Pay gap widens between casino CEOs, average casino workers
The pay gap between CEO and median employee is growing. The ratio increased at four of the six largest Nevada-based casino operators during the pandemic. CEO Bill Hornbuckle earned more than $14 million in 2020. He traded his base salary for company shares to keep casinos open. It was meant to help the company in “maintaining and bolstering its liquidity position” and ‘enable it to continue to fund its obligations for the foreseeable future.’ . The company had nearly 76,000 employees in October 2017.
The Review-Journal is owned by the family of Sheldon Adelson, the late chairman and CEO of Las Vegas Sands Corp.