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Meanwhile, another Sloan pick, casino operator Circus Circus Enterprises--now trading under the new name Mandalay Resort Group (NYSE: MBG)--has languished as Wall Street has cast doubts on a recent construction boom on Las Vegas' famed Strip. Companies with large casino operations include MGM Mirage, Harrah Entertainment, and Mandalay Resort Group. Fitch downgraded the ratings of MGM on April 25, 2005 following the close of its acquisition of Mandalay Resort Group. |
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