Caesars, Other Vegas Hotels Wins Dismissal of Antitrust Suit (1)

Caesars Entertainment Inc. and other Las Vegas hotel companies defeated a suit accusing them of fixing prices for rooms after a judge tossed the case entirely.

Chief Judge Miranda M. Du of the US District Court for the District of Nevada in a Wednesday ruling dismissed the plaintiffs’ amended complaint with prejudice, saying a group of consumers who stayed at various Vegas locations failed to plausibly allege a tacit agreement between the hotels to inflate room prices using an algorithm.

“This case remains a relatively novel antitrust theory premised on algorithmic pricing going in search of factual allegations that could ...