Wynn Resorts, which derives almost 64% of its revenues and 62% of its adjusted property EBITDA from Macau, was having a hard time just because its new casino is sitting in a massive construction zone. And although the Palace did better than many expected, it essentially cannibalized gaming revenues from its existing Wynn Macau resort. The new casino also needed to undergo a major remodeling as it was found to be deficient in its casino space and dining areas.