Macau casino operator Wynn Macau and its gaming license-holding entity Wynn Resorts (Macau) SA will pay a maximum of HK$1.17 billion ($150 million) in 2025 for the right to use “Wynn”-related trademarks, copyrights, and service marks controlled by a subsidiary of its parent company, US-based Wynn Resorts Ltd.
According to intellectual property (IP) license agreements established in 2009, the fee that the Macau operation must pay to Wynn Resorts Holdings LLC will be either the greater of 3 percent of the Macau business’s gross monthly intellectual property revenues or US$1.5 million per month.
The annual fee cap for 2025 was disclosed in a recent filing with the Hong Kong Stock Exchange.
For 2024, IP payments are capped at HK$1.09 billion ($140 million). In 2021 and 2022, the actual amounts paid by Wynn Macau and its units under the intellectual property arrangements were $49.6 million and $25.2 million, respectively.
