earnings
confidence high
sentiment positive
materiality 0.70
Golden Matrix Q3 record revenue >$11M; RKings $7.5M; MEXPLAY wagering up 383%
Meridian Holdings Inc./NV
2023-Q3 EPS reported
-$0.06
revenue$32,393,064
- Record Q3 revenue exceeding $11M; RKings contributed $7.5M including $5.8M from tournaments and $1.7M from GMGAssets.
- MEXPLAY online casino in Mexico: Q3 wagering $5.8M (+383% vs Q2), player deposits $476K (+610%), registered players 32.8K (+368%).
- July 2023 was RKings' best monthly financial results since acquisition nearly two years ago.
- Financing for MeridianBet acquisition progressing; proxy statement expected later in August for shareholder approval.