LAS VEGAS, May  25, 2026  (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Meridian Holdings Inc. (NASDAQ:MRDN), today announced regulatory certification enabling commercial deployment across Colombia&#39;s online

MRDN

Expanse Studios Secures Colombia Market Certification

Expanse Studios expands Colombia regulatory access, signaling Latin American growth for MRDN

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>LAS VEGAS, May  25, 2026  (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Meridian Holdings Inc. (NASDAQ:MRDN), today announced regulatory certification enabling commercial deployment across Colombia&amp;#39;s online</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Expanse Studios, a Meridian Holdings unit, secured regulatory certification from Colombia&#039;s Coljuegos oversight through Gaming Associates, enabling deployment of three titles on licensed platforms. Colombia&#039;s mature regulated market generated $1.29B in 2024 and is projected to reach $2.03B by 2029; certification supports MRDN&#039;s expansion across LATAM and Europe, strengthening B2B distribution and potential revenue.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Expanse Studios earns Colombia online gaming deployment certification.</li><li>Gaming Associates certifies Gates of Olympia, Candy&#039;s Bonanza, Leprechaun&#039;s Wish.</li><li>Colombia is LATAM&#039;s first comprehensively regulated online gambling market.</li><li>2024 online gambling revenue was $1.29B; 2029 forecast $2.03B.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Meridian Holdings Inc. (MRDN)</strong>: Parent company; Colombia milestone could lift MRDN valuation via Expanse expansion.</li><li><strong>Expanse Studios (EXPANSE)</strong>: Growth engine; Colombia certification supports cross-border deployment.</li><li><strong>Gaming Associates (N/A)</strong>: Certifying body; enables market access in Colombia.</li><li><strong>Gates of Olympia (N/A)</strong>: Title certified for Colombian deployment.</li><li><strong>Candy&#039;s Bonanza (N/A)</strong>: Title certified for Colombian deployment.</li><li><strong>Leprechaun&#039;s Wish (N/A)</strong>: Title certified for Colombian deployment.</li></ul>
  </section>

