{"id":33452,"date":"2022-09-13T04:56:42","date_gmt":"2022-09-13T07:56:42","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=33452"},"modified":"2026-04-23T04:57:29","modified_gmt":"2026-04-23T07:57:29","slug":"wynn-macau-submits-bid-for-macau-gaming-concession","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-submits-bid-for-macau-gaming-concession","title":{"rendered":"Wynn Macau submits bid for Macau gaming concession"},"content":{"rendered":"\n<p>The casino operator submitted its bid today (September 13).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- <strong>Wynn Macau <\/strong>has announced through a company filing that it has submitted a bid to the government of Macau as part of the retender process for new 10-year gaming concessions from January 1. <\/p>\n\n\n\n<p>Macau&#8217;s six current gaming concessions and their related subconcessions expire at the end of this year.  The deadline for the <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-publishes-framework-for-gaming-concession-retender-process\" target=\"_blank\">public retender<\/a>\u00a0is tomorrow (September 14) at 5.45pm Macau Time. Companies must submit eligibility documents and\u00a0make a minimum deposit of MOP10m (US$1.2m).<\/p>\n\n\n\n<p>Wynn Macau said it will make further announcements as and when appropriate in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.<\/p>\n\n\n\n<p>Wilfred Wong Ying Wai,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/sands-china-president-confident-about-new-gaming-licence-in-macau\" target=\"_blank\">Sands China Ltd\u2019s president<\/a>, has recently said he is very confident about winning a concession for the next ten years.\u00a0Despite noting that \u201ca lot really depends on the competition and government decision\u201d, Wong said Sands China looks forward to continuing to contribute to the city\u2019s development in the years to come.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The casino operator submitted its bid today (September 13).<\/p>\n","protected":false},"author":176,"featured_media":26502,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Wynn Macau has formally submitted its bid for a new 10-year gaming concession in Macau, ahead of the September 14 deadline. This move is part of the retender process for all six current concessions, which are set to expire at the end of the year. Sands China Ltd.'s president, Wilfred Wong Ying Wai, also expressed confidence in securing a new concession.","focusai_entities":"Wynn Macau, Sands China Ltd., Wilfred Wong Ying Wai, The Stock Exchange of Hong Kong Limited","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.9), operator_casino (0.95), investor_analyst (0.97), supplier_vendor (0.75), journalist_researcher (0.92)","focusai_suggestions":[{"label":"Macau Concession Bid Impact?","query":"What are the specific financial and operational implications for Wynn Macau and Sands China Ltd. if their concession bids are unsuccessful, considering their current market capitalization and operational footprint in Macau?"},{"label":"New Concession Terms?","query":"Beyond the MOP10m deposit, what are the anticipated new regulatory requirements or investment commitments expected from the Macau government for the next 10-year gaming concessions?"}],"footnotes":""},"categories":[157,16338],"tags":[20777],"class_list":["post-33452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-wynn-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=33452"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33452\/revisions"}],"predecessor-version":[{"id":33464,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33452\/revisions\/33464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26502"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=33452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=33452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=33452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}