They were then acquired in 2005 by MGM Mirage (later named MGM Resorts International) as part of its buyout of Mandalay. The two properties became part of the Gold Strike Resorts family of companies, which was acquired in 1995 by Circus Circus Enterprises (later named Mandalay Resort Group). After it did better business than expected, a sister property, the Nevada Landing Hotel and Casino, was developed on the other side of the freeway and opened in 1989. The Gold Strike was opened in December 1987 by Dave Belding and two other partners who owned the original Gold Strike Hotel near Boulder City. The property is planned to be demolished and replaced with an industrial park. It had 811 rooms, several restaurants, and 40,006 square feet (3,716.7 m 2) of gaming space. It was owned and operated by JETT Gaming from 2015 until its closure. Terrible's Hotel & Casino, formerly the Gold Strike Hotel and Gambling Hall, is a defunct casino hotel in Jean, Nevada, approximately 13 mi (21 km) north of the California state line, and about 32 miles (51 km) south of Downtown Las Vegas. For other uses, see Gold Strike (disambiguation). 'Gold Strike Hotel and Gambling Hall' redirects here.