Former MGM Grand Executive Sentenced in Money Laundering Case

Scott Sibella receives probation for facilitating illegal gambling, highlighting broader issues in casino compliance.

Sibella admitted to enabling an illegal bookmaker to gamble millions at MGM Grand, violating anti-money laundering laws.
He was sentenced to a year of probation and fined $9,500 by U.S. District Judge Dolly Gee.
MGM Grand and Cosmopolitan Las Vegas settled a related Justice Department probe for $7.45 million.
Nevada casino regulators may revoke or suspend Sibella's state gambling license and impose a $750,000 fine.
Wayne Nix, the bookmaker involved, awaits sentencing after pleading guilty to operating an illegal gambling business.