Saturday, February 8, 2025
HomeNewsMacauWynn Macau's 2025 IP payments to parent capped at $150M

Wynn Macau’s 2025 IP payments to parent capped at $150M

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.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

MORE ARTICLES

FOLLOW AGB

daily newsletter