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ent000854-176
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I agree.fiiimiiiiinmii ?╟ú'Messing and Apt CERTIFIED PUBLIC ACCOUNTANTS WHO DOSS IT BENEFIT (SANDS HOTEL) 1. - Opportunity for the Sands Hotel to provide additional rooms when apartments are not being used, which means keeping and servicing maximum number of guests on premises without additional costs. 2. - Opportunity to select certain "special" customers of the Sands Hotel to consider this their Las Vegas Home (by invitation only<) ?╟÷?╟÷-forestall intensive missionary work constantly attempted by other casinos to lure wealthy desireable gamblers away from the Sands Hotel. 3. - It is to be noted that the Sands is not required to fill the Apartments in preference to their own rooms -- therefore when there is a lull in room rent activity the Sands can fill their own rooms first (and not be subject to the cost of unoccupied rooms) On the other hand, when demand for rooms pick up, (as it does nost week-ends) The Sands has additional room capacity to service additional customers (again with no extra room coat) By this arrangement the Sands has what amounts to the benefit of a two headed coin. - added room capacity w/o cost -no loss if rooms are unoccupied - additional customers and room rent when occupied without cost. 4.- Special Tax Savings Features offered to certain customers.