Mr Belding was previously a senior executive and co-founder of Mandalay Resort Group, which was acquired by MGM Resorts, Inc for US$7.8 billion in June 2005. Mr Belding also co-founded Gold Strike Resorts, a hotel and casino operator, which he developed from 1977 to 1995, when it merged with Circus Circus Enterprises. He was a founder and director of First Independent Bank of Nevada and served on the Board from 1995 to 2004. Mr Belding serves as a board member of various community and civic organisations, including UNLV, where he has sat on the Board of Trustees since 1992. He also served as a director of the Whittier Trust Company from 1998 to 2008.