Exhibit 10(g)

                      CIRCUS CIRCUS ENTERPRISES, INC.

                          1993 STOCK OPTION PLAN

                 (As Amended and Restated April 25, 1997)


1.  PURPOSES OF THE PLAN

    The purposes of this 1993 Stock Option Plan (the  Plan )
are to enable Circus Circus Enterprises, Inc. (the  Company ) and
its Subsidiaries to attract and retain the services of officers and
other key employees with managerial, professional or supervisory
responsibilities, to retain able consultants and advisors and to
motivate such persons to use their best efforts on behalf of the
Company.

2.  GENERAL PROVISIONS

    2. 1 Definitions

    As used in the Plan:

         (a)   Board of Directors  means the board of
              Directors of the Company

         (b)   Code  means the Internal Revenue Code of
              1986, including any and all amendments
              thereto.

         (c)   Committee  means the committee appointed by
              the Board of Directors from time to time to
              administer the Plan pursuant to Section 2.2.

         (d)   Common Stock  means the Company s Common
              Stock, $.01-2/3 par value.

         (e)   Fair Market Value  means, with respect to a
              specific date, the last reported sale price of
              the Common Stock on the NYSE Composite Tape on
              the date such Fair Market Value is being
              determined, and, in the absence of any sale on
              such day, the Fair Market Value as determined
              in good faith by the Committee on the basis of
              such quotations and other considerations as
              the Committee deems appropriate.

         (f)   Incentive Stock Option  means an option
              granted under the Plan which is intended to
              qualify as an incentive stock option under
              Section 422 of the Code.

         (g)   NYSE  means the New York Stock Exchange.

         (h)   Non-Qualified Stock Option  means an option
              granted under the Plan which is not an
              Incentive Stock Option.

         (i)   Participant  means a person to whom a Stock
              Option has been granted under the Plan.

         (j)   Rule 16b-3  means Rule 16b-3 promulgated
              under the Securities Exchange Act of 1934, as
              amended, or any successor rule.

         (k)   Stock Option  means an Incentive Stock Option
              or a Non-Qualified Stock Option granted under
              the Plan.

         (l)   Subsidiary  means any corporation (other than
              the Company) in an unbroken chain of
              corporations beginning with the Company if, at
              the time of the granting of the Stock Option,
              each of the corporations other than the last
              corporation in the unbroken chain owns 50% or
              more of the total voting power of all classes
              of stock in one of the other corporations in
              such chain.

    2.2  Administration of the Plan

         (a)  The Plan shall be administered by the
              Committee which shall at all times consist of
              two (2) or more persons, each of whom shall be
              a member of the Board of Directors.  To the
              extent possible, and to the extent the Board
              of Directors deems it necessary or
              appropriate, each member of the Committee
              shall be a  Non-Employee Director  (as such
              term is defined in Rule 16b-3) and an  Outside
              Director  (as such term is defined in Treasury
              Regulations Section 1.162-27 promulgated under
              the Code). The Board of Directors may from
              time to time remove members from, or add
              members to, the Committee. Vacancies on the
              Committee, howsoever caused, shall be filled
              by the Board of Directors. The Committee shall
              select one of its members as Chairman, and
              shall hold meetings at such times and places
              as it may determine.

         (b)  The Committee shall have the full power,
              subject to and within the limits of the Plan,
              to: (i) interpret and administer the Plan, and
              Stock Options granted under it; (ii) make and
              interpret rules and regulations for the
              administration of the Plan and to make changes
              in and revoke such rules and regulations (and
              in the exercise of this power, shall generally
              determine all questions of policy and
              expediency that may arise and may correct any
              defect, omission, or inconsistency in the Plan
              or any agreement evidencing the grant of any
              Stock Option in a manner and to the extent it
              shall deem necessary to make the Plan fully
              effective); (iii) determine those persons to
              whom Stock Options shall be granted and the
              number of Stock Options to be granted to any
              person; (iv) determine the terms of Stock
              Options granted under the Plan, consistent
              with the provisions of the Plan; and (v)
              generally, exercise such powers and perform
              such acts in connection with the Plan as are
              deemed necessary or expedient to promote the
              best interests of the Company. The
              interpretation and construction by the
              Committee of any provisions of the Plan or of
              any Stock Option shall be final, binding and
              conclusive.

         (c)  The Committee may act only by a majority of
              its members then in office; however, the
              Committee may authorize any one (1) or more of
              its members or any officer of the Company to
              execute and deliver documents on behalf of the
              Committee.

         (d)  No member of the Committee shall be liable for
              any action taken or omitted to be taken or for
              any determination made by him or her in good
              faith with respect to the Plan, and the
              Company shall indemnify and hold harmless each
              member of the Committee against any cost or
              expense (including counsel fees) or liability
              (including any sum paid in settlement of a
              claim with the approval of the Committee)
              arising out of any act or omission in
              connection with the administration or
              interpretation of the Plan, unless arising out
              of such person s own fraud or bad faith.

    2.3  Effective Date

    The Plan shall become effective upon its adoption by the
    Board of Directors, and Stock Options may be granted upon
    such adoption and from time to time thereafter, subject,
    however, to approval of the Plan by the affirmative vote
    of the holders of a majority of the shares of the Common
    Stock present in person or by proxy and entitled to vote
    at an annual meeting of the shareholders of the Company
    or at a special meeting of the shareholders of the
    Company expressly called for such purposes, or any
    adjournments thereof, within 12 months after the adoption
    of the Plan by the Board of Directors. If the Plan is not
    approved at such annual or special meeting or at any
    adjournments thereof, this Plan and all Stock Options
    previously granted thereunder shall become null and void.

    2.4  Duration

    If approved by the shareholders of the Company, as
    provided in Section 2.3, unless sooner terminated by the
    Board of Directors, the Plan shall remain in effect for
    a period of ten (10) years following its adoption by the
    Board of Directors.

    2.5  Shares Subject to the Plan

    The maximum number of shares of Common Stock which may be
    subject to Stock Options granted under the Plan shall be
    3,000,000. The Stock Options shall be subject to
    adjustment in accordance with Section 4.1, as
    appropriate, and shares to be issued upon exercise of
    Stock Options may be either authorized and unissued
    shares of Common Stock or authorized and issued shares of
    Common Stock purchased or acquired by the Company for any
    purpose. If a Stock Option or portion thereof shall
    expire or is terminated, canceled or surrendered for any
    reason without being exercised in full, the unpurchased
    shares of Common Stock which were subject to such Stock
    Option or portion thereof shall be available for future
    grants of Stock Options under the Plan.

    2.6  Amendments

    The Plan may be suspended, terminated or reinstated, in
    whole or in part, at any time by the Board of Directors.
    The Board of Directors may from time to time make such
    amendments to the Plan as it may deem advisable,
    including, with respect to Incentive Stock Options,
    amendments deemed necessary or desirable to comply with
    Section 422 of the Code and any regulations issued
    thereunder; provided, however, that without the approval
    of the Company s shareholders no amendment shall be made
    which:

         (a)  Increases the maximum number of shares of
              Common Stock which may be subject to Stock
              Options granted under the Plan (other than as
              provided in Section 4.1, as appropriate); or

         (b)  Extends the term of the Plan; or

         (c)  Increases the period during which a Stock
              Option may be exercised beyond ten years from
              the date of grant; or

         (d)  Otherwise materially increases the benefits
              accruing to Participants under the Plan; or

         (e)  Materially modifies the requirements as to
              eligibility for participation in the Plan; or

         (f)  Will cause Stock Options granted under the
              Plan to fail to meet the requirements of Rule
              16b-3.

    Except as otherwise provided herein, termination or
    amendment of the Plan shall not, without the consent of
    a Participant, affect such Participant s rights under any
    Stock Option previously granted to such Participant.

