The odds in a closely watched race for three lucrative casino licenses in New York City is getting rejiggered, which is partly due to an alleged bookmaking scandal in Las Vegas, Josh Kosman and Carl Campanile of The New York Post reports. Until last week, MGM Grand and Resorts World (MGM) had been considered shoo-ins to win two of the three full-scale casino licenses. However, those chances may have been upended following news that former head of MGM Grand casino in Las Vegas Scott Sibella has been ousted. After federal agents probed employees at MGM Grand, it was discovered Sibella had been using company assets to pay off gambling debts. Casino giants Caesars Entertainment (CZR), Wynn Resorts (WYNN), and Las Vegas Sands (LVS) are also among those battling for the three licenses.
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