Meridian Holdings Restructures Leadership to Accelerate Global Expansion in Regulated Gaming Markets

Meridian Holdings Inc. (NASDAQ: MRDN), an international developer, licensor, and global operator of online gaming and e-commerce platforms, has announced a series of executive and Board appointments aimed at positioning the company for its next phase of disciplined execution and international growth. The changes follow a Board-led succession process and align operating leadership, financial stewardship, and independent oversight with the company's strategic objectives.

Zoran Milosevic, who has led Meridianbet for over 18 years, has been appointed Chief Executive Officer of Meridian Holdings. He will continue to serve as CEO of Meridianbet, the principal operating business and primary growth driver of the group. William Scott, who served as Interim CEO since late 2025, will transition to Chief Financial Officer while retaining his role as Chairman of the Board. Michael Prescott has been appointed as an Independent Director and will serve on the Audit Committee, bringing extensive experience in global gaming regulation and public company oversight.

The leadership restructuring comes as Meridian Holdings seeks to strengthen its operational and financial foundations. William Scott, in his comments, noted that over the past seven months the company has worked to reinforce the balance sheet. "This leadership structure change gives Zoran clear accountability for day-to-day execution while I focus on financial stewardship, capital allocation, and Board leadership," Scott said. "Michael's appointment adds valuable independent expertise and further strengthens our governance and audit oversight."

Zoran Milosevic emphasized his priority of building on the company's strong operating platform. "My priority is to build on that foundation, bring the same operating discipline that has driven Meridianbet's performance to the broader Company group, strengthen our position across regulated markets, and create long-term value for shareholders," Milosevic stated. The new structure is expected to enhance executive accountability and corporate governance as Meridian Holdings executes its long-term strategic objectives.

Meridian Holdings operates across more than 20 international regulated markets. Its B2C division is led by Meridianbet Group, a leading online sports betting and gaming operator founded in 2001 and licensed across Europe, Africa, and South America. The B2B division includes game developer Expanse Studios and iGaming platform GMAG, which develop and distribute proprietary gaming technology globally. Additional subsidiaries include RKings Competitions in the UK, MexPlay in Mexico, and Classics for a Cause in Australia.

The appointments follow the company's second-quarter 2026 results and reflect its continued focus on disciplined execution, governance, and sustainable long-term growth. The Board believes the new leadership structure positions Meridian Holdings to capitalize on growth opportunities in regulated markets while maintaining strong governance and oversight. For more information about Meridian Holdings and its operations, visit www.meridian-holdings.com.