RWLV announces leadership change amid policy violation

Scott Sibella, the founding president of Resorts World Las Vegas (RWLV), a $4 billion establishment owned by Genting Berhad, has tendered his resignation over allegations of breaching corporate policies.

After uncovering instances of policy infractions and breaches of job terms, RWLV released a statement to the media on Sibella’s immediate termination. Though, the RWLV organization did not furnish explicit details pertaining to the particular nature of the policy infractions.

Sibella’s departure has been subject to speculation by local media, maybe linked to an ongoing inquiry conducted by the Nevada Gaming Control Board (NGCB) on the association between RWLV and David Stroj, a convicted bookmaker. RWLV had taken the initiative to provide information that suggested the possibility of Stroj’s involvement with a restaurant located on the premises, which was under the management of Stroj’s father. Significantly, the aforementioned restaurant terminated its operations in the year 2022, and in the month of February of the current year, the NGCB exonerated Sibella from all allegations of misconduct.

Peter LaVoie, who formerly held the position of Senior Vice President and Chief Financial Officer within the organization, is set to take on the job of President.

Prior to his affiliation with RWLV, Sibella held the esteemed position of President at MGM Grand for a duration of eight years. He is acknowledged for successfully introducing contactless wagering to the Las Vegas Strip establishment. Furthermore, his efforts played a crucial role in the establishment of a strategic alliance with Hilton Hotels, resulting in the expansion of the RWLV portfolio to include esteemed brands such as Hilton, Conrad, and Crockfords.

Peter LaVoie, who assumed the position following Sibella, has held the function of Chief Financial Officer since March 2020. He possesses a wealth of knowledge derived from his prior senior executive positions at MGM Resorts. The facility exhibits potential for sustained growth and achievement within the gambling and hotel sectors as RWLV manages the process of transitioning its leadership.

Original story by: IAG