Casino operator Wynn Resorts posted better than expected Q1 numbers as the company’s newest Macau property found its stride.

Figures released Tuesday show Wynn’s overall revenue hitting $1.48b in the three months ending March 31, nearly 48% higher than the same period last year. Adjusted earnings rose 42.4% to $427.5m while net income shot up 34% to $100.8m.

The new Wynn Palace property in Macau, which opened last August, generated revenue of $475.8m in its second full quarter of operations, up from $418.7m in Q4 2016. Wynn’s original Macau property, Wynn Macau, reported revenue falling 3.5% to $587m.

Wynn Palace reported VIP turnover of just over $11b, mass market table drop of $770m, and slots handle of $657.6m. Wynn Macau reported $13.3b VIP, $1.14b mass and $856.7m slots. VIP win rate at both properties was slightly above the statistical range.