Is the Sands about to post some great room rates?

A lot is being made of the Las Vegas Sands Corp posting an unexpected loss for the first quarter. The company, which runs casinos in Las Vegas and Macau, made a net loss of $11.2 million, or 3 cents per share, compared with a profit of $90.9 million, or 26 cents a share, a year earlier.

You can read the whole story here. But, to me this means that this company is anxious to get some people in their buildings.

When a casino posts a loss to a player, what do they do? That’s right they give a ton of stuff away to the lucky player in an attempt to keep them on the property. Why do they do this? It’s simple math, the more time a player spends in the casino two thing are going to happen. Number one the player is going to gamble. And number two the player is going to eventually lose.

So, knowing Las Vegas and knowing casinos I expect to see some REALLY good deals being posted for the Las Vegas Sands properties which include the Palazzo, Venetian and the Sands Expo and Convention Centre.

Here are some tools designed to help you keep track of posted room rates.