<PAGE>
EXHIBIT 23.3
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the use of our
report included in this registration statement and to the incorporation by
reference in this registration statement of our report dated February 22, 2000
included in Mandalay Resort Group's Annual Report on Form 10-K for the year
ended January 31, 2000, and to all references to our Firm included in or made a
part of this Form S-4 registration statement.
/s/ ARTHUR ANDERSEN LLP
Las Vegas, Nevada
August 24, 2000