LOS ANGELES (AP) — A former top executive for major Las Vegas casinos was sentenced to a year of probation Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash.
LOS ANGELES — A former top executive for major Las Vegas casinos was sentenced to a year of probation Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash.
Before the sentencing, Sibella apologized to his family, friends and former employers. He told the judge, “You will never see me in your court again.” Separately, Nevada casino regulators are considering revoking or suspending Sibella’s state gambling license and fining him up to $750,000. A complaint filed April 30 by state Gaming Control Board investigators has not yet been considered by the Nevada Gaming Commission.
Sibella told federal investigators in January 2022 “that he had ‘heard that Nix was in the booking business’ and he ‘couldn’t figure out how he had all the money he gambled with.’” Sibella was president and chief operating officer of the MGM Grand for eight years and then president of Resorts World Las Vegas until 2023.
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