secwatch.observer — SEC 8-K summary
======================================

Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001477932-25-005491
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793225005491/0001477932-25-005491-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793225005491/gmgi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-005491

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer