Mandalay Resort Group (formerly Circus Circus Enterprises ) was an American hotel and casino operator based in Paradise , Nevada . Its major properties included Mandalay Bay , Luxor , Excalibur and Circus Circus , as well as half of the Monte Carlo . In terms of market capitalization, it was one of the largest casino operators in the world. Its stock traded on the New York Stock Exchange with the ticker symbol "CIR" and "MBG".
41-599: Circus Circus is used as the name for: Casinos [ edit ] Circus Circus Atlantic City, a defunct hotel and casino project, Atlantic City, New Jersey Circus Circus Enterprises, later Mandalay Resort Group , a casino operator Circus Circus Las Vegas , owned by Phil Ruffin Circus Circus Reno , owned and operated by Caesars Entertainment Circus Circus Tunica, now Gold Strike Tunica , Mississippi Music [ edit ] Circus Circus (1900s band) ,
82-639: A $ 525-million offer for its interest in MotorCity from Marian Ilitch , the casino's second largest shareholder. Excalibur Hotel and Casino Excalibur Hotel and Casino is a casino hotel on the Las Vegas Strip in Paradise, Nevada , in the United States . It is owned by Vici Properties and operated by MGM Resorts International . The resort features a medieval castle theme and
123-571: A band that lasted from 1979 to 1981 and featured Blackie Lawless Circus Circus (2000s band) , a Post Hardcore band Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Circus Circus . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Circus_Circus&oldid=1169324745 " Category : Disambiguation pages Hidden categories: Short description
164-448: A deal with the county on the sewer infrastructure such a large project would have required. Circus Circus Enterprises purchased the vacant site in May 1988, and announced plans a month later to build a castle-themed resort on the land. The company held an international contest to determine the name of the new resort. More than 180,000 entries were made, and the winning name, "Excalibur",
205-608: A medieval-themed show featuring sword fights and jousting , is the longest-running dinner show on the Strip. The Excalibur occupies approximately 50 acres (20 ha), located along the Las Vegas Strip at the southwest corner of the Tropicana – Las Vegas Boulevard intersection . The property was once the proposed site of the Xanadu , a 1,730-room resort announced in 1975. The Xanadu was never built, as its developers could not secure
246-654: A show featuring acrobats, opened in March 2019. It was performed in a 3,800 sq ft (350 m ) on-site tent, with a standing-only capacity of 950 people. The show was signed for a six-month run, but ended a month after its debut, due to poor ticket sales; each performance had an average of only 50 guests. In 2003 and 2004, the Excalibur was used as a filming location for the television program Fear Factor . The 2004 video game Grand Theft Auto: San Andreas features fictional resorts based on those located along
287-535: A time when the casino was experiencing financial difficulties. The original majority owners of CCE were William Pennington , a former oil lease speculator and William Bennett , a former furniture salesman and the manager of The Mint Las Vegas casino. Circus Circus Enterprises purchased the Silver City Casino and Slots-A-Fun Casino in 1979 for $ 30 million, then refurbished both the interior and exterior. The company went public in 1983 and traded on
328-565: A wrestling-themed restaurant at the resort. The $ 2 million WCW Nitro Grill opened in May 1999, and operated for 16 months, featuring regular appearances from professional wrestlers during that time. In 2007, Dick's Last Resort opened an 11,000 sq ft (1,000 m ) location at the Excalibur. The band Lynyrd Skynyrd would also license its name to a new restaurant at the resort. Lynyrd Skynyrd BBQ & Beer opened in December 2011, along with American Burger Works, both managed by
369-546: Is different from Wikidata All article disambiguation pages All disambiguation pages Mandalay Resort Group The company was originally known as Circus Circus Enterprises and originated with Jay Sarno 's 1968 opening of the Circus Circus as well as a Circus Circus in Reno, which opened in 1978. The company incorporated as Circus Circus Enterprises (CCE) in 1974 to purchase Circus Circus from Sarno at
410-399: Is named after King Arthur 's mythical Excalibur sword. Property features include a 92,389 sq ft (8,583.2 m ) casino, a 28-story hotel with 3,981 rooms, and various restaurants. The $ 290 million property was developed by Circus Circus Enterprises . The castle theme was conceived by company founder William Bennett , and the resort was designed by Veldon Simpson . Bennett and
