Wynn Macau posts $714.4 million net revenues in the second quarter

Compared to only $410.4 million in the second quarter of 2009, Wynn Macau's net revenues jumped with the opening of Encore driving growth in the VIP segment.

Table games turnover in the VIP segment was $21.7 billion for the 2010 quarter, compared to $12.6 billion for the second quarter of 2009, according to a Wynn Resorts, Limited release.

The company said, “In November 2009 we added two new private gaming salons with 29 VIP tables and on April 21, 2010 we added 37 VIP tables with the opening of Encore, which helped drive some of the growth in our VIP segment in the second quarter.”

Wynn Macau achieved an Average Daily Rate of $287 for the second quarter of 2010, compared to $263 in the same period in 2009.