Gold Strike Resorts
Gold Strike Resorts was a family of gaming companies based in Jean, Nevada.
| Type | Private |
|---|---|
| Industry | Gaming & hospitality |
| Fate | Acquired by Circus Circus Enterprises |
| Defunct | 1995 |
| Headquarters | Jean, Nevada, U.S. |
History
In 1994, Gold Strike announced a partnership with Mirage Resorts to build a $250-million casino targeted at budget-conscious visitors, on part of the site of the demolished Dunes golf course on the Las Vegas Strip.[1] It ultimately opened in 1996, following the merger, as the Monte Carlo.[2]
It was acquired in 1995 by Circus Circus Enterprises for $450 million in cash and stock.[3] The acquisition did not include the original Gold Strike near Boulder City, because the owners wanted to pass it on to their children.[4]
List of properties
- Gold Strike Hotel and Casino — Boulder City, Nevada
- Gold Strike Hotel and Gambling Hall — Jean, Nevada
- Grand Victoria Casino — Elgin, Illinois (50% ownership with Hyatt)
- Monte Carlo, Paradise, Nevada (50% owner in partnership with Mirage Resorts)
- Nevada Landing Hotel and Casino — Jean, Nevada
- Railroad Pass Hotel and Casino — Henderson, Nevada
Former properties
References
- Yoshihashi, Pauline (May 12, 1994). "Mirage, Gold Strike sign pact to build a low-roller casino on Las Vegas Strip". Wall Street Journal. – via Factiva (subscription required)
- Palermo, Dave. "Monte Carlo debuts". Las Vegas Review-Journal. – via Factiva (subscription required)
- "Circus Circus-Buy -2-: Ensign Named Vice Chmn, Oper Chief". Dow Jones News Service. June 1, 1995. – via Factiva (subscription required)
- Vogel, Ed (May 23, 1995). "Merger plan gets approval". Las Vegas Review-Journal. – via Factiva (subscription required)
- Vogel, Ed (December 18, 1992). "Pioneer Club owners will highlight Vegas Vic's appeal". Las Vegas Review-Journal. – via Factiva (subscription required)
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