Las Vegas Strip Resorts accused of fixing hotel room prices

By Judy J. Beasley Last updated Jan 28, 2023

A federal lawsuit was filed in United States District Court in Vegas to Wednesday, January 26, who alleges that Las Vegas Strip resorts have used an outside supplier to price hotel rooms from 2019.

According to an article written by Ken Ritter to WPXI.comthe outside seller accused of using “algorithmic-based pricing…to the detriment of consumers and in violation of antitrust laws,” is Unlimited Rainmaker Group. It is a corporate owned revenue management group based in Boca Raton, Florida appointed Cendyn Group.

Through by Ritter article, “[t]The lawsuit was filed on behalf of the plaintiffs Richard Gibson and Heriberto Valiente by the lawyers of the law firm Hagens Berman Sobol Shapiro in Seattle and Berkeley, California. They hope to end up making it a class action lawsuit seeking unspecified damages. They base their claims on what they believe to be “federal government antitrust violations.” Sherman Law” through Las Vegas Strip resorts.

So what is an algorithm and how does it apply in this trial? by Ritter the article explains the lawsuit identifies information in a 2017 speech of Maureen Ohlhaussen, an old Federal Trade Commission interim president. In her speech, she “defined a computer algorithm as a set of rules or instructions that can model thousands of ‘extremely complex and nuanced behaviors’ in a fraction of a second ‘and react almost instantaneously to changes'”.

The Las Vegas Review-Journal came from by Ken Ritter article as reporting: “that average daily room rates for Strip resorts hit record highs in 2022, up to $200 a night October during a busy congress month. The Review-Journal went on to report that the average room rate in our city was the highest in history thanks to November 2022, at 175.40 per night.

Las Vegas Strip Resort companies that have been identified in the lawsuit in this alleged hotel room price-fixing conspiracy include MGM Resorts International, Caesars Entertainment, Wynn Resorts, and Treasure Island. If the lawsuit is successful, it will negatively affect their profit margins, and I’m sure these casino giants will fight it with all they have. Stay tuned…

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larry martino is the longtime Afternoon Drive personality on 96.3 KKLZ. The views and opinions expressed in this blog are those of larry martino and not necessarily those of Beasley Media Group, LLC.

5 Coolest Airbnbs in Las Vegas

If you are a Vegas veteran then you know that The band has some of the finest hotel rooms in the world. But tucked away on the edge of the shiny Strip are some of the coolest Airbnbs in Las Vegas.

From classic mid-century modern casino style and even over-the-top, these Airbnbs are for the Vegas traveler who want to see another side of Sin City.

If you are planning a trip to Vegas soon and have already tried hotels, we recommend you try an interesting Airbnb! Take a group of friends and go for a nice Airbnb that will make you feel like you are in a resort. This list is also for Las Vegas locals who are looking for a getaway away from their everyday landscape.

But, if you are considering staying at one of these Airbnbs, we want to clarify something. Don’t expect to throw a wild party with people wall to wall. Recently, the connection between Las Vegas and Airbnb made news last year when the company proposed a global ban on all parties. When this rule was implemented, Airbnb said party reports dropped by 77% in Las Vegas alone, according to Channel 8.

In fact, Clark County has taken additional steps to enforce this rule. There is a 24-hour phone number for reporting issues to the county and code enforcement officers to investigate these “party complaints”.

So, it’s safe to say that renting an Airbnb in Las Vegas doesn’t mean you’re turning the property into a “Project X” part two movie anytime soon. But despite this little rule, staying at an Airbnb is an experience that goes beyond the glitz, glamor and grandeur of the Strip.

Below are some of the coolest Airbnbs in Las Vegas that will give you a different trip that isn’t regular. See the fun list below of these cute, fun and amazing properties.