Former Casino Exec Awaits Sentencing in Bookmaking Money Laundering Case

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.

Scott Sibella pleaded guilty in January to violating federal anti-money laundering rules that required the casino to file reports of suspicious transactions. His sentence was handed down in federal court by U.S. District Judge Dolly Gee, who also ordered Sibella to pay a fine of $9,500, plus a $100 special assessment.

Gee said Sibella “turned a blind eye” to behavior he knew was potentially illegal. But in deciding against prison time, Gee said she took into consideration that Sibella fully cooperated with investigators and had no previous criminal history.

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