Number of CEOs from prominent Las Vegas gambling corporations and their annual earnings in the past year.
The Skinny on Casino Bosses' Payouts
- dirtbag newsflash *
Peep the whopping earnings of gambling industry bigwigs, as reported by the Las Vegas Review Journal, using public data.
This fan-fricking-tastic article dished the CEOs' 2023 base salaries and the total compensation - a healing sum that counts on stock options, bonuses, and other perks, frequently escalating the salary figure itself.
Here are the juicy digits:
- Robert Goldstein, CEO of Las Vegas Sands Corp., showcases a base salary of $3 million and a total compensation of $21.9 million.
- Thomas Reeg, CEO of Caesars Entertainment, grabs $2 million and a total compensation of $18.6 million.
- Bill Hornbuckle, CEO of MGM Resorts International, weighs in with $2 million base and a hefty $17 million overall.
- Craig Billings, CEO of Wynn Resorts, banks $2 million base, climbing up to $16.2 million.
- Jay Snowden, CEO of Penn National Gaming, pockets $1.8 million and golf ball-sized total compensation of $15.5 million.
- Keith Smith, CEO of Boyd Gaming, takes home $1.55 million for base and a zippy $11.4 million.
- Robeson Reeves, CEO of Bally's Corp., cashes in on $1.1 million for base and $4.54 million jackpot.
- Blake Sartini, CEO of Golden Entertainment, accumulates $1.05 million base and pocket change of $6.1 million.
- Frank Fertitta III, CEO of Red Rock Resorts, snags $1 million for base and a tiny morsel of $3.5 million.
Bonus Insights
- For the full monty on Bill Hornbuckle's compensation, his total payout was $17 million in 2023, with a base salary of $2 million; the remainder coming from bonuses, stock options, or other benefits[2].
- In industries resembling gambling, CEOs often receive a substantial portion of their compensation in bonuses, stock options, and the like, tied to performance metrics[1][4].
- Generally, CEO total compensation is significantly higher than base salary, thanks to performance-based bonuses, equity grants, and other goodies that ensure executives' interests align with shareholder value and company performance.
More detailed financial statements or 2023 reports for Robert Goldstein, Thomas Reeg, Craig Billings, Jay Snowden, Keith Smith, Robeson Reeves, Blake Sartini, and Frank Fertitta III would unveil their full total compensation packages. Catch you later, Guv'nor!
- What are the salaries of CEOs in the gambling industry, as reported by the Las Vegas Review Journal? The details include base salaries and total compensation.
- Bill Hornbuckle, CEO of MGM Resorts International, received a total compensation of $17 million in 2023, which includes a base salary of $2 million.
- In the gambling industry, CEOs often receive a substantial portion of their compensation in bonuses, stock options, and other benefits tied to performance metrics.
- The total compensation of CEOs in the gambling industry is frequently higher than their base salary, due to performance-based bonuses, equity grants, and other perks.
- Executive compensation in industries similar to gambling often consists of a base salary along with bonuses, stock options, and other benefits, ensuring that executives' interests align with shareholder value and company performance.