    2.7  Participants and Grants

    Stock Options may be granted by the Committee to (i)
    officers and other full-time salaried employees of the
    Company and its Subsidiaries with managerial,
    professional or supervisory responsibilities and (ii)
    consultants and advisors who render bona fide services to
    the Company and its Subsidiaries, in each case, where the
    Committee determines that such officer, employee,
    consultant or advisor has the capacity to make a
    substantial contribution to the success of the Company.
    The Committee may grant Stock Options to purchase such
    number of shares of Common Stock (subject to the
    limitations of Section 2.5) as the Committee may, in its
    sole discretion, determine. In granting Stock Options
    under the Plan, the Committee, on an individual basis,
    may vary the number of Incentive Stock Options or Non-
    Qualified Stock Options as between Participants and may
    grant Incentive Stock Options and/or Non-Qualified Stock
    Options to a Participant in such amounts as the Committee
    may determine in its sole discretion.

3.  STOCK OPTIONS

    3.1  General

    All Stock Options granted under the Plan shall be
    evidenced by written agreements executed by the Company
    and the Participant to whom granted, which agreement
    shall state the number of shares of Common Stock which
    may be purchased upon the exercise thereof and shall
    contain such investment representations and other terms
    and conditions as the Committee may from time to time
    determine, or, in the case of Incentive Stock Options, as
    may be required by Section 422 of the Code, or any other
    applicable law.

    3.2  Price

    Subject to the provisions of Sections 3.6(d) and 4.1, the
    purchase price per share of Common Stock subject to a
    Stock Option shall, in no case, be less than one hundred
    percent (100%) of the Fair Market Value of a share of
    Common Stock on the date the Stock Option is granted.

    3.3  Period

    The duration or term of each Stock Option granted under
    the Plan shall be for such period as the Committee shall
    determine but in no event more than ten (10) years from
    the date of grant thereof.

    3.4  Exercise

    Subject to Section 4.4, Stock Options may be exercisable
    immediately upon granting of the Stock Option or at such
    other time or times as the Committee shall specify when
    granting the Stock Option. Once exercisable, a Stock
    Option shall be exercisable, in whole or in part, by
    delivery of a written notice of exercise to the Secretary
    of the Company at the principal office of the Company
    specifying the number of shares of Common Stock as to
    which the Stock Option is then being exercised together
    with payment of the full purchase price for the shares
    being purchased upon such exercise. Until the shares of
    Common Stock as to which a Stock Option is exercised are
    issued, the Participant shall have none of the rights of
    a shareholder of the Company with respect to such shares.

    3.5  Payment

    The purchase price for shares of Common Stock as to which
    a Stock Option has been exercised and any amount required
    to be withheld, as contemplated by Section 4.3, may be
    paid:

         (a)  In United States dollars in cash, or by check,
              bank draft or money order payable in United
              States dollars to the order of the Company; or

         (b)  By the delivery by the Participant to the
              Company of whole shares of Common Stock having
              an aggregate Fair Market Value on the date of
              payment equal to the aggregate of the purchase
              price of Common Stock as to which the Stock
              Option is then being exercised or by the
              withholding of whole shares of Common Stock
              having such Fair Market Value upon the
              exercise of such Stock Option; or

         (c)  In the discretion of the Committee, by a
              combination of both (a) and (b) above.

The Committee may, in its discretion, impose limitations,
conditions and prohibitions on the use by a Participant of shares
of Common Stock to pay the purchase price payable by such
Participant upon the exercise of a Stock Option.

    3.6  Special Rules for Incentive Stock Options

    Notwithstanding any other provision of the Plan, the
    following provisions shall apply to Incentive Stock
    Options granted under the Plan:

         (a)  Incentive Stock Options shall only be granted
              to Participants who are employees of the
              Company or its Subsidiaries.

         (b)  To the extent that the aggregate Fair Market
              Value of Common Stock with respect to which
              Incentive Stock Options are exercisable for
              the first time by a Participant during any
              calendar year under this Plan and any other
              Plan of the Company or a Subsidiary exceeds
              $100,000, such Stock Options shall be treated
              as Non-Qualified Stock Options.

