LAS VEGAS, May 22 /PRNewswire-FirstCall/ -- Mandalay Resort Group (NYSE:MBG) will announce its first quarter earnings on May 29, 2003.

The company will conduct a conference call via telephone and Webcast on May 29, at 1:30 p.m. Pacific Time. The call will be broadcast live via the internet at www.CCBN.com. A recording of the conference call will be available on the company's website at www.mandalayresortgroup.com from 3:30 p.m. Pacific Time on May 29, 2003 through 3:30 p.m. Pacific Time on June 3, 2003. Those parties interested in listening to the conference call via telephone should dial 212-346-7495. A telephone replay of the conference call will be available beginning at 3:30 p.m. Pacific Time on May 29, 2003, and ending at 3:30 p.m. Pacific Time on June 3, 2003. To access the rebroadcast, please dial 800-633-8284 for domestic calls or 402-977-9140 for international calls and enter code 21144939.

Mandalay Resort Group owns and operates 11 properties in Nevada: Mandalay Bay, Luxor, Excalibur, Circus Circus, and Slots-A-Fun in Las Vegas; Circus Circus-Reno; Colorado Belle and Edgewater in Laughlin; Gold Strike and Nevada Landing in Jean and Railroad Pass in Henderson. The company also owns and operates Gold Strike, a hotel/casino in Tunica County, Mississippi. The company owns a 50% interest in Silver Legacy in Reno, and owns a 50% in and operates Monte Carlo in Las Vegas. In addition, the company owns a 50% interest in and operates Grand Victoria, a riverboat in Elgin, Illinois, and owns a 53.5% interest in and operates MotorCity in Detroit, Michigan.

Source: Mandalay Resort Group