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.
SkyCity Rejects Two Takeover Bids Worth Up to NZ$827 Million
SkyCity rejected two May 2026 takeover bids worth up to NZ$827M, calling the offers undervalued and their conditions problematic. Oaktree Capital offered NZ$0.70 per share.
Paul Gauselmann Dies at 91: Merkur Group Founder Remembered
Paul Gauselmann, founder of Merkur Group, died on August 21, 2026, at 91. He built a €2.1 billion gaming empire from 17 jukeboxes over 67 years.
UAE Lottery Third AED 5M Winner Lucky Day 2026
The UAE Lottery produced its third AED 5 million winner, with total payouts reaching AED 65 million in three months including two AED 30M grand prizes. Lucky Day has awarded over AED 280 million since launch.
Moody’s LVS Credit Rating Stable Marina Bay Sands
Moody's affirmed LVS's Baa3 investment-grade rating with stable outlook, citing $3.38B cash and Marina Bay Sands' 50% EBITDA margin. The agency expects debt to stay near 3x EBITDA during expansion.
