Wynn Resorts' indirect subsidiaries, Palo Real Estate Company Limited and Wynn Resorts (Macau) S.A., entered into an Amended Land Concession Contract with the Macau Government on July 21, 2026. This agreement allows for the expansion of Wynn Palace to include a new five-star hotel, a theater, and an event and entertainment center. As a result, Palo must pay a one-time land premium of MOP652.3 million (approximately $80.8 million) and an additional annual rent, bringing the total annual rent for the Expanded Resort to MOP9.5 million (approximately $1.2 million). The development must be completed within 60 months. Wynn Resorts operates in the gaming and hospitality industry, managing luxury resorts and casinos.