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Las Vegas Sands saw a net loss of $111.3 million in the fourth quarter, despite seeing revenues increase 4.3% because of an uptick in business at The Venetian and Palazzo in Vegas.
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The Las Vegas hotel is testing a campaign that sends text-message alerts to customers about real-time promotions.
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An amendment in the $787-billion stimulus bill passed by Congress calls for the government to decide what is or isn't "excessive" business travel, which could make life more difficult for Las Vegas destination resorts.
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President Barack Obama's comment that travel to Las Vegas is a sign of corporate excess has touched a nerve in Sin City.
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The off-Strip property estimated that it would post an operating loss of $1.5 million in the fourth quarter.
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Vegas casinos are taking huge losses from deadbeat gamblers who are walking away from debt.
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Attorney General Richard Blumenthal submitted a bill that would ban smoking at Foxwoods Resort Casino and Mohegan Sun by October 2011.
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Casino admissions jumped 6.3% in January over the same month a year ago as changes in Missouri law had a strong effect on gaming. Meanwhile, casino revenues in neighboring states were down dramatically.
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Jerry Stickman: 
