Key Moments:
- Genting Americas filed a motion on 12 September 2025 to dismiss RAV Bahamas’ amended complaint over the Bimini resort.
- The dispute centers on allegations that Genting shifted significant financial liabilities onto Resorts World Bimini, impacting minority shareholders.
- Final court decision on Genting’s dismissal application will determine if the lawsuit proceeds or is ended permanently.
Background of the Legal Dispute
Genting Americas Inc., the American arm of Genting Malaysia Bhd, has asked the court to dismiss an amended lawsuit filed by minority stakeholder RAV Bahamas Ltd. The case centers on the Resorts World Bimini casino complex in the Bahamas. Here, RAV holds a 22 percent ownership in BB Entertainment Ltd, the casino operator. Genting Malaysia, through its subsidiary, maintains a controlling 78 percent stake.
RAV Bahamas alleges that Genting exploited its controlling interest to favor its own corporate agenda, to the detriment of the joint venture and RAV’s minority holding.
Legal Timeline and Allegations
On 12 September 2025, Genting Americas applied to the court to dismiss RAV Bahamas’ revised complaint. That filing had been submitted on 29 July. The prior complaint sought $600 million in damages. However, after its dismissal, RAV was permitted to submit an amendment. Genting has described these renewed allegations as “baseless and without merit” and asserted it would “vigorously defend” its position.
Date | Event |
---|---|
29 July 2025 | RAV Bahamas files amended legal complaint |
12 September 2025 | Genting Americas files motion to dismiss the complaint |
RAV Bahamas claims that Genting transferred hundreds of millions in liabilities from other operations to the Bimini property. As a result, the resort was left with heavy debt, reduced profits, and a negative impact on RAV’s 22 percent share. These issues reportedly resulted in reduced revenues and operational setbacks, further harming the company’s financial stability.
The Resort and Its Offerings
Resorts World Bimini operates under the “Resorts World” global brand and is situated around 80 kilometers from Florida, primarily attracting visitors by cruise ship or high-speed ferry. The resort features a 10,000-square-foot casino with table games such as blackjack, roulette, baccarat, and craps, as well as more than 100 slot machines. Accommodations include a Hilton hotel with over 300 rooms, private villas, condos, and a mega-yacht marina with upwards of 230 slips. Other amenities range from beach clubs, pools, and restaurants to water sports facilities.
Court’s Next Steps and Potential Impact
In July 2025, Genting noted in a filing with Bursa Malaysia that the court had already rejected the complaint in its present form but allowed RAV Bahamas a final chance to amend its claims. The outcome of Genting’s latest motion will decide whether the matter advances to trial or ends completely. A ruling in Genting’s favor will effectively close the case, while a rejection may prompt further scrutiny of corporate governance practices within the regional casino industry.
- Author
Daniel Williams
