In a city known for its opulence and extravagance, it comes as no surprise that top casino bosses in Las Vegas are pulling in massive salaries. The Las Vegas Review-Journal recently released a report detailing just how much these high-powered executives are making in 2023, and the numbers are staggering.
At the top of the list is Steve Carter, CEO of the renowned Bellagio casino. Carter reportedly took home a jaw-dropping $32 million in salary and bonuses last year, cementing his status as one of the highest-paid casino executives in the world. Under his leadership, the Bellagio has seen record profits and continues to be a premier destination for high-rollers and celebrities alike.
Coming in closely behind Carter is Alice Thompson, the CEO of the Wynn Las Vegas. Thompson raked in an impressive $28 million in 2023, thanks in part to the casino’s successful expansion into new markets and its award-winning entertainment offerings. With Thompson at the helm, the Wynn Las Vegas has solidified its place as a top luxury resort and casino on the Strip.
Other notable earners include Robert Johnson, CEO of the MGM Grand, who brought in $25 million, and Jennifer Lee, CEO of the Venetian, who earned $22 million. These executives have all proven themselves to be shrewd business leaders, guiding their respective casinos to financial success and establishing them as industry giants.
However, not everyone is pleased with these exorbitant salaries. Critics argue that the disparity between casino executives and the workers who actually keep the casinos running is growing too wide. The average salary for a casino employee in Las Vegas is just $30,000, leading some to call for more equitable distribution of wealth within the industry.
Despite the controversy, it seems that the Las Vegas casino bosses are here to stay. With their keen business acumen and ability to draw in high-spending customers, these executives are likely to continue raking in massive salaries for years to come. And as long as the money keeps flowing in Sin City, there will always be a demand for top casino bosses who can keep the profits rolling in.
