Fitch warns Macau could end US operators’ concessions in unlikely scenario
Fitch said worsening US-China relations could create risks for Las Vegas Sands, MGM Resorts International and Wynn Resorts in Macau. It described non-renewal or termination of their gaming licences as highly unlikely; the licences expire in 2032, and Fitch said forced sales were not expected within its forecast horizon.
The scenario concerns the Macau licences and businesses of three major concessionaires, whose licences expire in 2032.