Resorts World Las Vegas appointed hospitality industry veteran Carlos Castro as chief operating officer and CFO, the company announced Thursday.
In his new role, Castro will lead the Las Vegas Strip resort’s financial strategy, operations and long-term growth initiatives, including expanding offerings and guest experiences, according to Resorts World Las Vegas.
Castro brings experience in hospitality finance and operations to his new role, having held senior leadership positions at Hilton, Caesars Entertainment and MGM Resorts International. Castro most recently served as senior vice president and CFO at Aria Resort and Casino in Las Vegas, according to his LinkedIn profile.
“Carlos brings extensive financial and operational expertise that will be invaluable as we continue to elevate Resorts World Las Vegas,” said Alex Dixon, CEO of Resorts World Las Vegas, who was named to the role in December. “His leadership will play a key role in driving financial performance, enhancing operational efficiencies, and positioning the property for sustained growth and innovation.”
Castro’s appointment comes at “a pivotal time” for Resorts World Las Vegas, according to Jim Murren, chairman of the board of directors for Resorts World Las Vegas, who was appointed in December.
The resort is restructuring its leadership after facing a flurry of regulatory and financial challenges in 2024, including having the worst financial quarter in two years in the third quarter of 2024, according to multiple reports from The Las Vegas Review-Journal.
The recent appointments are meant to “bolster the property’s governance structure to help drive the go-forward business strategy,” Resorts World Las Vegas said in a December statement.