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Circus Circus Enterprises Inc., the casino company which hit the jackpot with the budget-conscious family market, has further strengthened its niche by agreeing to acquire Gold Strike Resorts, in a transaction valued at more than $600 million.
Gold Strike Resorts is a closely-held budget casino owner and operator with its headquarters in Jean, Nev. The Gold Strike Resorts holding company operates the Gold Strike and Nevada Landing casinos in Jean and the Railroad Pass in Henderson.
Las-Vegas-based Circus owns three large hotel-Casino resort there: Luxor, Excalibor and Circus Circus-Las Vegas. It also recently purchased the Hacienda hotel-casino in Las Vegas and operates casinos in Reno and Laughlin, Nev.; a riverboat casino in Tunica County, Miss., and...