  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News; regulatory milestone underscores MRDN&#039;s expansion strategy via Expanse into regulated LATAM markets, potentially expanding addressable revenue and partnerships.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Colombia&#039;s online market generated $1.29B in 2024.</li><li>Forecast to reach $2.03B by 2029.</li><li>Certification enables deployment on Coljuegos-regulated platforms.</li><li>Expansion across Europe and LATAM supports MRDN&#039;s revenue mix.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Colombia online market framework established in 2016.</li><li>Gaming Associates accreditation number 9263.</li><li>Certification covers Gates of Olympia, Candy&#039;s Bonanza, Leprechaun&#039;s Wish.</li><li>Expanse has 60+ proprietary titles and 1,300 B2B operator partnerships.</li><li>Meridian Holdings MRDN is NASDAQ-listed.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Longer-term upside for MRDN as LATAM expansion accelerates; catalyst is regulatory certification in Colombia.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">LAS VEGAS, May  25, 2026  (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Meridian Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MRDN">MRDN</a>), today announced regulatory certification enabling commercial deployment across Colombia&#39;s online gambling market.</p>  <p align="justify">Gaming Associates, a UKAS-accredited testing laboratory (accreditation number 9263), certified Gates of Olympia, Candy&#39;s Bonanza, and Leprechaun&#39;s Wish as compliant with technical standards established by Colombian regulatory authorities. This certification authorizes deployment on licensed gaming platforms operating under Coljuegos oversight.</p>  <p align="justify">Colombia represents Latin America&#39;s first comprehensively regulated online gambling market, operating under framework legislation established in 2016. According to iGamingToday, Colombia&#39;s online gambling market generated $1.29 billion in revenue during 2024, growing at 9.53% CAGR with projections reaching $2.03 billion by 2029. Online casino games and sports betting account for the majority of market activity, with 82% of Colombians participating in games of chance according to industry research.</p>  <p align="justify">The market operates under strict regulatory oversight by Coljuegos, Colombia&#39;s gaming authority, requiring comprehensive licensing and technical certification for content providers seeking market access. Colombia&#39;s structured regulatory framework and established licensing infrastructure position the market as strategically valuable for B2B content providers targeting Latin American expansion.</p>  <p align="justify">&#34;Colombia is one of the most mature regulated markets in Latin America,&#34; said Damjan Stamenkovic, CEO of Expanse Studios. &#34;Certification here establishes the regulatory foundation we need to scale across the region. The market&#39;s proven that regulated frameworks can work in LatAm—very high player participation shows demand exists when operators can operate legally. That&#39;s the model we&#39;re building toward in other territories.&#34;</p>  <p align="justify">The Colombia certification follows Expanse Studios&#39; recent regulatory approvals in Estonia, Latvia, and Portugal, continuing the studio&#39;s expansion across regulated markets in Europe and Latin America. With over 1,300 B2B operator partnerships globally and a portfolio of 70+ proprietary titles, Expanse continues building distribution infrastructure in jurisdictions where regulatory compliance creates competitive differentiation.</p>  <p align="justify"><strong>About Expanse Studios</strong></p>  <p align="justify">Expanse Studios, part of the Meridian Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MRDN">MRDN</a>), is a B2B iGaming content provider specializing in slots, crash games, turn-based strategies, and card games. With a growing portfolio of over 60 proprietary titles, Expanse powers over 1,300 casino brands across Europe, LATAM, and North America. Learn more at expanse.studio.</p>  <p align="justify"><strong>About Meridian Holdings</strong></p>  <p align="justify">Meridian Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MRDN">MRDN</a>), based in Las Vegas, is a gaming technology company operating globally through B2B divisions (GMAG, Expanse Studios) that develop and license proprietary platforms, and B2C operations including RKings (UK competitions), Mexplay (Mexico online casino), Classics (Australian – based subscription and loyalty business) and Meridianbet—a leading sportsbook licensed in 18 jurisdictions across Europe, Africa, and South America. Learn more at <a href="https://www.globenewswire.com/Tracker?data=Otd4ImKnq_QtBTPJolXxBsWOhLuCtMzfpnaJoGb8bop_D-Pzsd0dZPyI3ohZmU2jA8RGSemRyy_UeYF6t7Bj9D-ieUs1h-Zg3aKsSAs7OPeqwHgR35gSEFG32pQLoPZW" rel="nofollow" target="_blank">www.meridian-holdings.com</a></p>  <p align="justify">Contact: <a href="https://www.globenewswire.com/Tracker?data=_F7L-QQ1bFFRw1cj5w0cDagqD-XIIBc8Y5PjaOZ3EotqW2hRGVJvzmg7TYztcivusZnPcrHWGC3_w2dbgNJqNlomKlKXC7Mr6sFth58hveY=" rel="nofollow" target="_blank">ir@meridianbet.com</a> </p>  <p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=fnJ51LzE0WW9Fw56_XlIYY11LI4h7N_wvsDG8WcoYBfG6Nr4y8iq_1ofZ2C18z7n7ZgwaEE5yI-W7iOJDzJsoq_rRM1x5t64blLreiXesYhNrV0x8m0WEZzlROLlf0yMc-K1xs7Vjgr388kL9tfYrdlCs5RIkNOHVvSQ1lTDja9_0eZGr7_xgrIC_v6d4yFsKYeliE39oe1-NdwZ-drVEHL_1tMHNTF4RVhouN4XESthn_4afaH8GlWe9UzpnB6I8YHBTa6wgCa7riZEY6jkdg==" rel="nofollow" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/26782a2e-6e28-4ddd-88ce-112559480837</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=MTAwMTE4Mzc5OCM0MDIzOTc3ODUjNzAwMDEyNTEz"></img> <br></br><img alt="" src="https://ml-eu.globenewswire.com/media/NDdlNTEwNTctNmU3Ni00NjBmLThiNWItMWJlZDhjMWM2ZDhmLTcwMDAxMjUxMy0yMDI2LTA1LTI1LWVu/tiny/Expanse-Studios.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/01b90fac-628e-48fa-bd4c-41e162a64517"><img src="https://ml-eu.globenewswire.com/media/01b90fac-628e-48fa-bd4c-41e162a64517/small/expanse-logo-02-jpg.jpg" border="0" width="150" height="98" alt="Primary Logo"></img></a></p>

Expanse Studios, a Meridian Holdings unit, secured regulatory certification from Colombia's Coljuegos oversight through Gaming Associates, enabling deployment of three titles on licensed platforms. Colombia's mature regulated market generated $1.29B in 2024 and is projected to reach $2.03B by 2029; certification supports MRDN's expansion across LATAM and Europe, strengthening B2B distribution and potential revenue.

Expanse Studios Secures Colombia Market Certification

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Industry News

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