SECURITIES AND EXCHANGE COMMISSION
                   Washington, D.C.  20549
                              
                          FORM 8-K
                       CURRENT REPORT
                              
               Pursuant to Section 13 or 15(d)
           of the Securities Exchange Act of 1934
                              
      Date of Report (Date of earliest event reported)
                        May 23, 1996
                              
                              
                              
                MIRAGE RESORTS, INCORPORATED
____________________________________________________________
   (Exact name of registrant as specified in its charter)
                              
      Nevada                 1-6697           88-0058016
____________________________________________________________
(State or other juris-    (Commission     (I.R.S. Employer
diction of incorporation)  File Number)  Identification No.)

3400 Las Vegas Boulevard South, Las Vegas, Nevada    89109
____________________________________________________________
(Address of principal executive offices)          (Zip Code)


Registrant's telephone number, including area code:  
(702) 791-7111


_____________________________________________________________
(Former name or former address, if changed since last report)
                              
<PAGE>                              
      
Item 5.   OTHER EVENTS.

          (a)  Two-for-One Stock Split
          
               On May 23, 1996, the Board of Directors of
               the Registrant declared a two-for-one split
               of the Registrant's authorized, issued and
               outstanding Common Stock, which became
               effective at the close of business on June
               17, 1996, the record date for the split.
               Certificates representing the additional
               shares resulting from the split will be
               mailed on July 1, 1996 to stockholders
               entitled thereto.  As a result of the split,
               the par value of the Registrant's Common
               Stock was reduced from $0.008 per share to
               $0.004 per share, and the aggregate stated
               capital of the Registrant was not affected.
               
          (b)  Atlantic City Joint Venture
          
               On May 29, 1996, the Registrant, through a
               wholly owned subsidiary, formed a joint
               venture (the "Joint Venture") with a wholly
               owned subsidiary of Boyd Gaming Corporation
               ("Boyd") to develop, own and operate a hotel-
               casino resort and related facilities (the
               "Project") in the Marina area of Atlantic
               City, New Jersey.  Each partner owns a 50%
               capital and profits interest in the Joint
               Venture.  The Project, which is currently
               anticipated to cost approximately
               $500,000,000 (including the value of the land
               to be contributed to the Joint Venture by the
               Registrant) is planned to be one component of
               a multi-facility casino-based entertainment
               development to be master-planned by the
               Registrant on the 150-acre "Huron North
               Redevelopment Area" property (the "Huron
               North Property") which the Registrant intends
               to acquire from the City of Atlantic City.
               Pursuant to the Joint Venture Agreement (the
               "JV Agreement"), Boyd's subsidiary will
               supervise the design, development and
               construction of the Project and will manage
               and operate the Project, without fee.
               
               Development of the Project is contingent upon
               the satisfaction of various conditions,
               including without limitation the approval by
               the State of New Jersey of funding for
               certain major roadway improvements in the
               Marina area of Atlantic City, the receipt of
               suitable debt financing by the Joint Venture
                                   2
<PAGE>
               and the receipt of all necessary regulatory
               approvals.  Assuming that such conditions are
               satisfied, as to which there can be no
               assurance, construction of the Project is
               anticipated to commence after substantial
               completion of environmental remediation of
               the Huron North Property and is expected to
               take approximately 24 months to complete.
               
               For further information concerning the Joint
               Venture, reference is made to the text of the
               JV Agreement, which is filed as an exhibit to
               this Form 8-K and is incorporated herein by
               reference.
               
          (c)  Agreement with Circus Circus Enterprises, Inc.

               On May 30, 1996, the Registrant entered into
               an agreement (the "Circus Agreement") with
               Circus Circus Enterprises, Inc. ("Circus")
               which provides for the Registrant to transfer
               to Circus a portion of the Huron North
               Property, comprising at least 30 acres,
               suitable for Circus to develop thereon a
               hotel-casino resort containing approximately
               2,000 guest rooms in an architectural format
               that conforms to a master plan for the Huron
               North Property designed by the Registrant.
               While the Registrant will act as master-
               developer for the Huron North Property, the
               Registrant will own no interest in the
               project to be developed by Circus, which will
               be located adjacent to the Registrant's
               planned wholly owned resort.  Transfer of the
               property to Circus is subject to the
               Registrant's determination to proceed with
               the development of the Huron North Property,
               which is subject to the satisfaction of a
               number of conditions.  Circus's ability to
               proceed with its planned development is also
               subject to its obtaining the requisite gaming
               and other licenses and approvals from state
               and local authorities.  Assuming that these
               conditions are satisfied, as to which there
               can be no assurance, Circus anticipates that
               it could begin construction some time in
               1997, with an anticipated 24-month
               construction period.
               
