Forecasts on Wynn Resorts off

LAS VEGAS — Wynn Resorts Ltd. said Monday that it made less money than expected in the Chinese gambling enclave of Macau and that its second-quarter results missed analysts’ forecasts.

Excluding special items, Wynn made $1.51 per share on revenue of $1.33 billion in the latest quarter.

Analysts polled by FactSet forecast, on average, earnings of $1.57 per share on revenue of $1.34 billion

Revenue from Wynn’s two properties on the recently sluggish Las Vegas Strip soared by 16.2 percent compared with last year.

But revenue in the usually robust Macau market was up by just 2.6 percent, due in part to hotel renovations that limited the number of available rooms.

In a conference call with analysts Mon- day, CEO Steve Wynn warned against interpreting the relatively strong showing in Las Vegas as a sign that Sin City is finally bouncing back along with the rest of the U.S. economy from the crushing blow dealt by the Great Recession.

Instead, the billionaire casino mogul attributed the jump in revenue from the Wynn Las Vegas and Encore casinos to the “premium niche” the company has carved out in Macau.

“Our brand, because of the market segment we cater to, tends to benefit from the international market,” he said. “In these emerging markets, a lot of people are enjoying success outside the United States, and they make their way to Las Vegas. And I think that we are one of the first choices for that kind of visitation.”

Total revenue was up by 6.3 percent, but income was down 6 percent, to $129.8 million, in part because the company retired debt early.