In an unusual twist on executive compensation, a part of The Cosmopolitan of Las Vegas CEO John Unwin’s pay “is designed to reward the successful sale and disposition (of the hotel) in the time frame desired by the board,” company documents filed with the Securities and Exchange Commission reveal.
Casinos & Gaming
Steve Wynn remains skeptical about business opportunities available online and the role the Internet will play within the gaming industry.
Billionaire Sheldon Adelson was paid $11.4 million as chief executive of casino developer Las Vegas Sands Corp in 2010, double his 2009 pay thanks to receiving his first cash bonus in three years, according to an Associated Press analysis of a regulatory filing submitted Friday.