Sibella Out as CEO of Resorts World Las Vegas Amidst Probe

Written by:
Gilbert Horowitz
Published on:
Sep/16/2023

Despite previously being cleared by gaming Nevada state regulators in February of any improprieties, Resorts World Las Vegas President Scott Sibella was released of his duties this week.  Resorts World Las Vegas alleges Sibella violated company policies.

ads-life-300x250-1.gif

Resorts World Chief Financial Officer Peter LaVoie will step in to fill the CEO position for the 3,500-room hotel-casino, which is owned by Malaysia-based Genting Berhad.

“Resorts World Las Vegas today announced that president and COO Scott Sibella has left the company, effective immediately,” a Resorts World spokeswoman said in an emailed statement to the Nevada Independent. “This action comes after the company was recently made aware that Mr. Sibella violated company policies and the terms of his employment.” 

The ousting of Sibella comes at a time when the feds are said to be investigating current and former Las Vegas execs alleged to have used casino assets to pay debts owed to a Los Angeles area illegal bookmaking business.

A high-stakes gambler-turned-FBI confidential source, RJ Cipriani (AKA Robin Hood 702) has been alluding to a probe over the past months and regularly lambastes Sibella in the process.

Cipriani tweeted out late Friday:

"I heard SCOTT SIBELLA knew this was coming. He wasn't at Resorts World for 8-10 days before this announcement. He knew his bullshit, lies, and dirty dealing for FOUR DECADES in Vegas was over !!! ADIOS MOTHERF@CKER!!"

Sibella was previously president of MGM Grand for eight years.  The Nevada Gaming Control Board found no wrongdoing in regard to Resort World’s relationship with a restaurant partially owned by a convicted felon while under Sibella's leadership.

- Gilbert Horowitz, Gambling911.com

Gambling News

How Do I Create My Own Bookie Website

How Do I Create My Own Bookie Website

Our friends at AcePerHead.com offer up three guidelines for creating your own sports bookmaking website.  It's easy as 1-2-3.  Just make sure you have enough capital on hand to pay players just in case you have a few bad months getting off the ground.

Top Betting Markets - May 16 - Free Picks Now 7-1-1

The Boston Celtics vs. New York Knicks Game 6 of the 2025 NBA Playoffs is your hot betting market this evening.  New York leads the series 3-2 and could eliminated the Celtics, who are without Jayton Tatum.  Over $71 million has been bet on this series at Kalshi alone thus far.

Syndicate