My personal preference would be for the Malaysia.
Obviously, neither of the two are what you would exactly call a "nice" hotel. But the Malaysia has a funky sleaze factor that makes it more "fun", I think, than the Pinnacle, which is just a tired old two-star hotel.
PS: neither of them is a "gay" hotel, but they both have lots of gay guests. Not quite sure I'd say the "majority", but lots.
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