Resorts World Las Vegas’ President Scott Sibella steps down, Peter LaVoie assumes as CEO

Resorts World Las Vegas has appointed Senior Vice President and Chief Financial Officer Peter LaVoie as its new CEO, following the departure of President and COO Scott Sibella, who exited the resort for “violating company policies and the terms of his employment.”

On Friday, Resorts World released the following statement: “Resorts World Las Vegas today announced that President and Chief Operating Officer Scott Sibella has left the company, effective immediately. This action comes after the company was recently made aware that Mr. Sibella violated company policies and the terms of his employment.”

“Peter LaVoie, most recently the company’s Senior Vice President and Chief Operating Officer, will serve as president. Peter’s extensive experience and expertise make him the right person to lead Resorts World Las Vegas through this transition,” the e-mail statement further detailed.

Before joining RW Las Vegas, Sibella was president of MGM Grand for eight years. When he started at Resorts World in the summer of 2019, the opening was pushed back another year and he brought in executives with gaming experience.

It is yet unclear whether Sibella’s departure is related to a yearlong investigation by the Nevada Gaming Control Board, although it must be noted Sibella was cleared by the Board of wrongdoing. Regulators began reviewing information the Control Board received in April 2021 about allegations that Brandon Sattler, a customer who said he knew Sibella, made in a sworn deposition in a fraud litigation lawsuit.

LaVoie, a former MGM executive like his predecessor, spent 22 years in various financial roles with that company’s properties up and down the Strip. 

The 3,500-room and $4.3 billion Resorts World is owned by Genting, a Malaysia-based giant in gaming and other business ventures. Genting owns properties in Asia and a New York City casino.