Scott Sibella fired as President & COO of Resorts World Las Vegas
In a surprising turn of events, Resorts World Las Vegas’ President and Chief Operating Officer (COO) Scott Sibella has been abruptly relieved of his duties. According to information released by the renowned Las Vegas Strip casino resort, Sibella’s service was terminated for allegedly violating the company’s policies.
Marking a dramatic shakeup in the management, Peter LaVoie, who served as senior vice president and chief financial officer of Resorts World, has been elevated to the position of the chief executive officer (CEO). However, the operator didn’t reveal whether it is a temporary or permanent placement for him.
This revelation of the aforementioned dramatic shakeup surfaced just six weeks after a federal investigation was launched into a shadowy underworld of illegal sports betting at the venue. In a shocking revelation, it was alleged that both present and former employees of resort’s were implicated in this clandestine network that swapped confidential customer data and exploited the opulent casino facilities to settle their own gambling debts.
The investigators fixed their focus firmly on Sibella, the former President and COO of MGM Grand, during his ten-year long reign from 2010 to 2019. At the helm of this clandestine network was, former minor league baseball luminary Wayne Nix, who emerged as the underground kingpin. Nix admitted that he was arranging the entire operation, confessing to omitting $1.4 million in earnings from his tax declarations in 2017 and 2018.
Surprisingly, Sibella, then the President of MGM Grand, took on a disguised role as a blackjack dealer within his own casino during a memorable March 2011 episode of the CBS-TV series titled "Undercover Boss."
Court documents unveiled a covert empire that thrived in the shadows for as many as twenty years, and the clientele of this underground gambling ring included active celebrities from NFL and MLB realms.
In a written statement to media, Resorts World stated, “Resorts World Las Vegas today announced that president and COO Scott Sibella has left the company, effective immediately. This action comes after the company was recently made aware that Mr. Sibella violated company policies and the terms of his employment.”
Sibella joined Genting as Resorts World President in the year of 2019, and earned the industry’s acclaim for leading the $4.3 billion project to its successful completion. His previous roles included presidencies at MGM Grand, The Mirage, and executive positions at Treasure Island, Tropicana, and the Golden Nugget.