LAS VEGAS, June  02, 2026  (GLOBE NEWSWIRE) -- Meridian Holdings Inc. (NASDAQ:MRDN) (&#34;Meridian&#34; or the &#34;Company&#34;), a global operator and technology provider in online sports betting and iGaming markets, today announced

FLUT

Meridian Holdings Subsidiary Expanse Studios Signs Content Distribution Agreement with Flutter Subsidiary MaxBet for Serbian Market

Meridian Expanse Expands Serbia iGaming Reach Through MaxBet Flutter Tie-Up

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>LAS VEGAS, June  02, 2026  (GLOBE NEWSWIRE) -- Meridian Holdings Inc. (NASDAQ:MRDN) (&amp;#34;Meridian&amp;#34; or the &amp;#34;Company&amp;#34;), a global operator and technology provider in online sports betting and iGaming markets, today announced</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Meridian Holdings said Expanse Studios signed a strategic distribution agreement with MaxBet in Serbia, with the arrangement already live. The partnership leverages Flutter Entertainment’s network to bring Expanse titles to a regulated market projected to reach 186 million in online gambling revenue by 2029, potentially boosting near term revenue for Meridian and its Flutter affiliated ecosystem.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Meridian Holdings Expanse Studios signs distribution with MaxBet in Serbia; titles live.</li><li>MaxBet is a Flutter subsidiary; expands Flutter&#039;s international iGaming footprint.</li><li>Serbia online gambling revenue projected to reach $186M by 2029.</li><li>Expanse has 70+ proprietary titles and 1,500+ B2B operator partners.</li><li>Deal already in effect; near-term revenue opportunities for Meridian and Flutter.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Meridian Holdings Inc. (MRDN)</strong>: Announced Expanse Studios distribution agreement with MaxBet in Serbia; potential near-term revenue impact for Meridian&#039;s B2B business.</li><li><strong>Flutter Entertainment plc (FLUT)</strong>: MaxBet is a Flutter subsidiary; deal highlights Flutter connected iGaming distribution potential.</li><li><strong>MaxBet (N/A)</strong>: Leading Southeast Europe omni-channel operator; distribution partner in Serbia via Flutter structure.</li><li><strong>Expanse Studios (N/A)</strong>: Meridian&#039;s B2B iGaming content provider; 70+ titles; 1,500+ operator partnerships; beneficiary of cross-border deal.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Corporate Developments; aligns with Flutter ecosystem expansion and Meridian B2B growth through cross-border distribution in regulated markets.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Expanse-MaxBet distribution goes live in Serbia, signaling near-term revenue potential.</li><li>Serbia online gambling revenue projected to 186 million by 2029 supports upside case.</li><li>Flutter&#039;s international iGaming footprint gains exposure through MaxBet collaboration.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date: June 2, 2026, Meridian press release via Globe Newswire.</li><li>Expanse Studios portfolio: over 70 proprietary titles.</li><li>Expanse powers 1,500+ B2B operator partnerships globally.</li><li>MaxBet operates over 450 retail locations; online market share 15-20%.</li><li>Serbia online gambling revenue projected to reach $186 million by 2029 (Statista).</li><li>MaxBet is part of Flutter Entertainment (NYSE: FLUT, LSE: FLTR).</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>FLUT could see modest upside from expanded distribution via MaxBet; catalysts emerge over weeks to months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">LAS VEGAS, June  02, 2026  (GLOBE NEWSWIRE) -- <strong>Meridian Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MRDN">MRDN</a>)</strong> ("Meridian" or the "Company"), a global operator and technology provider in online sports betting and iGaming markets, today announced that the Company's subsidiary, Expanse Studios, a leading B2B iGaming content provider, has signed a strategic distribution agreement with MaxBet, one of Serbia's leading omni-channel gaming operators and a subsidiary of Flutter Entertainment plc (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/FLUT">FLUT</a>, LSE: FLTR)). The agreement will enable Expanse to further expand the reach of its proprietary gaming portfolio across the Serbian market</p>  <p align="justify">By integrating with MaxBet's established infrastructure, Expanse Studios gains expanded distribution through one of the region's dominant operators. The partnership is already in full effect, with Expanse Studios' suite of titles currently live and accessible to players.</p>  <p align="justify">"This agreement offers Expanse and Meridian direct access to Flutter's increased global scale and capitalizes on the rising demand for our localized, high-performing content," said Damjan Stamenkovic, CEO of Expanse Studios. "With this collaboration, our focus remains on driving B2B growth through quality distribution and scalable partnerships with market-leading operators in regulated territories."