         (c)  Any Participant who disposes of shares of
              Common Stock acquired upon the exercise of an
              Incentive Stock Option by sale or exchange
              either within two (2) years after the date of
              the grant of the Incentive Stock Option under
              which the shares were acquired or within one
              (1) year of the acquisition of such shares,
              shall promptly notify the Secretary of the
              Company at the principal office of the Company
              of such disposition, the amount realized, the
              purchase price per share paid upon exercise
              and the date of disposition.

         (d)  No Incentive Stock Option shall be granted to
              a Participant who, at the time of the grant,
              owns stock representing more than ten percent
              (10%) of the total combined voting power of
              all classes of stock either of the Company or
              any parent or Subsidiary of the Company,
              unless the purchase price of the shares of
              Common Stock purchasable upon exercise of such
              Incentive Stock Option is at least one hundred
              ten percent (110%) of the Fair Market Value
              (at the time the Incentive Stock Option is
              granted) of the Common Stock and the Incentive
              Stock Option is not exercisable more than five
              (5) years from the date it is granted.

    3.7  Termination of Employment

         (a)  In the event a Participant s employment by, or
              relationship with, the Company shall terminate
              for any reason other than those reasons
              specified in Sections 3.7(b), (c), (d) or (e)
              hereof while such Participant holds Stock
              Options granted under the Plan, then all
              rights of any kind under any outstanding
              Option held by such Participant which shall
              not have previously lapsed or terminated shall
              expire immediately.

         (b)  If a Participant s employment by, or
              relationship with, the Company or its
              Subsidiaries shall terminate as a result of
              such Participant s total disability, each
              Stock Option held by such Participant (which
              has not previously lapsed or terminated) shall
              immediately become fully exercisable as to the
              total number of shares of Common Stock subject
              thereto (whether or not exercisable to that
              extent at the time of such termination) and
              shall remain so exercisable by such
              Participant for a period of six months after
              termination unless such Stock Option expires
              earlier by its terms. For purposes of the
              foregoing sentence,  total disability  shall
              mean permanent mental or physical disability
              as determined by the Committee.

         (c)  In the event of the death of a Participant,
              each Stock Option held by such Participant
              (which has not previously lapsed or
              terminated) shall immediately become fully
              exercisable as to the total number of shares
              of Common Stock subject thereto (whether or
              not exercisable to that extent at the time of
              death) by the executor or administrator of the
              Participant s estate or by the person or
              persons to whom the deceased Participant s
              rights thereunder shall have passed by will or
              by the laws of descent or distribution, and
              shall remain so exercisable for a period of
              six months after such Participant s death
              unless such Stock Option expires earlier by
              its terms.

         (d)  If a Participant s employment by the Company
              shall terminate by reason of such
              Participant s retirement in accordance with
              Company policies, each Stock Option held by
              such Participant at the date of termination
              (which has not previously lapsed or
              terminated) shall immediately become fully
              exercisable as to the total number of shares
              of Common Stock subject hereto (whether or not
              exercisable to that extent at the time of such
              termination) and shall remain so exercisable
              by such Participant for a period of three
              months after termination, unless the Stock
              Option expires earlier by its terms.

