$MRDN’s Hidden Growth Engine Is Scaling Fast 🚀

Expanse Studios is the creative core of $Meridian Hldg(MRDN)$

This segment focuses on building online casino games.

In Q2 2026, Expanse continued to grow its global presence.

Its games are now available on 1,881 different operator sites, which is 362 more than at the end of last quarter.

The studio launched 18 new proprietary games this quarter, bringing its total collection of titles to 95.

Additionally:

- The number of players grew by 67%

- Revenue grew by 138%

- Pay-ins grew by 143%

- Gross gaming revenues grew by 90%

It is clear that this segment is delivering explosive growth.

Furthermore, one of the most important moves this quarter was a new partnership with Bragg, a leading distributor in North America, and a deal with Flutter’s Serbian subsidiary Max Bet. This deal allows Expanse’s games to be offered to millions of new players in the Americas, where online gaming is just starting to take off, and in Serbia.

To sell games in new regions, a studio must have its software tested and certified by the local government.

Expanse has been very successful in getting these stamps of approval.

During Q2, the studio secured new certifications in:

- Latvia

- Colombia

- Portugal

- Slovenia

Furthermore, it is also waiting for certification in Ontario, Canada, and New Jersey, US, which are some of the biggest gaming markets in the world.

This business is very scalable, as by obtaining these certificates, Expanse can grow its revenue with limited capital investment.

Once scaled, the studio could become a potentially high-margin part of the business.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This deal allows Expanse’s games to be offered to millions of new players in the Americas, where online gaming is just starting to take off, and in Serbia.</p>\n<p>To sell games in new regions, a studio must have its software tested and certified by the local government.</p>\n<p>Expanse has been very successful in getting these stamps of approval.</p>\n<p>During Q2, the studio secured new certifications in:</p>\n<p><strong>- Latvia</strong></p>\n<p><strong>- Colombia</strong></p>\n<p><strong>- Portugal</strong></p>\n<p><strong>- Slovenia</strong></p>\n<p>Furthermore, it is also waiting for certification in Ontario, Canada, and New Jersey, US, which are some of the biggest gaming markets in the world.</p>\n<p>This business is very scalable, as by obtaining these certificates, Expanse can grow its revenue with limited capital investment.</p>\n<p>Once scaled, the studio could become a potentially high-margin part of the business.</p></body></html>","htmlText":"<html><head></head><body><p>Expanse Studios is the creative core of <a data-mention-id=\"MRDN\" class=\"teditor-mention\" data-mention-name=\"Meridian Hldg\" href=\"https://ttm.financial/S/MRDN\">$Meridian Hldg(MRDN)$</a></p>\n<p>This segment focuses on building online casino games.</p>\n<p>In Q2 2026, Expanse continued to grow its global presence.</p>\n<p class=\"t-img-caption\"><img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/a4868c2eca1f7c4c45a5dc77a5f26121\" tg-width=\"1379\" tg-height=\"670\"><span> </span></p>\n<p>Its games are now available on 1,881 different operator sites, which is 362 more than at the end of last quarter.</p>\n<p>The studio launched 18 new proprietary games this quarter, bringing its total collection of titles to 95.</p>\n<p>Additionally:</p>\n<p><strong>- The number of players grew by 67%</strong></p>\n<p><strong>- Revenue grew by 138%</strong></p>\n<p><strong>- Pay-ins grew by 143%</strong></p>\n<p><strong>- Gross gaming revenues grew by 90%</strong></p>\n<p>It is clear that this segment is delivering explosive growth.</p>\n<p>Furthermore, one of the most important moves this quarter was a new partnership with Bragg, a leading distributor in North America, and a deal with Flutter’s Serbian subsidiary Max Bet. This deal allows Expanse’s games to be offered to millions of new players in the Americas, where online gaming is just starting to take off, and in Serbia.</p>\n<p>To sell games in new regions, a studio must have its software tested and certified by the local government.</p>\n<p>Expanse has been very successful in getting these stamps of approval.</p>\n<p>During Q2, the studio secured new certifications in:</p>\n<p><strong>- Latvia</strong></p>\n<p><strong>- Colombia</strong></p>\n<p><strong>- Portugal</strong></p>\n<p><strong>- Slovenia</strong></p>\n<p>Furthermore, it is also waiting for certification in Ontario, Canada, and New Jersey, US, which are some of the biggest gaming markets in the world.</p>\n<p>This business is very scalable, as by obtaining these certificates, Expanse can grow its revenue with limited capital investment.</p>\n<p>Once scaled, the studio could become a potentially high-margin part of the business.</p></body></html>","text":"Expanse Studios is the creative core of $Meridian Hldg(MRDN)$ This segment focuses on building online casino games. In Q2 2026, Expanse continued to grow its global presence. Its games are now available on 1,881 different operator sites, which is 362 more than at the end of last quarter. The studio launched 18 new proprietary games this quarter, bringing its total collection of titles to 95. Additionally: - The number of players grew by 67% - Revenue grew by 138% - Pay-ins grew by 143% - Gross gaming revenues grew by 90% It is clear that this segment is delivering explosive growth. Furthermore, one of the most important moves this quarter was a new partnership with Bragg, a leading distributor in North America, and a deal with Flutter’s Serbian subsidiary Max Bet. This deal allows Expanse’s games to be offered to millions of new players in the Americas, where online gaming is just starting to take off, and in Serbia. To sell games in new regions, a studio must have its software tested and certified by the local government. Expanse has been very successful in getting these stamps of approval. During Q2, the studio secured new certifications in: - Latvia - Colombia - Portugal - Slovenia Furthermore, it is also waiting for certification in Ontario, Canada, and New Jersey, US, which are some of the biggest gaming markets in the world. This business is very scalable, as by obtaining these certificates, Expanse can grow its revenue with limited capital investment. 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