---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-006816"
form_type: "8-K"
ticker: "MRDN"
cik: "0001437925"
company_name: "Meridian Holdings Inc./NV"
filed_at: "2026-11-10T21:30:51+00:00"
generated_at: "2026-11-10T21:32:09.452030+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Meridian Holdings Q3 revenue falls 3% to $46.0M; net loss $13.3M on $11.5M impairments

## Summary
- Q3 2026 revenue was $46.0 million, down 3% year-over-year; net loss attributable to Meridian Holdings was $13.3 million, including $11.5 million of non-cash impairment charges.
- Nine-month revenue rose 10% to $146.3 million; Meridianbet Group revenue rose 16% to $103.8 million, led by online casino up 21%.
- Nine-month operating cash flow was $17.7 million; total debt fell 47% to $24.1 million and net debt fell 65% to $8.1 million, a seventh straight quarter of deleveraging.
- CEO Zoran Milosevic cited customer-favorable sports results, Brazil's suspension of fixed-odds betting including online casinos, and higher operating costs.
- The company expects higher fourth-quarter betting volume and online casino momentum, targeting margin improvement through more targeted marketing and retail footprint optimization.

## SEC filing metadata
- accession: 0001477932-26-006816
- form_type: 8-K
- ticker: MRDN
- cik: 0001437925
- company_name: Meridian Holdings Inc./NV
- filed_at: 2026-11-10T21:30:51+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437925/000147793226006816/0001477932-26-006816-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437925/000147793226006816/meridian_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-006816
- JSON: https://secwatch.observer/filing/0001477932-26-006816.json
- Plain text: https://secwatch.observer/filing/0001477932-26-006816.txt

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