Former Las Vegas Casino Executive Faces Sentencing for Involvement in Bookmaking Money Laundering Scheme

Former Top Casino Executive Faces Sentencing for Allowing Illegal Gambling

LOS ANGELES (AP) — Scott Sibella, a former top executive for major Las Vegas casinos, was set to appear before a federal judge on Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash.

Sibella pleaded guilty in January to violating federal anti-money laundering rules, facing up to five years in prison and a $250,000 fine. Following his guilty plea, the MGM Grand and Cosmopolitan of Las Vegas settled a related U.S. Justice Department money laundering probe, agreeing to pay a combined $7.45 million and enhance their compliance programs.

Sibella’s attorneys were seeking leniency and probation, submitting testimonial letters of support from Clark County Sheriff Kevin McMahill. The bookmaker central to the case, Wayne Nix, a former minor league baseball player, awaits sentencing after pleading guilty to operating an illegal gambling business.

According to Sibella’s plea agreement, he allowed Nix to gamble with illicit proceeds without notifying the casinos’ compliance department. Sibella told investigators he didn’t inquire about Nix’s source of funds due to his position and lack of suspicion of cheating.

While not implicated in another case involving stolen money from Japanese baseball star Shohei Ohtani, Sibella faces potential penalties from Nevada casino regulators. His career spanned top positions at The Mirage, Treasure Island, and MGM Grand before his dismissal from Resorts World Las Vegas in 2019.

As the sentencing unfolds, the gambling industry awaits the outcome of this high-profile case that sheds light on the complexities of casino compliance and the consequences of turning a blind eye to illegal activities.