451-428: Is the Strip's longest-running dinner show, and also one of its longest-running shows in general. The Excalibur is the world's top buyer of Cornish game hens, having served 6.7 million of them through the show from its original opening in 1990 through 2018. In 1993, the resort debuted a three-story animatronic dragon, part of a show in which it faced off against a mechanical statue of Merlin . The show took place at
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#1732781103924492-650: The Circus Circus resort in Las Vegas, while still targeting the same family demographic. Family friendly attractions included an arcade, an indoor medieval-themed midway , and motion simulator rides taking place in two theaters, each seating 48 people. South of the Excalibur are two other MGM properties, the Luxor and Mandalay Bay . The three resorts are connected via the Mandalay Bay Tram . Of
533-564: The Excalibur in 1990, the Luxor in 1993 and the Mandalay Bay in 1999 for which the group was renamed. The group entered into a joint venture in 1993 with Don Carano of Eldorado in Reno to develop and build Reno's largest and tallest megaresort titled Silver Legacy . The $ 350 million hotel opened on July 28, 1995. Circus Circus Enterprises held a majority stake in that Reno resort. Circus Circus Tunica opened on August 29, 1994. It
574-532: The Gold Strike Hotel and Gambling Hall , Nevada Landing Hotel and Casino , Railroad Pass Hotel and Casino and 50% of the under-construction Monte Carlo Resort and Casino . The acquisition did not include the original Gold Strike near Boulder City , because the owners wanted to pass it on to their children. In 1995, Circus Circus purchased the Hacienda from Archon Corporation . By this time,
615-422: The Excalibur removed its live poker dealers and replaced them with automated tables manufactured by Pokertek , through a deal that lasted 10 months. The new tables appealed primarily to a lower-paying clientele and beginners, prompting the resort to bring back live poker, which was preferred by experienced players and those willing to spend more. Upon its opening, Bennett described the Excalibur as an upgrade from
656-588: The Excalibur, along with many other MGM properties, was transferred to MGM Growth Properties in 2016. Vici Properties acquired MGM Growth and its properties in 2022, while MGM Resorts continues to operate them under a lease agreement. The medieval castle theme was conceived by Circus Circus founder William Bennett , and the resort was designed by Veldon Simpson . Bennett studied old castle renderings, and he and Simpson visited castle sites in England and Germany for design inspiration. Simpson's Excalibur design
697-527: The Excalibur. The Excalibur has featured two medieval-themed shows since its opening, both taking place in a 900-seat dinner theater. Jousting has been a signature aspect of both shows. Performances take place in a dirt arena, and meals are served medieval-style, without utensils. The original show, King Arthur's Tournament , included 45 actors and 15 horses upon its opening. The show closed in January 1999, after approximately 5,600 performances. It
738-532: The Hacienda was dwarfed by the many new megaresorts that were being built, in particular the Luxor , which had just been recently completed. On December 10, 1996, the Hacienda was closed to the public after 40 years, and imploded later that month. This implosion was broadcast on the Fox Network as a part of their New Year's Eve 1996 telecast. Despite the implosion, parts of the old resort still stood, due to
779-483: The New York Stock Exchange. The company's properties found success in the 1980s offering a Las Vegas experience to families subsequently experimented upon by its competitors. Its converted Circus Circus (originally developed for the upmarket) and later Excalibur properties offered gaming opportunities for adults and separate non-gambling games and theme-park-style experiences for underage visitors under
820-504: The Strip, continuing a trend started by the Mirage in 1989. On March 21, 2003, Josh Ford of Los Angeles hit the largest Megabucks Jackpot to date of US$ 39.7 million at Excalibur. Circus Circus Enterprises became Mandalay Resort Group in 1999, and ownership of the Excalibur was passed to MGM Mirage in 2005, after it acquired the company. The resort's new owner was subsequently renamed MGM Resorts International in 2010. Ownership of