         (e)  In the event the Company terminates the
              employment of a Participant who at the time of
              such termination was an officer of the Company
              and had been continuously employed by the
              Company during the five year period
              immediately preceding such termination, for
              any reason except  good cause  (hereafter
              defined) and except upon such Participant s
              death, total disability or retirement in
              accordance with Company policies, each Stock
              Option held by such Participant (which has not
              previously lapsed or terminated and which has
              been held by such Participant for more than
              six months prior to such termination) shall
              immediately become fully exercisable as to the
              total number of shares of Common Stock subject
              thereto (whether or not exercisable to that
              extent at the time of such termination) and
              shall remain so exercisable for a period of
              three (3) months after such termination unless
              such Stock Option expires earlier by its
              terms. A termination for  good cause  shall be
              deemed to have occurred only if the
              Participant in question (i) is terminated by
              written notice for dishonesty, because of his
              conviction of a felony, or because of his
              violation of any material provision of any
              employment or other agreement with the Company
              or any of its Subsidiaries, or (ii) shall
              voluntarily resign or terminate his employment
              with the Company or any of its Subsidiaries
              under or followed by such circumstances as
              would constitute a breach of any material
              provision of any employment or other agreement
              between him and the Company or any of its
              Subsidiaries, or (iii) shall have committed an
              act of dishonesty not discovered by the
              Company or any of its Subsidiaries prior to
              the cessation of his employment with the
              Company or any of its Subsidiaries, but which
              would have resulted in his discharge if
              discovered prior to such date, or (iv) shall,
              either before or after cessation of his
              employment with the Company or any of its
              Subsidiaries, without the written consent of
              the Company or any of its Subsidiaries, use
              (except for the benefit of the Company or any
              of its Subsidiaries) or disclose to any other
              person any confidential information relating
              to the continuation or proposed continuation
              of the business or any trade secrets of the
              Company or any of its Subsidiaries obtained as
              a result of or in connection with such
              employment, or (v) shall, either before or
              after the cessation of his employment with the
              Company or any of its Subsidiaries, without
              the written consent of the Company or any of
              its Subsidiaries, directly or indirectly, give
              advice to, or serve as an employee, director,
              officer, or trustee of, or in any similar
              capacity with, or otherwise directly or
              indirectly participate in the management,
              operation, or control of, or have any direct
              or indirect financial interest in, any
              corporation, partnership, or other
              organization which directly or indirectly
              competes in any respect with the Company or
              any of its Subsidiaries, or (vi) shall cease
              to be employed by the Company or any of its
              Subsidiaries because of his inability to
              continue as an employee under any law or
              governmental regulation, including any Nevada
              gaming law or regulation, or (vii) shall
              voluntarily resign or terminate his employment
              with the Company or any of its Subsidiaries
              under or followed by such circumstances as
              would have rendered him unable to have
              continued as an employee under any law or
              governmental regulation, including any Nevada
              gaming law or regulation.

    3.8  Effect of Leaves of Absence

    It shall not be considered a termination of employment
    when a Participant is on military or sick leave or such
    other type of leave of absence which is considered a
    continuing intact the employment relationship of the
    Participant with the Company or any of its Subsidiaries.
    In case of such leave of absence, the employment
    relationship shall be deemed to have continued until the
    later of (i) the date when such leave shall have lasted
    ninety days in duration, or (ii) the date as of which the
    Participant s right to reemployment shall have no longer
    been guaranteed either by statute or contract.

4.  MISCELLANEOUS PROVISIONS

    4.1  Adjustments Upon Changes in Capitalization

    In the event of changes to the outstanding shares of
    Common Stock of the Company through reorganization,
    merger, consolidation, recapitalization,
    reclassification, stock split-up, stock dividend, stock
    consolidation or otherwise, or in the event of a sale of
    all or substantially all of the assets of the Company, an
    appropriate and proportionate adjustment shall be made in
    the number and kind of shares as to which Stock Options
    may be granted. A corresponding adjustment changing the
    number or kind of shares and/or the purchase price per
    share of unexercised Stock Options or portions thereof
    which shall have been granted prior to any such change
    shall likewise be made. Notwithstanding the foregoing, in
    the case of a reorganization, merger or consolidation, or
    sale of all or substantially all of the assets of the
    Company, in lieu of adjustments as aforesaid, the
    Committee may in is discretion accelerate the date after
    which a Stock Option may or may not be exercised or the
    stated expiration date thereof. Adjustments or changes
    under this Section shall be made by the Committee, whose
    determination as to what adjustments or changes shall be
    made, and the extent thereof, shall be final, binding and
    conclusive.

    4.2  Non-Transferability

    No Stock Option shall be transferable except by will or
    the laws of descent and distribution, nor shall any Stock
    Option be exercisable during the Participant s lifetime
    by any person other than the Participant or his guardian
    or legal representative.

