Casino billionaire Steve Wynn said that his company, Wynn Resorts Ltd. won't try to become the world's largest casino operator or expand quickly like its competitors.

Wynn has told several times that “Bigger isn't better; better is better.”

Wynn Resorts (WYNN) considerably topped second-quarter estimates, sustained by its Macau division. But despite the results, shares of the company are falling 3.5% to $85.96.

The casino operator earned $52. 4 million or 52 cents a share on revenue of $1.03 billion. This compares with a profit of $25.5 million or 21 cents, on revenue of $723.3 million, in the year-ago period.

The biggest boost came from Macau where revenue surged 74% to $714.4 million from $410.4 million last year.

Sterne Agee analyst David Bain wrote in a note that Wynn's Macau market share has increased to at least 16% on average since early May from its historical 13% to 14% range.

Wynn is also looking to open another property on the Cotai strip which will most likely be positioned to capture mass market gamblers.

Wynn also said that its board approved a 25-cent dividend for the quarter, payable on Aug. 26 to stockholders of record on Aug. 12.

Wynn previously reported disappointing results for its Las Vegas properties including employee health care and benefits and marketing expenses. Its operating loss for its Wynn Las Vegas and Encore widened to $17.2 million from $8.3 million last year. Revenue rose 1.7% to $318 million.

Occupancy at the Wynn Las Vegas jumped to 92.6% from 86.6% a year earlier, but revenue per available room fell 3.2%.

In spite of everything, the company said even trends on the Las Vegas Strip are improving.