Meridian Holdings Stock (NASDAQ:MRDN)
Previous Close
$14.69
52W Range
$5.80 - $22.79
50D Avg
$10.12
200D Avg
$9.96
Market Cap
$171.92M
Avg Vol (3M)
$48.97K
Beta
1.59
Div Yield
-
MRDN Company Profile
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.