</p>  <p align="justify">According to Statista, Serbia's online gambling revenue is projected to grow to $186 million by 2029. MaxBet maintains an estimated 15%-20% online market share in the country, making the firm a strong parter for potential increased revenue generation in one of Southeast Europe's most dynamic regulated markets.</p>  <p align="justify">With more than 1,500 B2B operator partnerships globally and a portfolio of over 70 proprietary titles, Expanse continues building distribution infrastructure in regulated markets where licensed operators require certified, compliant gaming content from established providers.</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=M5eaJY4eTp4bSgRSB7eFR-Z9fJ2mZwUaL1Jr3JXeUdTGMz_jCz6mZLo8D1rezKRmTg03Cc-Vjls3PUM8E4LPC5AdwtS6iSa9PCPm-c0SyBF5U2UEqJSiSd2QLeU2u1q-" rel="nofollow" target="_blank">www.meridian-holdings.com</a>.</p>  <p align="justify"><strong>About Expanse Studios</strong></p>  <p align="justify">Expanse Studios, part of 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 70 proprietary titles, Expanse powers over 1,500 casino brands across Europe, LATAM, and North America. Learn more at expanse.studio.</p>  <p align="justify"><strong>About MaxBet</strong></p>  <p align="justify">MaxBet is one of leading sports betting and igaming operators in Southeast Europe. The company operates over 450 retail gaming locations alongside digital platforms. MaxBet is part of Flutter Entertainment's International division (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/FLUT">FLUT</a>, LSE: FLTR)) and employs over 3,000 professionals across its operations.  </p>  <p align="justify"><strong>Forward Looking Statements</strong></p>  <p align="justify">This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release are forward-looking statements. Forward-looking statements can be identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "target," "future," "seek," "will," "should," and similar expressions. These forward-looking statements include, but are not limited to, statements regarding the expected benefits and revenue generation opportunities from the strategic distribution agreement with MaxBet, the market share and positioning of MaxBet, the integration and performance of Expanse Studios' gaming portfolio, the projected growth of the Serbian online gambling market, and the Company's global B2B expansion strategy.</p>  <p align="justify">Forward-looking statements are based on management's current expectations and are subject to inherent risks, uncertainties, and assumptions that are difficult to predict; therefore, actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially include, among others: the Company's ability to successfully maintain and leverage its partnership with MaxBet; technological, regulatory, or operational challenges in the deployment of its gaming portfolio; changes in the competitive landscape or consumer preferences within the Serbian and broader Southeast European iGaming markets; general economic and market conditions; and other risks and uncertainties described in the Company's latest Annual Report on Form 10-K and subsequent filings with the U.S. Securities and Exchange Commission (the "SEC").</p>  <p align="justify">Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by federal securities laws.</p>  <p align="justify">Contact: <a href="https://www.globenewswire.com/Tracker?data=ottU38IlCKfSOtYnuPMQViSvRxHHzss3BOr9zOt_JFQEHlWx9yK6GKs50AmAFAdu0uQz-pYOAuEsKi-JLwdpsZ6GIg3EW5Xl74RI9c3BCT0=" 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=o2i0sj-uuyeoYw1h8uUD1jwFsuWR8pUIgg0SfCxll6mW5djbvrkaVul-FonDZ3dCy1FpAomgl3Dt0nbjphbCNIEn8SjIJzhBi7zt-1qDRSH9WCE-T97p6deu_QOndxIr_u0BGhHjnSoOQOWIX-GxH1rdtWQVf1Npu2lnekZwbUAMaRWbDogROEmoY7PXykrWlpVY8eyIQJ1gSrqNWAP-Ga-t_Uj6slkLke5BIy2vKS88WCSCYYTJHI0Z6nE_PAv7Ndm_IJGNqaqLSNind9_9IA==" rel="nofollow" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/c7eaad01-0216-4704-a215-b78086cd54b4</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=MTAwMTE4NTM1NSM0MDI0MDIxODMjMjI0NDI3OA=="></img> <br></br><img alt="" src="https://ml-eu.globenewswire.com/media/YWM3ZjU4NzMtMmU1NC00YjFkLWIxOWYtYzhkOTcxMTE4MTlkLTEyNTU4MzEtMjAyNi0wNi0wMi1lbg==/tiny/Meridian-Holdings-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/c5b37c2c-b010-491a-98b5-fb741a519664"><img src="https://ml-eu.globenewswire.com/media/c5b37c2c-b010-491a-98b5-fb741a519664/small/640x419-black-3-jpg.jpg" border="0" width="150" height="98" alt="Primary Logo"></img></a></p>

Meridian Holdings said Expanse Studios signed a strategic distribution agreement with MaxBet in Serbia, with the arrangement already live. The partnership leverages Flutter Entertainment’s network to bring Expanse titles to a regulated market projected to reach 186 million in online gambling revenue by 2029, potentially boosting near term revenue for Meridian and its Flutter affiliated ecosystem.

Meridian Holdings Subsidiary Expanse Studios Signs Content Distribution Agreement with Flutter Subsidiary MaxBet for Serbian Market

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