• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Wynn submits bid for Macau 10-year gaming licence: filing

Sep 13, 2022 Newsdesk Latest News, Macau, Top of the deck  


Wynn submits bid for Macau 10-year gaming licence: filing

Macau casino operator Wynn Macau Ltd says the group submitted on Tuesday (September 13) its bid for a 10-year gaming concession in Macau, adding that it expected such rights to start on January 1, 2023. The announcement was made in a filing to the Hong Kong Stock Exchange.

The company said that Wynn Resorts (Macau) SA, the entity that currently holds a Macau gaming licence on behalf of the group, “submitted a tender to the government of Macau … for the awarding of a 10-year gaming concession contract to operate games of chance or other games in casinos in Macau commencing on 1 January 2023.”

“Further announcement will be made by the company as and when appropriate,” it added.

Wynn Macau Ltd runs the Wynn Macau gaming resort on the city’s peninsula, and Wynn Palace (pictured), in the Cotai district.

The Macau government launched in July the public tender application process, which runs until Wednesday (September 14). The tender is expected to result in new concessions being able to start from the beginning of January next year.

Investment analysts have said they anticipate that the successful bidders to be selected by November or December. It is expected that all six incumbent operators will bid via the process.

According to the tender materials, interested parties must submit their respective proposals before 5.45pm, Macau time, on September 14. Companies must submit a range of required qualification documents and provide a deposit of at least MOP10 million (US$1.2 million).

The tender document specifies the factors that will be taken into consideration when evaluating the bids.

These include: a company’s proposal to expand the volume of tourists from foreign countries; a company’s experience in operating casinos or other relevant businesses; the benefits for Macau from the bidder’s respective investments in gaming and non-gaming projects; the firm’s plans regarding management of casino operations; its proposal for monitoring and preventing illegal activities in casinos; and its commitment to corporate social responsibility activities.


  • tweet
Related articles
  • Macau September GGR down 13pct on August: govt
    Macau September GGR down 13pct...

    Oct 01, 2023  

  • Light & Wonder to expand facilities in the Philippines: CEO
    Light & Wonder to expand...

    Sep 29, 2023  

More news
  • Sands China to revitalise firecracker factory, old streets
    Sands China to revitalise firecracker...

    Sep 29, 2023  

  • Bloomberry aims to raise up to US$99mln via share sale
    Bloomberry aims to raise up to US$99mln...

    Sep 29, 2023  


Latest News

Macau September GGR down 13pct on August: govt

Macau September GGR down 13pct on August: govt

Oct 01, 2023  

Macau’s September casino gross gaming revenue (GGR) fell by 13.2 percent month-on-month, to MOP14.94 billion (US$1.85 billion), according to a Sunday announcement from the local regulator, the...
Read More
Sands China to revitalise firecracker factory, old streets

Sands China to revitalise firecracker factory, old streets

Sep 29, 2023  

Bloomberry aims to raise up to US$99mln via share sale

Bloomberry aims to raise up to US$99mln via share sale

Sep 29, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The Philippines has been the primary growth driver, but really the broader Asian gaming industry is something that’s really important to us”

Matt Wilson

Chief executive of casino equipment provider Light & Wonder



Most Popular

  • International Ent to invest at least US$1bln in Manila IRInternational Ent to invest at least US$1bln in Manila IR September 28, 2023
  • Galaxy Ent to build ice rink, bookshop at Macau old shipyardsGalaxy Ent to build ice rink, bookshop at Macau old… September 28, 2023
  • Light & Wonder to expand facilities in the Philippines: CEOLight & Wonder to expand facilities in the Philippines:… September 29, 2023
  • S.Korea Daegu Casino fined US$776k for AML breaches S.Korea Daegu Casino fined US$776k for AML breaches  September 29, 2023
  • Osaka, MGM-Orix sign implementation deal for IROsaka, MGM-Orix sign implementation deal for IR September 28, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us