) | DEF 14A, October 2, 2026 |
| Auditor | M&k Cpas, PLLC (Woodlands, TX) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| December 1, 2025 | Anthony Brian Goodman Chief Executive Officer | Sale | 50,000 | $41K | Form 4, December 8, 2025 |
| November 24, 2025 | Anthony Brian Goodman Chief Executive Officer | Sale | 50,000 | $40K | Form 4, November 28, 2025 |
| November 7, 2025 | Richard Christensen CFO | Buy | 20,000 | $18K | Form 4, November 10, 2025 |
| November 6, 2025 | Richard Christensen CFO | Buy | 10,000 | $10K | Form 4, November 7, 2025 |
| November 4, 2025 | Richard Christensen CFO | Buy | 25,000 | $25K | Form 4, November 5, 2025 |
| September 2, 2025 | Anthony Brian Goodman Chief Executive Officer | Sale | 50,000 | $53K | Form 4, September 5, 2025 |
| September 2, 2025 | Richard Christensen CFO | Buy | 20,000 | $21K | Form 4, September 3, 2025 |
| August 26, 2025 | Richard Christensen CFO | Buy | 25,000 | $33K | Form 4, August 27, 2025 |
Recent 8-K events
- 8-K filed 2026-10-02
- Item 1.01 Entry into a material definitive agreement
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-29
- Item 8.01 Other events
- 8-K filed 2026-07-29
- Item 1.02 Termination of a material definitive agreement
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-31
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-18
- Item 8.01 Other events
- 8-K filed 2026-03-03
- Item 3.03 Material modification to rights of security holders
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 8.01 Other events
- 8-K filed 2026-02-26
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-02-24
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Meridian Holdings Inc.
- What does Meridian Holdings Inc. do?
- In its own words, from Item 1 of its 10-K: "The information included in this Report on Form 10-K should be read in conjunction with the consolidated financial statements and related notes in “ Item 8. Financial Statements and Supplemental Data ” of this Report."
- What is Meridian Holdings Inc.'s revenue?
- $183M for the fiscal year ending December 31, 2025, from its 10-K filed March 31, 2026.
- Is Meridian Holdings Inc. profitable?
- Meridian Holdings Inc. reported net income of -$92.0M for the fiscal year ending December 31, 2025.
- How many employees does Meridian Holdings Inc. have?
- About 1,200 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Meridian Holdings Inc.?
- Zoran Milošević, Chief Executive Officer (Principal Executive Officer) of the Company and Chief Executive Officer of the MeridianBet Group, as named in a DEF 14A filed October 2, 2026.
- Who is the CFO of Meridian Holdings Inc.?
- Richard Christensen, CFO, as named in a 4 filed April 30, 2026.
- Where is Meridian Holdings Inc. headquartered?
- Las Vegas, NV.
- What is Meridian Holdings Inc.'s stock ticker?
- MRDN on Nasdaq.
- What industry is Meridian Holdings Inc. in?
- Services-Prepackaged Software, SIC code 7372.
- What is Meridian Holdings Inc.'s website?
- meridian-holdings.com. Investor relations: https://ir.meridianbet.com.
- When does Meridian Holdings Inc. report earnings next?
- November 12, 2026. Source: pg_future_events.
- Is Meridian Holdings Inc. a public company?
- Yes. Meridian Holdings Inc. files with the SEC under CIK 0001437925 and trades as MRDN.
- Who audits Meridian Holdings Inc.?
- M&k Cpas, PLLC, Woodlands, TX, as named in its latest annual report (10-K).
- How many shares of Meridian Holdings Inc. are outstanding?
- 12.7 million shares as of July 29, 2026, from its 10-Q filed July 29, 2026.
- What is Meridian Holdings Inc.'s public float?
- $36.1M as of June 30, 2025, as reported on the cover of its 10-K/A filed April 30, 2026.
- When is Meridian Holdings Inc.'s annual shareholder meeting?
- November 5, 2026, per its proxy statement (DEF 14A) filed October 2, 2026.
- Have Meridian Holdings Inc. insiders traded stock recently?
- Since June 30, 2025, officers and directors reported 15 open-market sales worth about $851K and 8 purchases worth about $162K on Forms 4 and 5. The most recent: Anthony Brian Goodman (Chief Executive Officer) sold 50,000 shares on December 1, 2025.