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Mandalay Bay, developed by Circus Circus, opened March 2, 1999, with a price tag of $950 million – almost as much as it cost to build both the Luxor and Excalibur. The resort has 3,211 rooms and a 135,000-square-foot casino. Its convention center is the nation's fifth largest, with 1.7 million square feet. It also has a 12,000-seat arena.
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