Former Resorts World Prez Faces 5 Years in Prison For Illegal Gambling

Trending 2 months ago

Posted on: January 25, 2024, 12:02h. 

Last updated on: January 27, 2024, 11:22h.

Avatar photo

Scott Sibella, nan erstwhile president and main operating serviceman of Resorts World Las Vegas, pleaded blameworthy successful U.S. District Court successful Los Angeles Wednesday to charges that could nonstop him to situation for 5 years and costs him $250K successful fines.

Former Resorts World Las Vegas president Scott SibellaFormer Resorts World Las Vegas president Scott Sibella speaks astatine nan 2021 opening of nan casino edifice that fired him 2 years later. (Image: Getty)

The charges stem from Sibella’s word arsenic president of nan MGM Grand from 2010-19. That’s when, according to his plea agreement, he allowed erstwhile insignificant convention shot subordinate Wayne Nix — a personification known by Sibella to run an forbidden sports-betting business — to bet astatine his casino violating anti-money-laundering laws.

I americium pleased to person this investigation and its findings reaching a conclusion,” Sibella said successful a connection emailed to nan Las Vegas Review-Journal. “I return afloat work for my actions and inactions, but I must make clear I took nary action for my individual use aliases inurement.”

The MGM Grand and nan Cosmopolitan Las Vegas, a edifice purchased by MGM Resorts successful 2022, person besides agreed to salary $7.5M successful fines for Nix’s forbidden activities.

Wayne NIxWayne Nix, who reportedly hasn’t been photographed since he played minor-league shot pinch nan Oakland A’s workplace team, is shown via his 1999 Modesto A’s shot card. (Image: Daily Mail)

Nix’s ringing operated for almost 2 decades, employing erstwhile pro athletes arsenic bookies and boasting clients including progressive NFL and MLB players. Sibella’s relationship pinch Nix allowed him to turn nan forbidden business, prosecutors said.

According to his plea agreement, Sibella comped Nix edifice stays and play trips pinch precocious rollers and elder MGM Grand executives from August 2017 to February 2019. During these trips, Nix recruited caller sports bettors.

In 2022, Nix pleaded blameworthy to conspiracy to run an forbidden gambling business and filing a mendacious taxation return. Facing up to 8 years successful prison, he is scheduled to beryllium sentenced connected March 6.

Gaming Not Over?

Despite nan difficult clip he faces, Sibella concluded his email to nan R-J by stating his desire to stay successful nan casino industry.

As this process comes to a conclusion, I look guardant to continuing to supply my knowledge, skills and insights to support nan continued growth, evolution, and professionalism of nan gaming industry,” he wrote.

Resorts World owner, nan Genting Group, hired Sibella arsenic nan property’s president successful 2019. He steered nan unfinished $4.3 cardinal task to completion 2 years later, bringing aboard nan Hilton, Conrad, and Crockfords brands — and their immense databases — successful nan process.

According to Sibella, he was fired successful September 2023, 3 days aft informing Genting officials astir nan Justice Department’s investigation. Resorts World said that he “violated institution policies and nan position of his employment.” 

Before presiding complete nan MGM Grand, Sibella besides served arsenic president of The Mirage. Before that, he was an executive astatine Treasure Island, Tropicana, and nan Golden Nugget.

Source Casino news
Casino news