Wynn and Genting have settled their copyright infringement dispute over the design of Resorts World Las Vegas off-court
Gaming and hospitality companies Wynn Resorts and Genting Group announced on Monday that they have reached a settlement agreement on a copyright infringement dispute over the design of Genting’s Resorts World Las Vegas integrated resort.
The two gambling groups revealed that they have settled the issue out of court a day before they were to appear before US District Court Judge for the District of Nevada, Gloria Navarro.
News broke late last year that Wynn was suing Genting over the design of Resorts World Las Vegas, a multi-billion-dollar hotel and casino resort the latter company is currently building on the Las Vegas Strip.
Wynn claimed that the mega-complex looked strikingly similar to its flagship properties Wynn Las Vegas and Encore, which are located across the street from where Genting is developing Resorts World Las Vegas.
Wynn sued its rival resort operator on five counts of trademark infringement, including trade dress infringement, federal and state trademark dilution, copyright infringement, and unfair competition. The company argued that Resorts World Las Vegas ripped off the signature concave facade of its properties as well as the horizontal banding between floors and bronze glazing.
In a statement from earlier this month, Genting denied Wynn’s claims, saying that its hotel and casino resort will look “dramatically different” from the latter’s properties upon completion.
Genting Agrees to Redesign the Property
In the latest round of developments in the case, Wynn and Genting jointly announced that they have settled the issue and that Genting has agreed to change the design of its property. The changes implemented are not expected to delay the scheduled 2020 completion and opening of the integrated resort.
In its court filing, Wynn sought a temporary restraining order that, if granted, would have threatened Resorts World Las Vegas’ timetable. Genting could have lost an estimated of $169 million and would have had to lay off 500 construction workers, if a restraining order had been issued.
In a statement from yesterday, Genting’s Senior Vice President of Public Affairs and Development, Michael Levoff, said that their Las Vegas resort “will be the launching point for the next generation of integrated resorts” and that its aesthetics “will play an important role in its future success.” The official went on to say that while Genting believed the design had differences, it decided to make several changes that “will clearly differentiate the two properties.”
Wynn Chief Communications Officer Michael Weaver said in yesterday’s joint statement that their “world-renowned signature architecture and design” were among the elements that have cemented the company’s reputation for excellence. Mr. Weaver added that the new design changes offered by Genting will resolve their concerns.
Resorts World Las Vegas is currently being constructed in the northern end of the Strip, an area that has remained underdeveloped but has captured quite some investor interest over the past several years. While Genting has not announced how much exactly it intends to spend on the property, analysts believe that its total investment could hit the $7 billion mark.
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