Scott Sibella, the former MGM executive who was hired to run the then-under-construction Resorts World Las Vegas in 2019, was replaced last week by owner Genting Berhad.
“Resorts World Las Vegas today announced that president and COO Scott Sibella has left the company, effective immediately,” a Resorts World spokeswoman said in a statement. “This action comes after the company was recently made aware that Mr. Sibella violated company policies and the terms of his employment.”
Sibella was replaced by Chief Financial Officer Peter LaVoie, a 22-year MGM employee who was brought in by the former CEO.
“Peter’s extensive experience and expertise make him the right person to lead Resorts World Las Vegas through this transition,” the statement said.
Sibella faced several different investigations during his tenure. He was cleared of any wrongdoing over a restaurant at Resorts World that was owned partially by a convicted felon. There were also questions about a high-rolling gambler who was granted credit by Resorts World, but no charges were filed because of that incident.
Sibella came to Resorts World after a long career at MGM Resorts, including a stint as the president and general manager of MGM Grand for eight years. Before that, he worked in the Mirage organization.
Most analysts considered Resorts World to be underperforming, with occupancy rates below other major Strip properties. Sibella also brought in some high-tech features that had not been tried in other Strip properties to the same extent, such as a cashless payment system, in partnership with five vendors.
