Randy Kwasniewski, president of Morgans Hotel Group in Las Vegas and chief operating officer of Hard Rock Hotel, has been found dead in his home from an apparent self-inflicted gunshot wound.

Kwasniewski’s body was discovered at his home in north-west Las Vegas by his wife on Tuesday morning. Reports indicate that police are treating the 55-year-old’s death as a suspected suicide.

Fred Kleisner, chief executive officer of Morgans Hotel Group, said: "I’ve known and worked with Randy since 1995. He was not just one of my colleagues and a leader of our company, he was my friend. I know few hotel and casino executives who have the knowledge, focus and work ethic that Randy possessed. I will miss him.

"All of us at Morgans are deeply saddened by the passing of Randy. I know I speak for everyone when I say we all mourn his loss. Randy was a dedicated husband and father, a friend to many of us and a valued colleague. Our hearts and prayers go out to his family."

Kwasniewski joined Morgans Hotel Group in October 2006, having worked in the hotel industry for 30 years. Before joining Morgans, he served as senior vice president of Starwood Capital Group.