After months of legal battles, Atlantic City hotels have emerged victorious in their latest class action lawsuit over casino room rates. The lawsuit, which was filed by a group of disgruntled hotel guests, alleged that the hotels had engaged in price fixing and collusion to artificially inflate room rates.
The plaintiffs in the class action suit claimed that the hotels had conspired to fix room rates at a level that was higher than what would have been charged in a competitive market. They argued that this collusion had resulted in consumers paying significantly more for their hotel rooms than they should have.
However, the Atlantic City hotels vigorously denied these allegations, and argued that their room rates were determined by market forces and competitive pressures. They pointed to the fact that there are numerous hotels in the Atlantic City area, all of which offer a range of room rates to appeal to different types of customers.
In a landmark ruling, a federal judge sided with the hotels and dismissed the class action lawsuit. The judge found that there was no evidence of price fixing or collusion among the hotels, and that the plaintiffs had failed to prove their case.
The ruling was hailed as a major victory for the Atlantic City hotels, which have been battling a number of legal challenges in recent years. The hotels have faced increased competition from neighboring states, as well as the ongoing effects of the COVID-19 pandemic on the tourism industry.
In a statement following the ruling, a spokesperson for the Atlantic City hotels said, “We are pleased that the court has recognized the integrity of our pricing practices. We remain committed to providing our guests with the best possible value for their stays, and we will continue to compete in a fair and transparent manner.”
Despite this legal victory, the Atlantic City hotels still face challenges ahead as they work to rebuild their business in the wake of the pandemic. However, with this latest ruling in their favor, they can now focus on welcoming guests back to their properties and offering them a world-class experience in one of America’s most iconic resort destinations.
