{"id":777012163,"date":"2024-01-02T08:43:36","date_gmt":"2024-01-02T11:43:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012163"},"modified":"2026-04-22T14:24:39","modified_gmt":"2026-04-22T17:24:39","slug":"wynn-macau-to-pay-hus140m-for-trademark-use-in-2024","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-to-pay-hus140m-for-trademark-use-in-2024","title":{"rendered":"Wynn Macau to pay HUS$140m for trademark use in 2024"},"content":{"rendered":"\n<p>The annual rights fees have been renewed.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-\u00a0<strong>Wynn Macau<\/strong>\u00a0and its gaming licence entity,<strong>\u00a0Wynn Resorts (Macau)<\/strong>, are to pay US-based parent company, Wynn Resorts, just over HK$1.09bn (US$140.0m) in 2024 for the use of &#8220;Wynn&#8221; trademarks, copyrights and service marks.<\/p>\n\n\n\n<p>According to a company filing issued on December 29, 2023, as part of the intellectual property (IP) arrangements,\u00a0Wynn Macau must pay either 3 per cent of the Macau business&#8217;s intellectual property gross monthly revenues\u00a0or US$1.5m per month, depending on which sum is greater.\u00a0<\/p>\n\n\n\n<p>Additionally, it will pay up to US$14.9m in 2024 to Wynn International Marketing for marketing-related services, with annual caps for 2025 and 2026 set at US$17.9m and US$21.5m, respectively.\u00a0<\/p>\n\n\n\n<p>Wynn Macau, managing the Wynn Macau casino resort on the city&#8217;s peninsula and Wynn Palace on Cotai,\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-pays-us74-5m-for-the-right-to-use-wynn-trademark\" target=\"_blank\" rel=\"noreferrer noopener\">paid US$49.6m and US$25.2m in 2021 and 2022<\/a>, respectively. The cap for 2023 was set at US$115.1m.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The annual rights fees have been renewed.<\/p>\n","protected":false},"author":176,"featured_media":25750,"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 and its gaming licence entity, Wynn Resorts (Macau), have renewed their intellectual property (IP) and marketing service agreements with US-based parent company, Wynn Resorts. For 2024, Wynn Macau will pay approximately US$140.0m for IP rights, based on 3% of gross monthly IP revenues or a minimum of US$1.5m per month, alongside US$14.9m for marketing services.","focusai_entities":"Wynn Macau, Wynn Resorts (Macau), Wynn Resorts, Wynn International Marketing","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.9), operator_casino (0.9), marketing_crm (0.85), investor_analyst (0.98), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on NGR?","query":"How will the renewed IP and marketing fees, particularly the 3% of gross monthly IP revenues, impact Wynn Macau's Net Gaming Revenue (NGR) and overall EBITDA margins in the coming fiscal years?"},{"label":"Regulatory Scrutiny?","query":"What specific governance frameworks and regulatory compliance measures are in place to ensure these inter-company transactions meet fair market value and transparency requirements under Macau's gaming regulations?"}],"footnotes":""},"categories":[16338,163],"tags":[20777],"class_list":["post-777012163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-wynn-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012163","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=777012163"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012163\/revisions"}],"predecessor-version":[{"id":777012171,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012163\/revisions\/777012171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25750"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}