The report noted Resorts World said Sibella's sudden exit from the company on Friday was 'effective immediately' over 'failing to disclose certain information required under company policies.'
The uncertainty arose after the former head of the MGM Grand casino in Las Vegas, Scott Sibella, was made to step down as president and operating chief of Resorts World. MGM Grand and Resorts World, operators, respectively, of the Empire City Casino in Yonkers and the Resorts World Casino at the Aqueduct Race Track in Queens, had been the frontrunners to win the licenses in a state-run process that's slated to conclude next spring, reported New York Post.
Chances of MGM Resorts International (NYSE:MGM) to win two of the three coveted full-scale casino licenses in New York city has reportedly become complicated after an alleged bookmaking scandal that's unfolding in Las Vegas.
