Gaming operator Genting seeks dismissal of a $600 million lawsuit filed by RAV Bahamas over alleged fraud and false accounting at Resorts World Bimini.

RAV Bahamas, owned by Florida's Capo family, claims Genting has created a "financial wasteland" of their joint venture, accumulating $885 million in debt while denying shareholders any return on investment.

Genting argues the case should be dismissed because:

• It's a shareholder dispute that should be handled in the Bahamas
• The claims are time-barred, dating back to 2014
• The complaint fails to prove false statements or knowledge of untrue claims
• Legal claims of self-conspiracy and interference with its own business relationship are unsupportable

Project Background:

• RAV developed Bimini Bay resort from 2002-2011
• In 2012, Genting partnered with RAV to add a casino
• They formed BB Entertainment (BBE) for the venture

RAV alleges Genting has:

• Denied access to BBE's financial records
• Refused requests for independent audits
• Created an opaque corporate structure to conceal financial improprieties
• Generated more debt than Genting Malaysia's 150 subsidiaries combined

Genting maintains these allegations are "baseless and without merit." The case awaits the court's decision on the motion to dismiss.

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