Mandalay selling in Vegas - 2004-03-05
Why in the world are insiders continuing to sell Mandalay Resort Group? OK, its casino operations are a bit tough around the edges, but Mandalay just continues to keep getting hotter where it counts -- the Las Vegas Strip.
In the just-reported fourth quarter, operating cash flow from Strip properties surged 25% over last year, fuelled by an impressive 22% rise in revenue per available room (REVPAR) at its hotels.
Read the full story at The Motley Fool via Yahoo! News