Securities and Exchange Commission
                             Washington, D.C.  20549



                                    FORM 8-K/A




                Current Report Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934





        Date of Report (Date of Earliest Event Reported): October 17, 2002




                        Commission File Number:   0-30018



                             MERIDIAN HOLDINGS, INC.
             (Exact name of registrants specified in its charter)




               COLORADO                                 52-2133742

      (State or other jurisdiction of                (I.R.S. Employer
       incorporation or organization)                Identification No.)


                         900 Wilshire Avenue, Suite 500
                          Los Angeles, California 90017
                       (213) 627-8878 Fax: (213) 627-9183



    (Address, Including Zip Code, And Telephone Number, Including Area Code,
                  Of Registrant's Principal Executive Offices)






































                                        1


ITEM  1.  Changes  in  Control  of  Registrant                  Not  Applicable

ITEM  2.  Acquisition  or  Disposition  of  Assets              Not  Applicable

ITEM  3.  Bankruptcy  or  Receivership                          Not  Applicable

ITEM  4.  Changes  in  Registrant's  Certifying  Accountant     Not  Applicable


ITEM  5.  Other  Materially  Important  Events

          Effective  October  17,  2002,  Meridian Holdings, Inc.,
          InterCare.com, Inc., and Silicon Valley Bank reached a settlement
          agreement  of  the  entire  action,  including  the  registrant's
          cross  complaint,  entitled  Silicon Valley Bank Corporation .v.
                                       --------------------------------
          Meridian  Holdings,  Inc.,  a  Colorado  Corporation,
          InterCare.com, Inc., a Nevada Corporation, Los Angeles
          California, Superior Court Case number BC 259513.

          The  salient  terms  of  the  settlement  include  mutual  general
          releases with prejudice by all parties.

          The lawsuit,  as  well  as  the cross-complaint, resulted from the
          earlier acquisition of the asset of Sirius Computerized Technology
          of Israel, for which  Silicon Valley Bank  claimed that said asset
          was  pledged  as  collateral  by  Sirius  et al  for a loan in the
          amount  of  $450,000. The  registrant  had  earlier  abandoned the
          proposed  asset purchase, and filed a lawsuit against Sirius et al
          as  described  in the registrant's Quarterly report on form 10-QSB
          for the quarter ended June 30, 2002

ITEM  6.  Resignation  of  Registrant's  Directors        Not  applicable

ITEM  7.    FINANCIAL  STATEMENTS  AND  EXHIBITS

     (a)    FINANCIAL  STATEMENTS  OF  BUSINESSES  ACQUIRED.
            (None)

     (b)    EXHIBITS.

EXHIBIT  ITEM.     DESCRIPTION
------------     -------------

Exhibit  99.1  -   Notice of Settlement

Exhibit  99.2  -   Form of Press Release



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the  Registrant  has  duly  caused this report to be signed on its behalf by the
undersigned  hereunto  duly  authorized.

                                     Meridian  Holdings,  Inc.
                                           (Registrant)



Date:  October 21, 2002              By:/s/  Anthony  C.  Dike
                                      -------------------------
                                          Anthony  C.  Dike
                                 (Chairman, Chief Executive Officer)



















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EXHIBIT 99.1


                            Notice of Settlement

BUCHALTER, NEMER, FIELDS & YOUNGER
A  Professional Corporation
Jeffrey S. Wruble (#094734)
Marlene Camacho Nowlin (#156457)
Kirsten A. Ehrig (#203007)
601 South Figueroa Street, Suite 2400
Los Angeles, California 90017
Telephone: (213) 891-0700 Facsimile: (213) 896-0400

Attorneys for Plaintiff
SILICON VALLEY BANK



          SUPERIOR COURT OF THE STATE OF CALIFORNIA
           COUNTY OF LOS ANGELES, CENTRAL DISTRICT


SILICON VALLEY BANK,  a California  )  CASE NO BC 259513
Corporation                         )
            Plaintiff               )
                                    )  NOTICE OF SETTLEMENT
v                                   )
                                    )
MERIDIAN HOLDINGS, INC, a Colorado  )  Trial Date: October 21, 2002
Corporation, INTERCARE.COM, INC., a )  Time:       9:30 a.m.
California corporation, and DOES 1  )  Place:      Dept. 38
Through 80, inclusive,              )
                                    )
            Defendants              )
                                    ) [Assigned for all purposes to  the
                                    )  Honorable Marvin Lager]
____________________________________)

TO THE HONORABLE JUDGE OF THE ABOVE ENTITLED COURT:

        PLEASE TAKE NOTICE that  the  parties  to this  action,  plaintiffs

Silicon Valley Bank ("Plaintiffs"), and  Defendants  Meridian Holdings, Inc.

and Defendant Intercare.com, Inc., ("Defendants"), have reached a settlement

agreement, which will dispose of this case in its entirety.

