secwatch.observer — SEC 8-K summary
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Issuer:     WYNN RESORTS LTD (WYNN)
CIK:        0001174922
Form:       8-K
Filed at:   2022-12-30T23:59:59+00:00
Accession:  0001174922-22-000166
Event type: regulatory
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174922/000117492222000166/0001174922-22-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174922/000117492222000166/wynn-20221230.htm
  HTML page:      https://secwatch.observer/filing/0001174922-22-000166

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