    4.3  Withholding

    The Company s obligations under this Plan shall be
    subject to applicable federal, state and local tax
    withholding requirements. Federal, state and local
    withholding tax due at the time of a grant or upon the
    exercise of any Stock Option may, in the discretion of
    the Committee, be paid in shares of Common Stock already
    owned by the Participant or through the withholding of
    shares otherwise issuable to such Participant, upon such
    terms and conditions as the Committee shall determine. If
    the Participant shall fail to pay, or make arrangements
    satisfactory to the Committee for the payment, to the
    Company of all such federal, state and local taxes
    required to be withheld by the Company, then the Company
    shall, to the extent permitted by law, have the right to
    deduct from any payment of any kind otherwise due to such
    Participant an amount equal to any federal, state or
    local taxes of any kind required to be withheld by the
    Company.

    4.4  Compliance with Law and Approval of Regulatory
         Bodies

    No Stock Option shall be exercisable and no shares will
    be delivered under the Plan except in compliance with all
    applicable federal and state laws and regulations
    including, without limitation, compliance with all
    federal and state securities laws and withholding tax
    requirements and with the rules of NYSE and of all other
    domestic stock exchanges on which the Common Stock may be
    listed. Any share certificate issued to evidence shares
    for which a Stock Option is exercised may bear legends
    and statements the Committee shall deem advisable to
    assure compliance with federal and state laws and
    regulations. No Stock Option shall be exercisable and no
    shares will be delivered under the Plan, until the
    Company has obtained consent or approval from regulatory
    bodies, federal or state, having jurisdiction over such
    matters as the Committee may deem advisable. In the case
    of the exercise of a Stock Option by a person or estate
    acquiring the right to exercise the Stock Option as a
    result of the death of the Participant, the Committee may
    require reasonable evidence as to the ownership of the
    Stock Option and may require consents and releases of
    taxing authorities that it may deem advisable.

    4.5  No Right to Employment

    Neither the adoption of the Plan nor its operation, nor
    any document describing or referring to the Plan, or any
    part thereof, nor the granting of any Stock Options
    hereunder, shall confer upon any Participant under the
    Plan any right to continue in the employ of the Company
    or any Subsidiary, or shall in any way affect the right
    and power of the Company or any Subsidiary to terminate
    the employment of any Participant at any time with or
    without assigning a reason therefor, to the same extent
    as might have been done if the Plan had not been adopted.

    4.6  Exclusions from Pension Computations

    By acceptance of a grant of a Stock Option under the
    Plan, the recipient shall be deemed to agree that any
    income realized upon the receipt or exercise thereof or
    upon the disposition of the shares received upon exercise
    will not be taken into account as  base remuneration ,
     wages ,  salary  or  compensation  in determining the
    amount of any contribution to or payment or any other
    benefit under any pension, retirement, incentive, profit-
    sharing or deferred compensation plan of the Company or
    any Subsidiary.

    4.7  Abandonment of Options

    A Participant may at any time abandon a Stock Option
    prior to its expiration date. The abandonment shall be
    evidenced in writing, in such form as the Committee may
    from time to time prescribe. A Participant shall have no
    further rights with respect to any Stock Option so
    abandoned.

    4.8  Severability

    If any of the terms or provisions of the Plan conflict
    with the requirements of Rule 16b-3, then such terms or
    provisions shall be deemed inoperative to the extent they
    so conflict with the requirements of Rule 16b-3.

    4.9  Interpretation of the Plan

    Headings are given to the Sections of the Plan solely as
    a convenience to facilitate reference, such headings,
    numbering and paragraphing shall not in any case be
    deemed in any way material or relevant to the
    construction of the Plan or any provision hereof. The use
    of the masculine gender shall also include within its
    meaning the feminine. The use of the singular shall also
    include within its meaning the plural and vice versa.

    4.10 Use of Proceeds

    Funds received by the Company upon the exercise of Stock
    Options shall be used for the general corporate purposes
    of the Company.

    4.11 Construction of Plan

    The place of administration of the Plan shall be in the
    State of Nevada, and the validity, construction,
    interpretation, administration and effect of the Plan and
    of its rules and regulations, and rights relating to the
    Plan, shall be determined solely in accordance with the
    laws of the State of Nevada.