Robert Baldwin Mgm
5, 2018 - MGM Resorts International (NYSE: MGM) ('MGM Resorts') today announced that Robert Baldwin, Chief Customer Development Officer of MGM Resorts and CEO and President of CityCenter, will be leaving his positions at both companies later this year. Few have played a more central role in the growth and transformation of. Separation Agreement and Complete Release of Claims, between MGM Resorts International and Robert H. Baldwin, dated October 10, 2018. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. As Former Chief Customer Development Officer at MGM RESORTS INTERNATIONAL, Robert H. Baldwin made $4,844,077 in total compensation. Of this total $1,567,500 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $3,276,577 came from other types of compensation. PRNewswire LAS VEGAS MGM MIRAGE (NYSE: MGG) announced today that J. Terrence Lanni has formally assumed the position of Chief Executive Officer in addition to his role as the Company's Chairman. Wade has been named Vice Chairman of the Company and John Redmond President and Chief Executive Officer of MGM Grand Resorts. Robert Baldwin, President and Chief Executive.
Gambling legend and long-time Las Vegas gaming executive Bobby Baldwin will soon be out at MGM, according to an announcement from the company late last week. The 1978 World Series of Poker Main Event champion and four-time bracelet winner has been with the company or one that was later acquired by it for about three decades.
The news of Baldwins departure was not originally announced by MGM Resorts International, but rather by the Las Vegas news and happenings blog, Vital Vegas. On early Thursday morning (like middle of the night Thursday morning), Vital Vegas tweeted, “Hear longtime casino executive Bobby Baldwin (Nugget, Mirage, Bellagio, etc.—all under Steve Wynn) departing MGM Resorts. Baldwin has quite a reputation, including as poker player. Won 1978 World Series of Poker Main Event.”
Later that day, Vital Vegas added some intrigued, tweeting, “Two words you won’t see in our local papers’ glowing stories about Bobby Baldwin and his MGM Resorts departure: Forced out.”
MGM did confirm the news on Thursday, after Vital Vegas broke it, putting out the short press release:
LAS VEGAS, Oct. 4, 2018 /PRNewswire/ — MGM Resorts International (NYSE: MGM) (“MGM Resorts”) today announced that Robert Baldwin, Chief Customer Development Officer of MGM Resorts and CEO and President of CityCenter, will be leaving his positions at both companies later this year. Few have played a more central role in the growth and transformation of the gaming industry than Bobby, and his contributions over more than three decades are immeasurable.
MGM Resorts thanks Bobby for all he has done for the company and all he has meant to this industry and wishes him the best for the future.
Now, we would never expect the company to expand upon the reasons why Baldwin is leaving and of course it said nothing about him being forced out, but it is certainly curious that a man that has generally been so highly regarded in the industry got such a brief sendoff. I won’t get into the rumors here, as I don’t want to get into anything about someone that I can’t confirm is true, but you can do some quick internet searching to find out.
Adding to the idea, though, that Baldwin’s exit has dubious reasons behind it is the rumor that the famous “Bobby’s Room” high stakes poker area at the Bellagio will soon be renamed. If it is, I think we know that something is up.
When Baldwin won the WSOP Main Event in 1978, he was just 28-years old, at the time the youngest ever to win that tournament. Despite his tournament success, he has not been a frequent tournament player in recent years, sticking to the nosebleed stakes cash games. Baldwin is also renowned as a masterful billiards player and reportedly made bank as a pool hustler back in the day.
Baldwin became a consultant for the Golden Nugget in 1982 and was named president of the casino two years later. In 1987, he took the top position at the Mirage and followed that up as president of the Bellagio in 1998. In 1999, he became CFO of Mirage Resorts, then CEO in 2000. As mentioned in the press release, he is currently Chief Customer Development Officer (CCDO?) of MGM Resorts and CEO and president of CityCenter.
| Bobby Baldwin | |
|---|---|
| Nickname(s) | The Owl |
| Residence | Las Vegas, Nevada, U.S. |
| Born | 1950/1951 (age 69–70)[1] Tulsa, Oklahoma, U.S. |
| World Series of Poker | |
| Bracelet(s) | 4 |
| Money finish(es) | 20 |
| Highest ITM Main Event finish | Winner, 1978 |
| Information accurate as of 12 September 2010. | |
Bobby Baldwin (born c. 1950)[1] is a professional poker player and casino executive. As a poker player, Baldwin is best known as the winner of the 1978 World Series of Poker Main Event, becoming the youngest Main Event champion at that time.