861-604: The Thunderland Showroom, with seating expanded to 425. Magician Hans Klok began performing in the space later that year, sharing it with Thunder from Down Under and the Bee Gees show. Amid the COVID-19 pandemic , Klok departed the property in 2020, as he felt that pandemic-related restrictions would hinder revenue. Magician Mac King took his place in 2021, starring in a comedy magic show. Other shows at
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#1732781103924902-425: The building not falling into its footprint, but toppling into its parking lot. The next day a wrecking crew was brought in to bring down the remaining parts. In March 1999, it was replaced by the Mandalay Bay . The group was also a partner with Mirage Resorts on the 1996 opening of the nearby Monte Carlo Resort and Casino . Circus Circus Enterprises closed the Silver City Casino on October 31, 1999. Following
943-423: The cast included up to 38 humans and 11 horses. The show had a total of 30 horses, kept in an air-conditioned facility behind the resort. As of 2010, it was the only show in Las Vegas to feature horses. King Arthur's Tournament had featured female horse riders, although it would not be until 2014 that Tournament of Kings introduced its first female rider. Tournament of Kings is popular among families. It
984-550: The completion of Mandalay Bay in 1999, the name of the company was changed to Mandalay Resorts Group. On December 14, 1999, MotorCity Casino Hotel opened. On May 23, 2002, the Mandalay Resort Group announced a second 1,122-room hotel tower at their Mandalay Bay property, with a cost of at least $ 200 million. Construction began on the tower in September 2002. The name of the tower, THEhotel at Mandalay Bay ,
1025-474: The design team traveled to castles throughout Europe for inspiration. Construction began in October 1988, and the resort opened on June 19, 1990. It was the largest hotel in the world until the opening of the nearby MGM Grand in 1993. The Excalibur has hosted numerous shows, including Thunder from Down Under , which opened in 2002 and is the longest-running male revue in Las Vegas. Tournament of Kings ,
1066-515: The dragon remains intact, hidden beneath the drawbridge. Thunder from Down Under opened at the resort in July 2002, and is the longest-running male revue in Las Vegas. Since 2011, the Thunder from Down Under venue has also been host to The Australian Bee Gees Show , a tribute to the original Bee Gees musical group. The venue originally seated 375 people. It was renovated in 2019 and named
1107-420: The food court housed one of the few McDonald's in the world to vend the soft drink rather than its competitor, Coca-Cola . The McDonald's eventually closed in 2016. Johnny Rockets opened in 2014, taking the space formerly occupied by American Burger Works. Later that year, the resort completed a $ 6 million renovation of its buffet, which seats 610. Fatburger opened its first Strip location in 2022, at
1148-589: The largest hotel in the world . This record was surpassed by the 1993 opening of the MGM Grand , located diagonally across from the Excalibur. A hotel remodeling project began in 2006, and was scheduled to conclude four years later. In accordance with guest feedback, the multi-phase project removed castle-themed elements from the rooms in favor of an understated design. The Excalibur's casino measures 92,389 sq ft (8,583.2 m ). It opened with 2,630 slot machines, and more than 100 table games. In 2008,
1189-513: The moat entrance, and was performed hourly each night. The fire-breathing dragon was created by Alvaro Villa's company, AVG Inc, and took nine months to build. A six-story dragon had previously been considered. The dragon and Merlin effects were generally considered underwhelming. In 2002 and 2003, readers of the Las Vegas Review-Journal named the show as the city's worst attraction. The show ended around 2003, although
1230-567: The resort have included the Royal Lipizzaner Stallions, a group of Lipizzaner horses which performed various maneuvers for spectators during the 1990s. Catch a Rising Star , a chain of comedy clubs, opened a location at the Excalibur in 2001, operating there for nearly three years. The club was added in response to guest feedback. Louie Anderson also performed comedy acts in the resort's showroom, starting in 2006. He entertained there until 2010. Fuerza Bruta ,
