The castle theme was conceived by company founder William Bennett, and the resort was designed by Veldon Simpson. The $290 million property was developed by Circus Circus Enterprises. Property features include a 92,389 sq ft (8,583.2 m 2) casino, a 28-story hotel with 3,981 rooms, and various restaurants. The resort features a medieval castle theme and is named after King Arthur's mythical Excalibur sword. It is owned by Vici Properties and operated by MGM Resorts International.