Baldwin was born in Tulsa, Oklahoma,[2] and attended Oklahoma State University in 1970. He currently resides in Las Vegas.[2]
He married Audra Hendley on August 2, 2012, at their Southern Highlands home.
Poker career[edit]
Baldwin won his first two bracelets at the 1977 World Series of Poker, first winning the $10,000 Deuce to Seven Draw event, then winning the $5,000 Seven Card Stud event.
Baldwin won his largest tournament prize in 1978 when he won the WSOP Main Event, earning the title and the $210,000 first prize. He defeated a final table that included professional poker players Ken Smith, Jesse Alto, Buck Buchanan, WSOP bracelet winner Louis Hunsucker, and businessman Crandall Addington, whom Baldwin defeated in heads-up play.
When Baldwin won the 1978 World Series of Poker Main Event at age 28, he became the youngest winner in its history, to be superseded by Stu Ungar in 1980, Phil Hellmuth in 1989, Peter Eastgate in 2008, and Joe Cada in 2009.
In 1979, he won the $10,000 Deuce to Seven Draw event again, earning his fourth and most recent bracelet at the WSOP. Baldwin also competed in the Super Bowl of Poker tournaments, organized by 1972 world champion Amarillo Slim. Baldwin cashed in several SBOP events and won the $5,000 Seven Card Stud event in 1979.
His major wins include four WSOP bracelets, all won from 1977 to 1979. He won WSOP bracelets in three consecutive years (1977, 1978, and 1979) which only a small number of players have done in the history of the WSOP. In addition to his 1978 victory, Baldwin's other WSOP Main Event cashes are: 1981 (7th), 1986 (16th), 1987 (21st), 1991 (29th), 1992 (15th), 1994 (24th), and 2009 (352nd).
In 2003, Baldwin was inducted into the Poker Hall of Fame.
Robert Baldwin Mgm Entertainment
His last live cash came in the 2012 World Series of Poker in the Big One for One Drop.
Career as casino executive[edit]
In 1982, he became a consultant for the Golden Nugget casino, and in 1984 was named the president. He was selected to head The Mirage in 1987, and was named as the president of the Bellagio hotel and casino in 1998.
In 1999–2000, he was the chief financial officer of Mirage Resorts under Steve Wynn; in 2000, upon the merger of Mirage Resorts and MGM Grand, he became the chief executive officer of the Mirage Resorts subsidiary of MGM Mirage.
In 2005, after the acquisition of Mandalay Resort Group by MGM Mirage, Baldwin became CEO and President of the announced Project City Center, while continuing his responsibilities as CEO of the Mirage Resorts subsidiary. Baldwin now oversees additional resorts added through the Mandalay Resort Group buyout as well as the previous Wynn properties.
In 2018, following a lengthy tenure as Chief Customer Development Officer of MGM Resorts and CEO and President of CityCenter, MGM announced that Baldwin would leave both positions by the end of 2018.[3]
Other interests[edit]
In addition to poker, Baldwin is also known as a world class billiards player. Baldwin and his playing style are the subject of a book entitled Bobby Baldwin's Winning Poker Secrets, which was written by Mike Caro. Baldwin has written many columns on poker and he authored a section for Doyle Brunson's Super/System. His own book Tales Out of Tulsa, a poker guide for novices, was published in 1985.
The high-stakes signature poker room in the Bellagio is named 'Bobby's Room' after Baldwin.
As of 2012, his total live tournament winnings exceed $2,300,000.[4] His 20 cashes at the WSOP account for $2,100,311 of those winnings.[5]
World Series of Poker bracelets[edit]
Robert Baldwin Mgm News
| Year | Tournament | Prize |
|---|---|---|
| 1977 | $10,000 Deuce to Seven Draw | $80,000 |
| 1977 | $5,000 Seven-Card Stud | $44,000 |
| 1978 | $10,000 No Limit Hold'em World Championship | $210,000 |
| 1979 | $10,000 Deuce to Seven Draw | $90,000 |
Notes[edit]
- ^ abMGM Mirage's 2006 proxy statement, filed on April 30, 2006, recorded Baldwin's age as 55
- ^ abWhere Are They Now - Bobby BaldwinArchived October 28, 2018, at the Wayback Machine, March 24, 2008, Contributed by: Billy Monroe, pokerworks.com
- ^'Does Bobby Baldwin's Departure Mean MGM Is Leaving Poker Behind?'. October 5, 2018. Retrieved October 23, 2018.
- ^Robert Baldwin tournament results, Hendon Mob Poker Database
- ^World Series of Poker EarningsArchived July 12, 2009, at the Wayback Machine, worldseriesofpoker.com