The increase in revenue was driven primarily by a 50.3% increasein revenue at Wynn Macau. The increase in profit is attributed tohigher earnings from Wynn Macau and a $140.7-million deferred taxbenefit recorded during the quarter. Adjusted Q2 2008 profit was$124.3 million ($1.11 per share), up from $100.8 million ($0.92 pershare) in Q2 2007.

Casino revenues at Wynn Las Vegas in Q2 2008 were $120.7million, down from $159.4 million in Q2 2007. Non-casino revenuesfor the quarter were $211.9 million, a 0.3% increase from the Q22007. Hotel revenues were down 3.1% to $72.1 million during thequarter. The Average Daily Rate was $302, down from $311 in Q22007, and occupancy was 96.5%, down from 97% in Q2 2007. RevPAR was$292, off 3% from Q2 2007. Retail sales declined 3.5% to $22.1million. Entertainment revenue rose slightly to $18.9 million. Theonly non-casino segment with a noticeable increase in revenues wasfood and beverage, which rose 2.6% from Q2 2007 to $84.3 million inQ2 2008.

In Wynn Macau, which in December was expanded by 75,000 sf ofgaming space and 20,000 sf of retail in December, the numbers wereall positive in Q2 2008. Net revenue at Wynn Macau was $529.9million, up from $352.5 million in Q2 2007. The amount of money beton table games by VIPs totaled $16.3 billion in Q2 2008, a 74.9%increase from Q2 2007, with Wynn keeping 2.96%. Table games bettingby non VIPs totaled $626.9 million, up 24.7% from Q2 2007. Slotmachine win, due to a tripling of the number of machines, increased89.6% in Q2 2008 compared to Q2 2007.