Top Las Vegas casino executive faces sentencing for money laundering violations

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Las Vegas News

Money Laundering,Sibella,Casino

A former top executive for major Las Vegas casinos was set to appear before a federal judge Wednesday after admitting he allowed an illegal bookmaker to gamble

by CHRISTOPHER WEBER and KEN RITTER | Associated PressResorts World Las Vegas President Scott Sibella speaks during a tour of property before its opening in Las Vegas , June 23, 2021. A former top executive for major Las Vegas casinos was set to appear before a federal judge Wednesday after admitting he allowed an illegal bookmaker toScott Sibella pleaded guilty in January to violating federal anti- money laundering rules that require casinos to file reports of suspicious transactions.

According to his plea agreement with the government, Sibella allowed Nix to gamble at MGM Grand and affiliated properties with illicit proceeds generated from the illegal gambling business without notifying the casinos' compliance department. I didn't want to know because of my position," Sibella told investigators. "I stay out of it. If we know, we can't allow them to gamble. I didn't ask, I didn't want to know I guess because he wasn't doing anything to cheat the casino."

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.

Money Laundering Sibella Casino MGM Grand Sentencing Gamble Illegal

 

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