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.
Sibella’s attorneys had asked the judge to consider probation. They submitted testimonial letters of support, including one from Clark County Sheriff Kevin McMahill, the elected head of the Las Vegas Metropolitan Police Department. Following Sibella's guilty plea, the MGM Grand and nearby Cosmopolitan of Las Vegas settled a related U.S. Justice Department money laundering probe. The resorts agreed to pay a combined $7.45 million, submit to an external review and step up their compliance programs.
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’s sentencing comes as the Justice Department undertakes a wide-ranging investigation into illegal sports gambling operations in Southern California laundering money through Las Vegas casinos. The most notable case involves Ippei Mizuhara, Los Angeles Dodgers star Shohei Ohtani’s former interpreter. Federal prosecutors say Mizuhara transferred money he stole from the Japanese superstar in a scheme to pay off debts to illegal bookmakers.
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