The federal court in New Jersey will handle the consolidation of lawsuits against several Atlantic City casinos related to conspiracies involving room rates.
The plaintiffs present data from the New Jersey Division of Gaming Enforcement, which indicates that the aforementioned casino defendants have significantly increased their nightly rates in the past few years, even though the occupancy rates do not justify such increases. They contend that room rates shouldn't have increased as much given that demand has remained essentially unchanged or even decreased.
The plaintiffs present data from the New Jersey Division of Gaming Enforcement, which indicates that the aforementioned casino defendants have significantly increased their nightly rates in the past few years, even though the occupancy rates do not justify such increases. They contend that room rates shouldn't have increased as much given that demand has remained essentially unchanged or even decreased.
