Casino operator Las Vegas Sands believes its new Parisian Macao property has created a “behemoth” complex that is unprecedented in the gaming industry.

Sands released its Q3 earnings report on Thursday, reporting revenue rising 2.6% to $2.97b, while operating income fell 2.6% to $719.6m and net income dipped 2.1% to $605.5m. The shortfalls were blamed on pre-launch costs of its newest Macau resort, the Parisian Macao, which opened in mid-September.

Sands China revenue rose 3.6% to $1.72b while net income fell 5.5% to $324.3m. Sands reported its overall mass market revenue rising 6% in Q3, while the premium mass segment grew 15%.

VIP gaming turnover continued to post double-digit declines at nearly all of Sands properties, except the Venetian Macao, which was down only 0.1%. What’s more, the Venetian’s VIP win jumped 0.67 points to 3.75%. Coupled with a relatively flat mass table performance, the Venetian’s gaming revenue rose 13.5% to $670m.