               For further information concerning the Circus
               Agreement, reference is made to the text of
               the Circus Agreement, which is filed as an
               exhibit to this Form 8-K and is incorporated
               herein by reference.
               
                                 3
  <PAGE>
  Item 7.   FINANCIAL STATEMENTS AND EXHIBITS.

            (c)  Exhibits

          99.1 Joint Venture Agreement of Stardust A.C.,
               dated as of May 29, 1996, between MAC, CORP. 
               and Grand K, Inc. (without exhibit).  
               Incorporated by reference to Exhibit 10.1 to 
               the Current Report on Form 8-K of Boyd Gaming 
               Corporation (Commission File No. 1-12168) 
               dated June 7, 1996.
               
          99.2 Letter agreement, dated May 30, 1996, between
               the Registrant and Circus Circus Enterprises,
               Inc. ("Circus").  Incorporated by reference
               to Exhibit 10(a) to the Quarterly Report on
               Form 10-Q of Circus (Commission File No. 1-
               8570) for the fiscal quarter ended April 30,
               1996.
                                 4
  <PAGE>
  
                          SIGNATURES
                              

Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly
authorized.



                              MIRAGE RESORTS, INCORPORATED
                              (Registrant)



Date:  June 25, 1996          By:  BRUCE A. LEVIN
                                   BRUCE A. LEVIN
                                   Vice President and
                                   General Counsel
                                 5
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{"company-data": {"conformed-name": "MIRAGE RESORTS INC", "cik": "0000042246", "assigned-sic": "7990", "irs-number": "880058016", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-06697", "film-number": "96585804"}, "business-address": {"street1": "3260 SOUTH INDUSTRIAL ROAD", "city": "LAS VEGAS", "state": "NV", "zip": "89109", "phone": "7027917111"}, "mail-address": {"street1": "3400 LAS VEGAS BOULEVARD SOUTH", "city": "LAS VEGAS", "state": "NV", "zip": "89109"}, "former-company": {"former-conformed-name": "GOLDEN NUGGET INC", "date-changed": "19910813"}}
SECURITIES AND EXCHANGE COMMISSION
                   Washington, D.C.  20549
                              
                          FORM 8-K
                       CURRENT REPORT
                              
               Pursuant to Section 13 or 15(d)
           of the Securities Exchange Act of 1934
                              
      Date of Report (Date of earliest event reported)
                        May 23, 1996
                              
                              
                              
                MIRAGE RESORTS, INCORPORATED
____________________________________________________________
   (Exact name of registrant as specified in its charter)
                              
      Nevada                 1-6697           88-0058016
____________________________________________________________
(State or other juris-    (Commission     (I.R.S. Employer
diction of incorporation)  File Number)  Identification No.)

3400 Las Vegas Boulevard South, Las Vegas, Nevada    89109
____________________________________________________________
(Address of principal executive offices)          (Zip Code)

Registrant's telephone number, including area code:  
(702) 791-7111

_____________________________________________________________
(Former name or former address, if changed since last report)
Item 5.   OTHER EVENTS.

          (a)  Two-for-One Stock Split
          
               On May 23, 1996, the Board of Directors of
               the Registrant declared a two-for-one split
               of the Registrant's authorized, issued and
               outstanding Common Stock, which became
               effective at the close of business on June
               17, 1996, the record date for the split.
               Certificates representing the additional
               shares resulting from the split will be
               mailed on July 1, 1996 to stockholders
               entitled thereto.  As a result of the split,
               the par value of the Registrant's Common
               Stock was reduced from $0.008 per share to
               $0.004 per share, and the aggregate stated
               capital of the Registrant was not affected.
               
