---
schema_version: "secwatch.filing_event.v1"
accession: "0001174922-22-000166"
form_type: "8-K"
ticker: "WYNN"
cik: "0001174922"
company_name: "WYNN RESORTS LTD"
filed_at: "2022-12-30T23:59:59+00:00"
generated_at: "2026-06-20T21:20:39.509535+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Wynn Resorts subsidiaries sign Macau property transfer agreements for continued casino operations

## Summary
- WRM and Palo revert casino areas and gaming equipment to Macau gov on Dec 31, 2022 without compensation, then immediately transferred back for use under new concession.
- Annual payment: MOP750/sqm (~$93) for first year (Mar 2023), rising to MOP2,500/sqm from year 4, adjusted annually by Macau price index.
- Agreements enable uninterrupted operation of Wynn Macau and Wynn Palace under gaming concession contract expiring with the concession term.

## SEC filing metadata
- accession: 0001174922-22-000166
- form_type: 8-K
- ticker: WYNN
- cik: 0001174922
- company_name: WYNN RESORTS LTD
- filed_at: 2022-12-30T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174922/000117492222000166/0001174922-22-000166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174922/000117492222000166/wynn-20221230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174922-22-000166
- JSON: https://secwatch.observer/filing/0001174922-22-000166.json
- Plain text: https://secwatch.observer/filing/0001174922-22-000166.txt

## Key facts
- Material Agreements
  WYNN RESORTS LTD entered into Property Transfer Agreements with Macau government valued at Annual amount based on MOP750 per square meter for first year (March 2023), MOP2,500 per square mete (effective 2022-12-30).
  - Action: entry
  - Counterparty: Macau government
  - Value: Annual amount based on MOP750 per square meter for first year (March 2023), MOP2,500 per square mete
  - Effective: 2022-12-30
  source text: On December 30, 2022 (Hong Kong time), Wynn Resorts (Macau) S.A ("WRM") and Palo Real Estate Company Limited ("Palo"), indirect subsidiaries of Wynn Resorts, Limited entered into the property transfer agreements (the "Property Transfer Agreements") with the government of the Macau Special Administrative Region of the People’s Republic of China ("Macau"), pursuant to which: (i) WRM and Palo will revert the casino areas (the “Casino Areas”) in Wynn Macau and Wynn Palace as designated by the Gaming Inspection and Coordination Bureau of Macau and the relevant gaming equipment to the Macau government without compensation and free of encumbrance on December 31, 2022 pursuant to the Macau Law No. 16/2001 (the “Macau Gaming Law"), as amended by Law No. 7/2022 and the gaming concession contract entered into between WRM and the Macau government on 24 June 2002; and (ii) upon the above reversion of the Casino Areas and the relevant gaming equipment to the Macau government, the Macau government ha
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174922/000117492222000166/0001174922-22-000166-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.