Gold Strike Resorts

Gold Strike Resorts

Former type	Private
Industry	Gaming, hospitality
Fate	Acquired by Circus Circus Enterprises
Defunct	1995
Headquarters	Jean, Nevada

Gold Strike Resorts was a family of gaming companies based in Jean, Nevada.

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

• Pioneer Club — Las Vegas, Nevada^[5]

References

1. 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)
2. Palermo, Dave. "Monte Carlo debuts". Las Vegas Review-Journal.  – via Factiva (subscription required)
3. "Circus Circus-Buy -2-: Ensign Named Vice Chmn, Oper Chief". Dow Jones News Service. June 1, 1995.  – via Factiva (subscription required)
4. Vogel, Ed (May 23, 1995). "Merger plan gets approval". Las Vegas Review-Journal.  – via Factiva (subscription required)
5. Vogel, Ed (December 18, 1992). "Pioneer Club owners will highlight Vegas Vic's appeal". Las Vegas Review-Journal.  – via Factiva (subscription required)