---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-005491"
form_type: "8-K"
ticker: "MRDN"
cik: "0001437925"
company_name: "Meridian Holdings Inc./NV"
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:05:49.264640+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Golden Matrix Q2 revenue +10% to $43.2M, net loss $3.6M, Adj EBITDA -37%

## Summary
- Total revenue $43.2M (+9.6% YoY), net loss $3.6M ($0.03 EPS), adjusted EBITDA $3.4M (-37% YoY).
- Meridianbet revenue $29.2M (+16%); casino GGR +29%, turnover $434M; new registrations +124% on Brazil launch.
- Raffle business RKings beat daily revenue record by 12% in Q2 and another 40% on Aug 1 with >30k orders.
- FY2025 revenue guidance $185-188M (22-24% growth); July European revenue recovered +25% YoY constant currency.

## SEC filing metadata
- accession: 0001477932-25-005491
- form_type: 8-K
- ticker: MRDN
- cik: 0001437925
- company_name: Meridian Holdings Inc./NV
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437925/000147793225005491/0001477932-25-005491-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437925/000147793225005491/gmgi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-005491
- JSON: https://secwatch.observer/filing/0001477932-25-005491.json
- Plain text: https://secwatch.observer/filing/0001477932-25-005491.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.