The Hard Rock’s president and , was found dead inside his home Tuesday of an apparent self-inflicted gunshot wound.

In a statement, Hard Rock officials say they were quote, “extremely saddened by the loss of Randy, and our hearts and prayers go out to the family.”

Authorities are still investigating the death. Randy had joined Morgans Hotel Group in 2006, and became chief executive of the Hard Rock after Morgans bought the hotel and casino east of the Strip a year later.

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