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MANDALAY GROUP SUFFERS SLIGHT DECLINE

Aug 24, 2001 8:08 PM

Mandalay Resort Group reported a slight decline in earnings per share, making $.41 as compared to $.50 at the same period last year.

The group blamed sharply higher utility costs and a soft holiday period for the rise in operating results.

Cash flow at Luxor, Excalibur, Circus Circus-Las Vegas and Monte Carlo were all down from a similar period last year.