MATERIAL LITIGATION COMPLAINT FILED BY WYNN RESORTS HOLDINGS, LLC AGAINST RESORTS WORLD LAS VEGAS, LLC

GENTING BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
COMPLAINT FILED BY WYNN RESORTS HOLDINGS, LLC AGAINST RESORTS WORLD LAS VEGAS, LLC

The Board of Genting Berhad (the “Company”) wishes to announce that Resorts World Las Vegas, LLC (“RWLV”),  an indirect wholly owned subsidiary of the Company that is developing the Resorts World Las Vegas property located at the northwest intersection of S Las Vegas Blvd and Resorts World Drive in Las Vegas, Nevada, United States of America, notified the Company on 24 December 2018 that a complaint dated 21 December 2018 (“Complaint”) was filed by Wynn Resorts Holdings, LLC, a Nevada limited liability company, against RWLV alleging trade dress infringement, trademark dilution and copyright infringement over the design of RWLV’s upcoming Resorts World Las Vegas hotel and casino resort property.

 

RWLV is in the process of reviewing the Complaint with its legal counsels and will strenuously defend the claim and take all necessary legal action, as appropriate.

 

RWLV intends to file a timely response to the Complaint on or before 14 January 2019, the due date for such response.

 

The Company will make the necessary announcements as and when required on any material development of the matter.

 

This annnouncement is dated 26 December 2018.

 






Announcement Info

Company Name GENTING BERHAD
Stock Name GENTING
Date Announced 26 Dec 2018
Category General Announcement for PLC
Reference Number GA1-26122018-00078