Gold Strike Resorts was acquired in 1995 by Circus Circus Enterprises for $450 million in cash and stock. It ultimately opened in 1996, following the merger, as the Monte Carlo. 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. Ensign was the father of Senator John Ensign and had connections to competitor Circus Circus Enterprises. Belding and Richardson acquired their shareholdings from their fathers Don Belding and Jack Richardson, while Ensign bought out third owner O.L. ![]() ![]() The company's history can be traced to 1977, when David Belding, Michael Ensign, and William Richardson purchased the Gold Strike Hotel and Casino near Boulder City, Nevada. Gold Strike Resorts was a family of gaming companies based in Jean, Nevada.
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