Resorts World Las Vegas Executive Shakeup Hints at Operational Revamp

Resorts World Las Vegas unveiled a major leadership overhaul Thursday, May 8^th, as part of its strategic evolution. CEO Alex Dixon, appointed in January 2025, will transition to a senior advisor with the board of directors. The exit aligns with broader restructuring plans targeting operational revival and expansion. Carlos Castro, who joined as the resort’s COO/CFO in February 2025, will ascend to dual roles as President and CEO. The resort framed the shakeup as a decisive move to “capitalize on emerging opportunities” and rebuild regulatory trust after recent operational challenges.

Leadership Transition Details

Resorts World emphasized Castro’s operational imprint in the announcement, stating he has driven talent acquisition in compliance, international marketing, and food and beverage. The company highlighted his hospitality finance background as critical for navigating growth targets.

Dixon’s advisory role will center on strategic partnerships as he shifts into the advisory role. Resorts World noted his continued involvement in enterprise projects is vital to long-term expansion. The reshuffle aligns with broader efforts to stabilize operations after recent turbulence, with the company declaring on social media, “Our best days are around the corner, and this is the next phase in our evolution.”

Post-Scandal Reforms

Resorts World leadership reshuffling follows years of turbulence tied to a 2023 illegal betting scandal. It was resolved in March with a record US$10.5 million settlement to the Nevada Gaming Commission Board. While state regulators closed their case, federal disciplinary options remain open.

The property has changed its executive ranks since the scandal, starting with the 2023 exit of President and COO Scott Sibella, followed by the departure of executives Doni Taube and Richard Corbett in 2024. Governance reforms now feature a board chaired by ex-MGM Resorts CEO Jim Murren, former NGCB chair A.G. Burnett, and ex-Nevada Governor Brian Sandoval.

Last month’s onboarding of inaugural chief compliance officer Jennifer Roberts underscores tightened oversight at the company, with Murren noting, “This has been a year of transitions. We believe we have the best leadership in place.”

More Reinforcements

On top of appointing a new CEO, Resorts World has brought in hospitality veteran Josef Wagner as Senior Vice President of Food & Beverage. He boasts two decades of experience from MGM Bellagio, which the company hopes will overhaul culinary offerings. “Having worked as a restaurant executive for iconic properties across Las Vegas, I am excited to take on this role at Resorts World and help elevate the property’s offerings to new heights.”