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Nevada gaming regulators have filed a three-count complaint against Scott Sibella, former president of Resorts World Las Vegas and MGM Grand, for failing to comply with anti-money laundering programs. This legal action follows Sibella's guilty plea earlier this year to violating the Bank Secrecy Act. The complaint is part of a broader federal investigation into illegal bookmaking and sports betting activities involving several major casinos, including MGM Grand, Resorts World, and Cosmopolitan. Casinos have been able to make non-prosecution agreements to protect current executives. Additionally, the Nevada Gaming Control Board is considering revoking Sibella's gaming license and imposing a fine.
Nevada gaming authorities look to revoke Scott Sibella's license and issue a fine against the former MGM Grand and Resorts World exec https://t.co/Vh4Ne2Jacy #8NN
The @NevadaGCB recommended billionaire Barry Diller receive a full gaming license as a board member with @MGMResortsIntl after the SEC closed an insider trading investigation. One board member wanted to limit the license to 3 years, but was overruled. Story coming to @TheNVIndy
Gaming regulators filed a complaint against former MGM Grand executive Scott Sibella four months after he pleaded guilty to violating the Bank Secrecy Act in connection with a sprawling, ongoing federal illegal bookmaking investigation. @howardstutz: https://t.co/vPWRPsHFTc