![]() The lawsuit asserted that "no market factors" such as increased demand or rising costs "can explain the kind of increase in room rates and corresponding revenue that casino-hotel defendants each have obtained during the class period. New Jersey gaming regulators' data showed "substantial increases" in Atlantic City room rates but decreases in occupancy rates during the class period, 2018 to the present, Tuesday's lawsuit claims.Ītlantic City casino-hotels charged 25% more for rooms in 2022 than in 2019, despite renting 5% fewer rooms, the lawsuit alleged. Lawyers for the plaintiffs, including attorneys from law firm Susman Godfrey, did not immediately respond to a request for comment. Representatives from Caesars Entertainment, MGM Resorts and Hard Rock on Wednesday did not immediately respond to messages seeking comment on the latest lawsuit.Ī spokesperson for Cendyn also did not immediately respond to a similar request. The rooms at Ballys features Sealy Posturepedic mattresses, 300-thread-count bed linens, a coffee maker, and a television set. Caesars, MGM and other defendants have asked a Nevada federal judge to dismiss a similar price-fixing lawsuit over room rates in Las Vegas filed in January. Ballys Atlantic City Hotel & Casino is a resort that offers plenty of dining options, an in-hotel casino, and nightlife entertainment choices for adults. The case is at least the second one this year alleging an antitrust conspiracy against casino-hotel operators using a shared pricing platform. ![]() The complaint alleges that the corporate defendants and their respective hotels, including Harrah's Atlantic City, Bally's Atlantic City and Borgata, used Cendyn's platform to set room rates higher than they otherwise would have been able to in a competitive market. ![]()
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