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.
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 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.