Universal Entertainment Provides Update on Criminal Complaint Involving Steve Wynn, Wynn Resorts

Universal Entertainment Corporation (hereafter referred to as the "Company") group is currently a party to pending litigation with Wynn Resorts, Limited WYNN (hereinafter referred to as "Wynn Resorts"). The Company hereby announces that a subsidiary of the Company, Tiger Resort Leisure and Entertainment Inc. to Stephen · A · Wynn who is a chairman of Wynn Resorts criminal complaint of criminal defamation multiple crime under Article 353 to Republic of the Philippines Department of JUSTICE the Office of the city prosecutor Paranaque city, due to being subject to defamation, damage to credit and other harm as a result of the press release posted by Wynn Resorts on its official website on February 19, 2012 (United States time). (Circumstances) 1. A dispute arose between Mr. Okada and respondent involving, among others, Mr. Okada's opposition to an anomalous donation pledged by Wynn Macau Limited, a Macau subsidiary of Wynn Resorts in Macau. 2. Mr. Okada's actions did not sit well with respondent, as the latter feared that an investigation would reveal that the purpose for the huge donation in Macau was improper and illegal. This prompted respondent Wynn to use the Philippine project as a pretext to See full press release