The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( Trefis) -- Last year, Wynn Resorts ( WYNN) saw overall revenues increase approximately 26% which was primarily driven by impressive performance in Macau. Wynn competes directly with Las Vegas Sands ( LVS), MGM Resorts International ( MGM), SJM, Galaxy and Harrah's among others. This quarter, we are watching Wynn's performance in Las Vegas which has started showing signs of a recovery. In Q4 2011, revenues from Las Vegas operations witnessed an increase of 7.2% vis-a-vis Q4 2010. We are also optimistic about VIP table games turnover, we expect it to show impressive growth due to the potential size of the Macau gaming market.