The Chinese-controlled territory has been a goldmine for Wynn, generating more than 75 percent of its total revenues through subsidiary Wynn Macau .
The expiry of casino licenses in the former Portuguese colony has been a critical issue for operators, such as Sands China , MGM China and SJM Holdings , with the first round of licenses due to expire in two years.Wynn's concession with the Macau government runs until 2022, but authorities have provided little information about whether, and how, the licenses will be renewed. Wynn told analysts on a conference call on Monday that his confidence stemmed from talks with the government in Macau."We have been given reason to have confidence that our businesses will continue after the initial concession expiration dates," he said. "That confidence is based upon the kind of conversations we have had with the government."Privately, some casino executives have expressed concern over the uncertainty, and have been making increasing efforts to stay on the right side of the authorities.Wynn, who operates two luxury resorts in Macau and is also the Republican National Committee Finance chair, said China, which controls the special administrative region, was adamant about stability and did not like disruptions.He had frequent discussions with casino bosses Sheldon Adelson, owner of Las Vegas Sands