Meridian, MS, November 10, 2026 — Meridian Holdings, identified by its stock ticker MRDN, has announced its financial results for the third quarter, reporting a loss for the period.

A significant factor contributing to the company’s financial performance during the quarter was the write-down of a Brazilian gaming license. This license, previously considered an asset, has been revalued to zero.

The specific details regarding the reasons for the Brazilian gaming license being written down to zero were not provided in the company’s initial report. Information concerning the exact financial impact of this write-down, beyond its reduction to zero value, was also not detailed. The full extent of how this write-down affected the reported third-quarter loss is also not elaborated upon.

Further information regarding the operational status or future plans for Meridian Holdings in Brazil, or any other jurisdictions, was not made available. The company has not disclosed details about the acquisition cost or the previous valuation of the now-zeroed Brazilian gaming license.

Meridian Holdings’ reporting of a third-quarter loss, coupled with the substantial asset impairment of its Brazilian gaming license, marks a notable development for the company. Investors and analysts will likely seek additional information regarding the underlying causes and the forward-looking implications of these events.


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