content: 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):  August 3, 1998
  
  
                         CIRCUS CIRCUS ENTERPRISES, INC.                 
            (Exact name of Registrant as specified in its charter)
  
  
  
         Nevada                   1-8570                88-0121916       
      (State or other        (Commission file         (IRS Employer
      jurisdiction of             number)           Identification No.)
      incorporation)
  
  
  
            2880 Las Vegas Boulevard South, Las Vegas, Nevada  89109     
                      (Address of principal executive offices)
  
  
  
  Registrant's telephone number, including area code:  702-734-0410
  
  
  
  
  
  
  
  
  
                   INFORMATION TO BE INCLUDED IN THIS REPORT
  
  Item 5.   Other Events.
  
       This report is being filed solely for the purpose of
  providing an updated description of the Company's Mandalay Bay
  project.
  
       In the Spring of 1997, the Company commenced construction of
  Mandalay Bay, a 43-story, hotel-casino resort which will have
  approximately 3,700 rooms and approximately 135,000 square feet
  of gaming space.  The resort, which is expected to be completed
  in the first quarter of 1999, will be situated on approximately
  60 acres of land just south of Luxor.  Mandalay Bay's attractions
  are planned to include an 11-acre tropical lagoon featuring a
  sand-and-surf beach, a three-quarter-mile lazy river ride, a
  30,000-square-foot spa and other entertainment attractions. 
  Inside, Mandalay Bay will offer internationally renowned
  restaurants, as well as a House of Blues nightclub and
  restaurant, including its signature Foundation Room sited on
  Mandalay Bay's rooftop, and 100 "music-themed" hotel rooms in
  Mandalay Bay's towers.
  
       Within Mandalay Bay and as part of its 3,700 rooms, a Four
  Seasons Hotel with approximately 400 rooms will provide Las Vegas
  visitors with a luxury "five-star" hospitality experience.  The
  Four Seasons Hotel, which will be owned by the Company and
  managed by Four Seasons Hotels Limited ("Four Seasons"),
  represents the first step pursuant to the Company's cooperative
  effort with Four Seasons to identify strategic opportunities for
  development of hotel and casino properties worldwide.  The cost
  of Mandalay Bay, including the Four Seasons Hotel but excluding
  the land, is currently estimated at approximately $850 million.
  
       During the course of construction, Mandalay Bay's hotel
  tower has experienced settling which has exceeded the level
  contemplated in the building's original design and the amount of
  settling has been greater in some portions of the structure than
  others.  The Company has retained geotechnical, structural
  engineering and foundation consultants who are evaluating the
  situation and have recommended remedial measures which are in the
  initial stages of implementation.  Completion of the recommended
  remedial measures is not expected to delay the opening of
  Mandalay Bay or materially increase the cost of the project. 
  However, until such remedial measures are completed and evaluated
  and the ongoing evaluation of the site is concluded, there can be
  no assurances that further corrective measures will not be
  required or, if additional measures are required, as to the cost
  of such measures or their impact, if any, on the scheduled
  completion and opening of Mandalay Bay.
  
       Mandalay Bay is the latest phase of the Company's
  development of over 230 acres of land it owns at the south end of
  the Las Vegas Strip which runs from Tropicana Avenue south
  approximately one mile to Russell Road ("Masterplan Mile").  As
  part of its development plan for Masterplan Mile, the Company is
  constructing a 125,000-square-foot convention facility and a
  12,000-seat arena.  These facilities are expected to be completed
  and opened concurrently with Mandalay Bay, and will represent
  core components of Masterplan Mile which will be cross-marketed
  to guests at the Company's existing and future hotel-casinos
  within Masterplan Mile.  The estimated cost of the convention
  facility and arena is approximately $100 million.
  
       The Company also plans to construct a monorail system which
  will link the Company's resorts on Masterplan Mile.  Furthermore,
  the Company is planning a "Sea of Predators" aquarium exhibit
  which will likewise represent a core component of Masterplan
  Mile.  Both the monorail and the Sea of Predators exhibit are
  anticipated to be completed after the opening of Mandalay Bay. 
  The cost of these additional Masterplan Mile core components is
  estimated at approximately $75 million.  The Company may add
  other core components to its development plan for Masterplan Mile
  in the future.
  
  
                                  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.
  
                                 CIRCUS CIRCUS ENTERPRISES, INC.
  
