Never one known for restraint, Vice Media's Shane Smith may now have outdone even himself.
Mr. Smith, the chief executive of the provocative news and entertainment group, spent $300,000 for a dinner at the Prime Steakhouse at the Bellagio in Las Vegas during the International CES trade show in January, according to one person who was at the party and another one who knew about it.
Mr. Smith, whose company closed financing last September that valued it at $2.5 billion, paid for the meal personally. More than 30 people were at the dinner, including friends, other Vice executives and staff members and directors like Tom Freston, a founder and former chief executive of MTV who later went on to run Viacom, according to a person who attended the event.
Liquor flowed freely, with some bottles of wine costing more than $20,000, according to the people. The most expensive food item on the menu at the Prime Steakhouse, a Jean-Georges Vongerichten restaurant, is a 28-ounce bone-in rib eye for $85.
To foot the bill, Mr. Smith dipped into his more than $1 million in winnings from gambling, especially at the blackjack table, during the week, the people said.
News of the meal, which was first reported by Bloomberg, surfaced after executives at MGM Resorts International mentioned the outsize dinner bill during a company conference call on Tuesday. They cited it in response to a question from an analyst about how spending at the casino now compares with levels before the recession. MGM did not identify Mr. Smith as the guest who had hosted the dinner.