          (b)  Atlantic City Joint Venture
          
               On May 29, 1996, the Registrant, through a
               wholly owned subsidiary, formed a joint
               venture (the "Joint Venture") with a wholly
               owned subsidiary of Boyd Gaming Corporation
               ("Boyd") to develop, own and operate a hotel-
               casino resort and related facilities (the
               "Project") in the Marina area of Atlantic
               City, New Jersey.  Each partner owns a 50%
               capital and profits interest in the Joint
               Venture.  The Project, which is currently
               anticipated to cost approximately
               $500,000,000 (including the value of the land
               to be contributed to the Joint Venture by the
               Registrant) is planned to be one component of
               a multi-facility casino-based entertainment
               development to be master-planned by the
               Registrant on the 150-acre "Huron North
               Redevelopment Area" property (the "Huron
               North Property") which the Registrant intends
               to acquire from the City of Atlantic City.
               Pursuant to the Joint Venture Agreement (the
               "JV Agreement"), Boyd's subsidiary will
               supervise the design, development and
               construction of the Project and will manage
               and operate the Project, without fee.
               
               Development of the Project is contingent upon
               the satisfaction of various conditions,
               including without limitation the approval by
               the State of New Jersey of funding for
               certain major roadway improvements in the
               Marina area of Atlantic City, the receipt of
               suitable debt financing by the Joint Venture
                                   2
and the receipt of all necessary regulatory
               approvals.  Assuming that such conditions are
               satisfied, as to which there can be no
               assurance, construction of the Project is
               anticipated to commence after substantial
               completion of environmental remediation of
               the Huron North Property and is expected to
               take approximately 24 months to complete.
               
               For further information concerning the Joint
               Venture, reference is made to the text of the
               JV Agreement, which is filed as an exhibit to
               this Form 8-K and is incorporated herein by
               reference.
               
          (c)  Agreement with Circus Circus Enterprises, Inc.

               On May 30, 1996, the Registrant entered into
               an agreement (the "Circus Agreement") with
               Circus Circus Enterprises, Inc. ("Circus")
               which provides for the Registrant to transfer
               to Circus a portion of the Huron North
               Property, comprising at least 30 acres,
               suitable for Circus to develop thereon a
               hotel-casino resort containing approximately
               2,000 guest rooms in an architectural format
               that conforms to a master plan for the Huron
               North Property designed by the Registrant.
               While the Registrant will act as master-
               developer for the Huron North Property, the
               Registrant will own no interest in the
               project to be developed by Circus, which will
               be located adjacent to the Registrant's
               planned wholly owned resort.  Transfer of the
               property to Circus is subject to the
               Registrant's determination to proceed with
               the development of the Huron North Property,
               which is subject to the satisfaction of a
               number of conditions.  Circus's ability to
               proceed with its planned development is also
               subject to its obtaining the requisite gaming
               and other licenses and approvals from state
               and local authorities.  Assuming that these
               conditions are satisfied, as to which there
               can be no assurance, Circus anticipates that
               it could begin construction some time in
               1997, with an anticipated 24-month
               construction period.
               
               For further information concerning the Circus
               Agreement, reference is made to the text of
               the Circus Agreement, which is filed as an
               exhibit to this Form 8-K and is incorporated
               herein by reference.
               
                                 3
Item 7.   FINANCIAL STATEMENTS AND EXHIBITS.

            (c)  Exhibits

          99.1 Joint Venture Agreement of Stardust A.C.,
               dated as of May 29, 1996, between MAC, CORP. 
               and Grand K, Inc. (without exhibit).  
               Incorporated by reference to Exhibit 10.1 to 
               the Current Report on Form 8-K of Boyd Gaming 
               Corporation (Commission File No. 1-12168) 
               dated June 7, 1996.
               
          99.2 Letter agreement, dated May 30, 1996, between
               the Registrant and Circus Circus Enterprises,
               Inc. ("Circus").  Incorporated by reference
               to Exhibit 10(a) to the Quarterly Report on
               Form 10-Q of Circus (Commission File No. 1-
               8570) for the fiscal quarter ended April 30,
               1996.
                                 4
SIGNATURES
                              

Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly
authorized.

                              MIRAGE RESORTS, INCORPORATED
                              (Registrant)

Date:  June 25, 1996          By:  BRUCE A. LEVIN
                                   BRUCE A. LEVIN
                                   Vice President and
                                   General Counsel
                                 5