secwatch.observer — SEC 8-K summary
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Issuer:     WYNN RESORTS LTD (WYNN)
CIK:        0001174922
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001174922-22-000162
Event type: regulatory
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wynn Resorts subsidiary WRM awarded 10-year Macau gaming concession starting Jan 1, 2023
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- WRM granted 10-year concession to operate Wynn Palace and Wynn Macau casinos through Dec 31, 2032.
- Annual fixed gaming premium of MOP30M (~$3.7M) plus variable per-table/machine fees; special gaming tax of 35% of GGR.
- Committed investment of MOP17.73B (~$2.2B) over 10 years, with MOP16.5B for non-gaming projects.
- Approved maximum of 570 gaming tables and 1,100 gaming machines.
- WRM will not renew sub-concession to Melco Resorts Macau after Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174922/000117492222000162/0001174922-22-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174922/000117492222000162/wynn-20221216.htm
  HTML page:      https://secwatch.observer/filing/0001174922-22-000162

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