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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported) November 14, 2003

MANDALAY RESORT GROUP
(Exact Name of Registrant as specified in its charter)

Nevada
(State or other jurisdiction
of incorporation)
1-8570
(Commission
File Number)
88-0121916
(IRS Employer
Identification No.)

3950 Las Vegas Boulevard South, Las Vegas, Nevada 89119
(Address of Principal Executive Offices)

Registrant's telephone number, including area code (702) 632-6700



(Former Name or Former Address, if Changed Since Last Report)





INFORMATION INCLUDED IN THIS REPORT

Item 5.    Other Events and Required FD Disclosure.

        This report is being filed solely for the purpose of filing the press release included as an exhibit to this report.

Item 7.    Financial Statements, Pro Forma Financial Information and Exhibits.



Signature

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

         
    MANDALAY RESORT GROUP
         
         
Dated: November 14, 2003   By:   /s/  LES MARTIN      
Vice President, Chief Accounting Officer
and Treasurer


Index to Exhibits

No.
  Description
99   Press Release dated November 14, 2003



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INFORMATION INCLUDED IN THIS REPORT
Signature
Index to Exhibits