Bellagio, Caesars Palace, Wynn and other Vegas hotels sued over suspected price collusion
MGM, Caesars and Wynn are among the biggest Las Vegas hotels accused of colluding to overcharge visitors for rooms through a pricing algorithm.
Stay updated with breaking news from Rainmaker Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
MGM, Caesars and Wynn are among the biggest Las Vegas hotels accused of colluding to overcharge visitors for rooms through a pricing algorithm.
A class-action lawsuit filed Wednesday alleges that four of the main Las Vegas Strip resort operators colluded, via data-sharing software, to artificially
The manager of the Norwegian sovereign wealth fund has concerns about the number of women occupying top corporate roles in Japan; insurance giant AIA is diving into China’s commercial property sector with a stake in a retail-office complex; and more.
The real estate software company RealPage has been accused of using its rent pricing software to help landlords inflate market rents. Now it faces 11 lawsuits and an investigation by the U.S. Department of Justice.
The DOJ will examine whether RealPage helped landlords coordinate rent increases. Questions also swirl around a 2017 merger deal with its largest competitor.