
NASDAQConsumer CyclicalGambling, Resorts & Casinos
Latest quote
$11.09
+$0.25 · +2.31%
Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was established on June 4, 2008, by co-founders Weiting Feng and Anthony Brian Goodman, and its corporate headquarters are located in Las Vegas, Nevada.
Latest quote
$11.09
+$0.25 · +2.31%
Regular session · ET · Market data may be delayed.
Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was established on June 4, 2008, by co-founders Weiting Feng and Anthony Brian Goodman, and its corporate headquarters are located in Las Vegas, Nevada.
Day range
Current $11.09
52-week range
Current $11.09
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
47
Fair Value
Sentiment
43
Mixed
Risk
69
High Risk
Momentum
77
Gaining
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was established on June 4, 2008, by co-founders Weiting Feng and Anthony Brian Goodman, and its corporate headquarters are located in Las Vegas, Nevada.
Day range
Current $11.09
52-week range
Current $11.09
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 182.86M USD | 151.12M USD | 92.99M USD | 36.03M USD | 60.37M USD |
| Cost of goods sold | 79.41M USD | 62.54M USD | 24.75M USD | 26.87M USD | 14.62M USD |
| Gross profit | 103.46M USD | 88.57M USD | 68.24M USD | 9.16M USD | 45.75M USD |
| Research and development | — | — | — | 23.09K USD | 199.65K USD |
| Selling, general, and administrative | 97.92M USD | 78.1M USD | 52.28M USD | 8.97M USD | 20.29M USD |
| Operating expenses | 107.08M USD | 84.47M USD | 54.18M USD | 8.97M USD | 31.45M USD |
| Interest income | 240.72K USD | 218.15K USD | 97.82K USD | 9.19K USD | 268 USD |
| Interest expense | 4.58M USD | 3.52M USD | 36.16K USD | — | — |
| Depreciation and amortization | 15.15M USD | 10.79M USD | 5.42M USD | 407.44K USD | 3.86M USD |
| Operating income | −3.62M USD | 4.1M USD | 14.06M USD | 192.49K USD | 14.3M USD |
| Net income | −89.9M USD | −1.48M USD | 13.7M USD | −250.04K USD | 12.87M USD |
Company facts updated Oct 10, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$26.40
138.05% upside| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Mar 3, 2026 | 1:12 | — | — |
Stock split | Jun 26, 2020 | 1:150 | — | — |
Stock split | Jan 9, 2017 | 1:150 | — | — |
Stock split | Apr 7, 2016 | 1:1,500 | — | — |
Stock split | Oct 15, 2015 | 1:2,000 | — | — |
Effective Mar 3, 2026
1:12
Effective Jun 26, 2020
1:150
Effective Jan 9, 2017
1:150
Effective Apr 7, 2016
1:1,500
Effective Oct 15, 2015
1:2,000
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Extended Market ETFVXF
iShares Micro-Cap ETFIWC
ProShares - Ultra Russell2000UWM
ProShares - UltraPro Russell2000URTYAI-generated and delayed market data for informational and educational purposes only. Not investment advice.