Scott Sibella releases statement in response to gaming license revocation
Sibella previously served as the President of Resorts World Las Vegas until September 2023.
Key Points
- The Nevada Gaming Commission chose to revoke Sibella’s license following a tentative agreement between the former executive and state gaming regulators
- Sibella stated that the decision will provide closure, and allow him to “enter the next chapter”
Former Resorts World Las Vegas President Scott Sibella has released a statement in response to the Nevada Gaming Commission choosing to revoke his gaming license on December 19.
Sibella, who also served as President of MGM Grand Las Vegas, entered a tentative agreement with the Nevada Gaming Control Board on December 13.
“I want to thank the commission for giving me this opportunity to speak,” Sibella said.
“You don’t have to take my word for it. You only need to look and see that since the investigation into these issues, MGM Resorts eighty-sixed many bookmakers that had been gambling in its casinos — and some of them for over 20 years.”
Sibella stated that he was an “easy target” for regulators while others have escaped accountability for their actions.
He went on to blame the violations brought against him on subordinates who he said failed to file a suspicious activity report (SAR) after Wayne Nix, who pleaded guilty to bookmaking and tax charges in April 2022, paid a $120,000 casino marker in cash.
The violations occurred while Sibella was at the MGM Grand, where he was President and COO for eight years. He left in 2019 to take over at Resorts World as it prepared for its opening on the Las Vegas strip during 2021.
Good to know: A lawsuit submitted by a former patron of Resorts World Las Vegas against the casino was dismissed with prejudice by the US District Court judge in Nevada on October 28
He abruptly separated from Resorts World in September 2023 as the Resort stated he “violated company policies and the terms of his employment.”
Under Nevada law, Sibella will be eligible to apply for a gaming license after December 27, 2028, five years from the date federal authorities filed the plea agreement.
“After today’s hearing I can now begin to get closure. Of course, I will live with this for the rest of my life, but after today there will be no more courts, hearings, meetings, attorneys or judges. I can now move on and enter the next chapter of my life,” Sibella said.
“While I would have preferred to surrender my license in a last act of dignity, the Board’s proposed terms for doing so were simply unacceptable. Therefore, I would humbly ask this commission to accept the proposed stipulation and the agreed revocation of my licenses and approvals. Thank you.”
Resorts World Las Vegas recently announced that former MGM Resorts CEO Jim Murren will lead a newly formed Board of Directors.
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