Patrick Crockett
Las Vegas,United States
Summary
Dynamic financial expert with over 20 years of extensive experience as a Vice President of Finance and Analysis in the casino and hospitality industry. Proven track record of driving EBITDA beyond $700 million through adept financial projections, cash flow modeling, and operational strategy, while effectively managing large finance teams. Demonstrated success in enhancing profit margins and leading substantial projects, including the launch of a $4.5 billion resort. Prepared to leverage unique skills to provide exceptional financial insight and value, ensuring alignment of strategies with organizational goals.
Overview
35
35
years of professional experience
Work History
Consultant
Sariton Development Group (SDG)
01.2025 - Current
- Procured a multi-family developer for the project
- Assisted with sourcing debt and equity investors
- Executed cash flow modeling
- Engaged with key personnel for the Gaming company that owns the Strip resort
Consultant
Maddox Hospitality
06.2024 - 12.2024
- Consulted on various projects, including financial projections for a Bally’s Resort at Tropicana and Las Vegas Blvd
VP Casino Marketing Administration
Wynn Macau
09.2013 - 06.2024
- Formulated and implemented strategies to maximize profits in Mass TG and Slot operations
- Established a Host Incentive program to reward hosts based on performance
- Significantly enhanced gaming contribution per occupied room night
- Made the Player’s Club more competitive
- Recommended capital projects to optimize gaming results
Consultant
Oak View Group
06.2022 - 12.2023
- Advised Oak View Group on a proposed Integrated Resort on South Las Vegas Blvd that would feature an NBA-ready arena and a mixed-use hotel/casino
- Developed gaming and non-gaming projections
SVP - Finance
Wynn Macau
03.2018 - 01.2020
- Oversaw the Finance division comprising over 300 employees
- Generated monthly financial statements, managed cash requirements, and supervised consolidated accounting departments (AP, AR, Payroll, non-gaming audits)
- Collaborated with fellow Operating Committee members to drive financial outcomes at the property, culminating in annual revenues exceeding $2B and EBITDA surpassing $700M
VP Finance
Wynn Palace
07.2014 - 02.2018
- Managed multiple Finance/Accounting departments
- Played a key role in the pre-opening team for a $4.5B resort, ensuring a seamless launch
- Reduced post-opening operating expenses to enhance profit margins
- Provided strategic guidance to improve Mass TG performance
- Revised property-level financial statements to enhance their utility for operators and senior management
CFO
SLS Hotel
02.2013 - 07.2013
- Directed all Finance/Accounting functions for a rebranded property on LVB
- Interfaced with private equity owners and the owner of the SLS brand, supporting the property President during the reopening
VP Finance at Crystals Retail
MGM/Mirage Resorts
01.2011 - 12.2012
- CityCenter
VP Finance Development
MGM/Mirage Resorts
03.2005 - 12.2010
- CityCenter
VP Finance
MGM/Mirage Resorts
07.2003 - 02.2005
- Bellagio
Operations Evaluation Controller
MGM/Mirage Resorts
02.1998 - 06.2003
- Bellagio
Various positions in Finance
MGM/Mirage Resorts
06.1991 - 01.1998
- The Mirage
Education
BS - Accounting
UNLV
Las Vegas, United States01.1987
BS - Corporate Finance
UNLV
Las Vegas, United States01.1985
Skills
- Data analysis using spreadsheets
- Strategic leadership
- Collaborative teamwork
- Agile problem solving
Timeline
Consultant
Sariton Development Group (SDG)
01.2025 - Current
Consultant
Maddox Hospitality
06.2024 - 12.2024
Consultant
Oak View Group
06.2022 - 12.2023
SVP - Finance
Wynn Macau
03.2018 - 01.2020
VP Finance
Wynn Palace
07.2014 - 02.2018
VP Casino Marketing Administration
Wynn Macau
09.2013 - 06.2024
CFO
SLS Hotel
02.2013 - 07.2013
VP Finance at Crystals Retail
MGM/Mirage Resorts
01.2011 - 12.2012
VP Finance Development
MGM/Mirage Resorts
03.2005 - 12.2010
VP Finance
MGM/Mirage Resorts
07.2003 - 02.2005
Operations Evaluation Controller
MGM/Mirage Resorts
02.1998 - 06.2003
Various positions in Finance
MGM/Mirage Resorts
06.1991 - 01.1998
BS - Corporate Finance
UNLV
BS - Accounting
UNLV
Personal Information
Title: VP