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Malaysia Denies New Gambling Permits Since 1990s, Court Backs Federal Control
Malaysia's finance ministry denies issuing new gambling licences since the 1990s, as the Federal Court rules Kedah cannot ban existing pool betting and lottery operations.
SJM Q2 EBITDA Growth Was Hold Illusion, CBRE Says
CBRE says SJM Holdings' Q2 2026 EBITDA growth was entirely due to an easy VIP hold comparison. Normalised for hold, EBITDA would have fallen 2.1%.
Moody’s Sees Melco Resorts Revenue at $5.4B, EBITDA $1.3B
Moody's forecasts Melco Resorts revenue will rise 4.5% to $5.4 billion in 2026, with adjusted EBITDA reaching $1.3 billion and debt-to-EBITDA falling to 5.5 times.
Megaworld Targets 12,000 Hotel Rooms by 2032, Casino Linked
Megaworld Corp plans to nearly double its hotel portfolio to 12,000 rooms by 2032, anchored by the 1,530-room Mövenpick Manila Bay Westside connected to the Westside Resort casino complex.
Wakayama Governor Backs Private-Sector Casino Resort Push
Wakayama's governor says the prefecture will support a private-sector IR push after Kasumigaseki Capital acquired the original IR site, Wakayama Marina City.