1271-438: The same company. The two restaurants operated for nine months, eventually closing due to financial problems. Buca di Beppo opened at the Excalibur in 2011. A year later, the resort debuted its Castle Walk food court, which introduced several eateries not already on the Strip. At 20,000 sq ft (1,900 m ), it was among the largest food courts on the Strip. Because the Excalibur had an exclusive deal with Pepsi ,
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1312-412: The same level of design that you would find in film. If you designed rooms as they literally looked during the traditional period, they would be dark, dingy and dirty. You have to romanticize it a little bit and take more of a theatrical approach." The Excalibur has 3,981 rooms, spread across four 28-story towers built out in a square footprint. The resort originally opened with 4,032 rooms, making it
1353-586: The same roof. In 1983, Circus Circus purchased the Edgewater Hotel and Casino in Laughlin, Nevada for $ 17 million. The next year, the company bought the neighboring Colorado Belle casino from Advanced Patent Technology and John Fulton for $ 4 million. The company planned to move the unprofitable Colorado Belle to make room for an expansion of the Edgewater. The group subsequently developed
1394-469: The three, Excalibur is considered the low-budget property. The Excalibur included 17 restaurants upon opening. In 1997, the resort added the Steakhouse at Camelot, which would go on to become a Zagat award winner. At that time, it also included the second-largest buffet in Las Vegas, seating more than 1,300. In 1998, the Excalibur announced a partnership with World Championship Wrestling to open
1435-400: Was chosen in September 2003. The tower opened on December 17, 2003. On June 4, 2004, one of Mandalay's largest competitors, MGM Mirage , announced a bid to acquire it for $ 68 per share plus assumption of debt. The stock closed at $ 60.27 per share on June 4. Although the proposal was announced after the close of trading on June 4, the volume of trading in Mandalay Resort Group stock on that day
1476-558: Was completed on April 26, 2005 for $ 7.9 billion. MGM executives were confident that antitrust regulators would not require the sale of any of the two companies' properties. Michigan law, however, forbade one company from owning multiple casinos, requiring the sale of either the MGM Grand Detroit or Mandalay's 54% stake in the MotorCity Casino . After some vacillation about which property to sell, Mandalay accepted
1517-693: Was inspired particularly by Neuschwanstein Castle in Germany. Trademark experts were hired to avoid replicating the castle designs at Disneyland and Disney World . The Excalibur's medieval architecture includes stone turrets , and a moat and drawbridge. Yates-Silverman handled the interior design. The firm conducted library research into castles and also visited such buildings in Europe, in addition to film studios. According to Michael Erickson, design director at Yates-Silverman: "We were basically looking for
1558-494: Was quadruple the normal, with the stock closing at $ 60.27 per share. The ensuing negotiations between the two companies included at one point an announcement that the Mandalay board was rejecting the offer because of antitrust concerns. On June 15, 2004, however, both companies' boards approved a revised offer of $ 71 per share. The agreement called for MGM Mirage to pay $ 4.8 billion and to assume $ 2.5 billion in debt. The transaction
1599-479: Was rebranded in 1997 as Gold Strike Tunica and given a more upscale theme. The total cost for the remodel was estimated to be $ 125 million. On March 20, 1995, Circus Circus Enterprises announced that it had agreed to acquire Gold Strike Resorts , a closely held budget casino owner and operator based in Jean, Nevada , in a deal valued at more than $ 600 million. At the time of the acquisition, Gold Strike Resorts owned
1640-507: Was replaced a month later by a revamped version known as Tournament of Kings . More than $ 2 million was spent to update the show and remodel the arena. Both shows were created by the French-born producer Peter Jackson, who died shortly before Tournament of Kings was launched. His son, Patrick Jackson, took over as producer. Tournament of Kings incorporates pyrotechnics and various stunt work, including sword fights. As of 2008,
1681-415: Was selected from more than 33,000 names. It is named after King Arthur 's mythical Excalibur sword. Groundbreaking for the Excalibur took place on October 7, 1988. Marnell Corrao Associates served as the general contractor . The $ 290 million resort opened on June 19, 1990, receiving 30,000 visitors on its first day. The Excalibur was among new entertainment-oriented megaresorts to open on