Former Executive of Resorts World Admits Guilt in Federal Trial

The MGM Grand was at the center of a recent investigation following suspicious reports of potential illegal gambling and breaches related to anti-money laundering regulations. The focus of the investigation was Scott Sibella, a former Resorts World chief operating officer and president.

According to the Las Vegas Review-Journal, Sibella has pleaded guilty to not filing suspicious activity reports during his time at MGM Grand in 2018. The plea was made in front of the US District Court in Los Angeles on Wednesday. As a result of his guilty plea, Sibella could face a penalty of a fine of up to $250,000 and up to five years of imprisonment.

Sibella’s career in the gaming and entertainment industry spans over 35 years, with his tenure beginning at the Golden Nugget and eventually leading to executive positions at The Mirage and MGM Grand.

In September, Resorts World parted ways with Sibella, citing breaches to the terms of his employment agreement and violations of company policies. Sibella released a statement expressing his appreciation for his colleagues and his 35 years of contributions to the industry. He also expressed relief that the investigation had come to an end, taking full responsibility for his actions while maintaining that he did not act for personal benefit.

In addition to the federal lawsuit, Sibella is also a defendant in another legal claim filed by Robert “RJ” Cipriani, alleging that Sibella and Resorts World failed to identify illegal gambling activities at the casino.

The plea from Sibella serves as a significant development in the ongoing investigation into potential illegal gambling and anti-money laundering breaches at the MGM Grand, shedding light on the accountability of high-ranking executives in the gaming industry.