Las Vegas based Wynn Resorts Ltd., a renowned casino operator, has beat all analyst estimates by posting quarterly profit figures which are much over what everyone had expected. The company revealed a net income of $34.2 Million, with each share value standing firm at 28 cents.

While these numbers might be lesser than last year's reported figures of $51.2 Million (49 cents per share) which came out around the same time, they have definitely managed to beat all estimates by a large margin. 

The resort's China counterpart, Wynn Macau had reportedly raised nearly $1.8 Billion through a Hong Kong listing of shares. According to reports by Thomson Reuters, Wall Street analysts had pegged Wynn's profits at 15 cents per share, and the outcome has beat the estimates by a considerable margin. 

Run by Steve Wynn, Wynn Resorts currently operates three casinos in all, two in Las Vegas and one in Macau. Wynn Macau, the only place in China where gambling is legal, will soon be followed by a second Wynn unit, Encore Macau, which is due for inauguration on April 1.