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The latest announcement is out from Wynn Macau ( (HK:1128) ).
Wynn Macau has entered into new perpetual intellectual property licence agreements with Wynn NKH, LLC, a wholly owned subsidiary of controlling shareholder Wynn Resorts, replacing earlier agreements from 2009 and setting the framework under which the group can continue using Wynn-related trademarks and other intellectual property. Under these agreements, the group will pay the higher of 3% of its intellectual property gross monthly revenues or a minimum of US$1.5 million per month in licence fees, and has confirmed an annual cap of HK$1.1657 billion (about US$150 million) for such payments in 2026, ensuring regulatory compliance for these connected transactions and signalling ongoing dependence on the Wynn brand and gaming licences for its Macau operations.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
More about Wynn Macau
Wynn Macau is a Macau-based casino resort operator listed in Hong Kong, focusing on premium gaming and hospitality services in the Macau Special Administrative Region. The company operates under the Wynn brand and relies on intellectual property licensed from its U.S.-based affiliate Wynn Resorts, reflecting a business model closely tied to brand-related IP and privileged gaming licenses.
Average Trading Volume: 8,938,132
Technical Sentiment Signal: Sell
Current Market Cap: HK$31.44B
For an in-depth examination of 1128 stock, go to TipRanks’ Overview page.