EXHIBIT 23(e)

                       CONSENT OF INDEPENDENT ACCOUNTANTS


     We hereby consent to the incorporation by reference in this Registration
Statement on Form S-8 of our report dated January 11, 2002 relating to the
financial statements of Elgin Riverboat Resort-Riverboat Casino for the year
ended December 31, 2001, which appears in Amendment No. 1 on Form 10-K/A to the
Annual Report of Mandalay Resort Group on Form 10-K for the year ended January
31, 2001. We also consent to the reference to us under the heading "Experts" in
such Registration Statement.

/s/ PricewaterhouseCoopers LLP

Chicago, Illinois
December 5, 2002