The salient  terms  of  the  agreement include  mutual general releases with

prejudice  by both parties of  each other.  Settlement  documents  have been

prepared  and  are  currently being reviewed by counsel.  As  a result, the

parties  herein  respectfully request that this  case be  taken off-calendar

pending execution of the settlement and dismissal of this case.

DATED: October 17 2002         BUCHALTER, NEMER, FIELDS & YOUNGER
                                    A Professional Corporation


                                    By: /s/ Kirsten A. Ehrig
                                   ------------------------
                               Attorneys for Plaintiff SILICON VALLEY
                               BANK.





















EXHIBIT 99.2

Form of Press Release

FOR IMMEDIATE RELEASE October 21, 2002 6am EST

"Meridian Holdings And Silicon Valley Bank Agree to Settle Their Lawsuits"

Los Angeles, Oct 21 /PRNewswire-Firstcall/-- Dr. Anthony C. Dike, Chairman
and Chief  Executive  officer  of  Meridian Holdings, Inc. (OTC BB: MEHO),
today announced  that effective October 17 2002,  Meridian Holdings, Inc.,
InterCare.com,  Inc.,  and  Silicon  Valley  Bank  reached  a   settlement
agreement   of   the  entire  action,  including  the  registrant's  cross
complaint, entitled Silicon Valley Bank Corporation .v. Meridian Holdings,
Inc.,  a  Colorado Corporation, InterCare.com, Inc., a Nevada Corporation,
Los  Angeles California, Superior Court Case number BC 259513.

The  salient  terms  of  the settlement  include  mutual  general releases
with prejudice by all parties.

The lawsuit,  as  well as  the cross-complaint,  resulted from the earlier
acquisition of the asset of Sirius Computerized  Technology of Israel, for
which  Silicon  Valley  Bank  claimed  that  said  asset  was  pledged  as
collateral  by  Sirius  et al  for a loan in the amount  of  $450,000. The
company  had  earlier  abandoned the  proposed  asset  purchase, and filed
a lawsuit against  Sirius  et al  as described in the  company's Quarterly
report on form 10-QSB for the quarter ended June 30,  2002, filed with the
SEC and accessible at www.sec.gov

"The company is pleased to announce today the  complete  settlement of the
litigation  with  Silicon  Valley  Bank and the  pending  dismissal of the
lawsuit. The  settlement  confirms  our long-held belief  that the company
had no obligation to the bank  resulting from  Sirius  transaction",  said
Dike.

About Meridian Holdings, Inc.

Meridian Holdings, Inc., is  a Healthcare Services and Technology Company.
Meridian's  network  of  affiliated  companies  is  designed  to encourage
maximum   leverage  of  information  technology,  operational  excellence,
industry expertise,  and synergistic  business  opportunities. Meridian is
committed  to build  shareholder value by positioning affiliated companies
as independent  business  entities  in  which Meridian  shareholders enjoy
equity  participation. For  more  information please  visit our website at
at www.meho.com

NOTE: Statements in this news release that  are not  purely historical are
forward-looking  statements  within  the   meaning  of Section 27A of the
Securities Act of 1933  and Section 21E of  the Securities Exchange Act of
1934  and  are made  pursuant to the safe harbor provisions of the Private
Securities  Litigation  Reform  Act  of  1995 and  any  amendments thereto
Material  that  is  forward-looking may  contain statements about expected
future  events  and/or  financial  results  that  are  forward-looking  in
nature. Editors  and  investors  are  cautioned that such  forward-looking
statements  invoke  risk  and  uncertainties that may cause  the company's
results  to  differ  from such forward-looking statements. These  include,
but   are   not   limited   to,   economic,   competitive,   governmental,
technological and other factors discussed  in the statements and/or in the
company's  filings with the Securities and Exchange Commission.

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