Wynn Resorts Ltd. posted second-quarter results above Wall Street estimates as revenue from Macau operations increased following a string of declines.

More than half of Wynn's revenue has been from Macau, where the gambling industry has suffered in recent years as a corruption crackdown in China has been linked to a decline in business.

Wynn's total net revenue increased to $1.06 billion from $1.04 billion, while analysts polled by Thomson Reuters had projected $1.02 billion.

Macau revenue rose 3.6% to $639.3 million from $617 million. Still, revenue from the company's Las Vegas operations fell 1.1% to $419 million from $423.5 million.

Over all, the company posted a profit of $70.4 million, up from $56.5 million a year earlier. On a per-share basis, earnings increased to 69 cents from 56 cents. On an adjusted basis, earnings were $1.07 a share, topping Wall Street's expectations of 91 cents.

Shares of the company fell 3.3% to $101.25 after hours.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

July 28, 2016 17:25 ET (21:25 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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