  
  
  
                                 By:MICHAEL S. ENSIGN            
                                    Michael S. Ensign
                                    Chairman of the Board,          
                                    Chief Executive Officer and
                                    Chief Operating Officer
  
  
  Dated:  August 3, 1998
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text: 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):  August 3, 1998
  
                         CIRCUS CIRCUS ENTERPRISES, INC.                 
            (Exact name of Registrant as specified in its charter)
  
         Nevada                   1-8570                88-0121916       
      (State or other        (Commission file         (IRS Employer
      jurisdiction of             number)           Identification No.)
      incorporation)
  
            2880 Las Vegas Boulevard South, Las Vegas, Nevada  89109     
                      (Address of principal executive offices)
  
  Registrant's telephone number, including area code:  702-734-0410
  
                   INFORMATION TO BE INCLUDED IN THIS REPORT
  
  Item 5.   Other Events.
  
       This report is being filed solely for the purpose of
  providing an updated description of the Company's Mandalay Bay
  project.
  
       In the Spring of 1997, the Company commenced construction of
  Mandalay Bay, a 43-story, hotel-casino resort which will have
  approximately 3,700 rooms and approximately 135,000 square feet
  of gaming space.  The resort, which is expected to be completed
  in the first quarter of 1999, will be situated on approximately
  60 acres of land just south of Luxor.  Mandalay Bay's attractions
  are planned to include an 11-acre tropical lagoon featuring a
  sand-and-surf beach, a three-quarter-mile lazy river ride, a
  30,000-square-foot spa and other entertainment attractions. 
  Inside, Mandalay Bay will offer internationally renowned
  restaurants, as well as a House of Blues nightclub and
  restaurant, including its signature Foundation Room sited on
  Mandalay Bay's rooftop, and 100 "music-themed" hotel rooms in
  Mandalay Bay's towers.
  
       Within Mandalay Bay and as part of its 3,700 rooms, a Four
  Seasons Hotel with approximately 400 rooms will provide Las Vegas
  visitors with a luxury "five-star" hospitality experience.  The
  Four Seasons Hotel, which will be owned by the Company and
  managed by Four Seasons Hotels Limited ("Four Seasons"),
  represents the first step pursuant to the Company's cooperative
  effort with Four Seasons to identify strategic opportunities for
  development of hotel and casino properties worldwide.  The cost
  of Mandalay Bay, including the Four Seasons Hotel but excluding
  the land, is currently estimated at approximately $850 million.
  
       During the course of construction, Mandalay Bay's hotel
  tower has experienced settling which has exceeded the level
  contemplated in the building's original design and the amount of
  settling has been greater in some portions of the structure than
  others.  The Company has retained geotechnical, structural
  engineering and foundation consultants who are evaluating the
  situation and have recommended remedial measures which are in the
  initial stages of implementation.  Completion of the recommended
  remedial measures is not expected to delay the opening of
  Mandalay Bay or materially increase the cost of the project. 
  However, until such remedial measures are completed and evaluated
  and the ongoing evaluation of the site is concluded, there can be
  no assurances that further corrective measures will not be
  required or, if additional measures are required, as to the cost
  of such measures or their impact, if any, on the scheduled
  completion and opening of Mandalay Bay.
  
       Mandalay Bay is the latest phase of the Company's
  development of over 230 acres of land it owns at the south end of
  the Las Vegas Strip which runs from Tropicana Avenue south
  approximately one mile to Russell Road ("Masterplan Mile").  As
  part of its development plan for Masterplan Mile, the Company is
  constructing a 125,000-square-foot convention facility and a
  12,000-seat arena.  These facilities are expected to be completed
  and opened concurrently with Mandalay Bay, and will represent
  core components of Masterplan Mile which will be cross-marketed
  to guests at the Company's existing and future hotel-casinos
  within Masterplan Mile.  The estimated cost of the convention
  facility and arena is approximately $100 million.
  
       The Company also plans to construct a monorail system which
  will link the Company's resorts on Masterplan Mile.  Furthermore,
  the Company is planning a "Sea of Predators" aquarium exhibit
  which will likewise represent a core component of Masterplan
  Mile.  Both the monorail and the Sea of Predators exhibit are
  anticipated to be completed after the opening of Mandalay Bay. 
  The cost of these additional Masterplan Mile core components is
  estimated at approximately $75 million.  The Company may add
  other core components to its development plan for Masterplan Mile
  in the future.
  
                                  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.
  
                                 CIRCUS CIRCUS ENTERPRISES, INC.
  
                                 By:MICHAEL S. ENSIGN            
                                    Michael S. Ensign
                                    Chairman of the Board,          
                                    Chief Executive Officer and
                                    Chief Operating Officer
  
  Dated:  August 3, 1998