Meridian Holdings Inc. (NASDAQ: MRDN) announced the completion of its rebranding from Golden Matrix Group, effective March 3, 2026. The company now trades under the new ticker symbol MRDN, aligning its public identity with its primary operating subsidiary, the Meridianbet Group. This transition represents the final stage of the Meridianbet integration, a move that has been closely watched by investors and industry analysts.
The rebranding comes on the heels of a notable financial turnaround. In the third quarter of 2025, Meridian Holdings reported a shift from a net loss of $3.3 million to a profit of $0.4 million, marking a profitability inflection point. Additionally, the company has made significant progress in cleaning up its balance sheet, reducing total debt by 37% to $25.9 million since late 2024. These improvements signal a strengthening financial position as the company focuses on its core operations.
Meridian Holdings is a B2B and B2C gaming technology company operating across multiple international markets. Its B2C division, Meridianbet Group, is a leading online sports betting and gaming operator founded in 2001, licensed in jurisdictions across Europe, Africa, and South America. The B2B division includes game developer Expanse Studios and iGaming platform GMAG, which develop and license proprietary gaming platforms to global clients. Other subsidiaries include RKings Competitions, a UK-based raffle ticket business; Mexplay, a regulated online casino in Mexico; and Classics for a Cause, a subscription-based digital memberships provider in Australia.
For more details, view the full announcement here. The company is based in Las Vegas, Nevada, and its common stock is listed on the NASDAQ under the symbol MRDN.
