Exhibit 21

Subsidiaries of the Company

Set forth below is information concerning the Company's (MRG) subsidiaries and their respective ownership.

|Name                                          |  | Jurisdiction
and Form   |  | Percentage
of Ownership
|--------------------------------------------- |  | ----------------------- |  | -----------------------
|Circus Circus Casinos, Inc.(1)                |  | Nevada corporation      |  | 100% MRG               
|Slots-A-Fun, Inc.(2)                          |  | Nevada corporation      |  | 100% MRG               
|Edgewater Hotel Corporation(3)                |  | Nevada corporation      |  | 100% MRG               
|Colorado Belle Corp.(4)                       |  | Nevada corporation      |  | 100% MRG               
|New Castle Corp.(5)                           |  | Nevada corporation      |  | 100% MRG               
|Ramparts, Inc.(6)                             |  | Nevada corporation      |  | 100% MRG               
|Circus Circus Mississippi, Inc.(7)            |  | Mississippi corporation |  | 100% MRG               
|Mandalay Corp.(8)                             |  | Nevada corporation      |  | 100% MRG               
|Mandalay Development                          |  | Nevada corporation      |  | 100% MRG               
|Ramparts International ("RI")                 |  | Nevada corporation      |  | 100% MRG               
|Galleon, Inc.("GI")                           |  | Nevada corporation      |  | 100% MRG               
|M.S.E. Investments, Incorporated ("MSE")      |  | Nevada corporation      |  | 100% MRG               
|Last Chance Investments, Incorporated ("LCI") |  | Nevada corporation      |  | 100% MRG               
|Goldstrike Investments, Incorporated ("GSI")  |  | Nevada corporation      |  | 100% MRG               
|Diamond Gold, Inc. ("DGI")                    |  | Nevada corporation      |  | 100% MRG               
|Oasis Development Company, Inc. ("ODC")       |  | Nevada corporation      |  | 100% MRG               
|Circus Circus Michigan, Inc.("CCM")           |  | Michigan corporation    |  | 100% MRG               
|Mandalay Place                                |  | Nevada corporation      |  | 100% MRG               
|Railroad Pass Investment Group ("RPIG")(9)    |  | Nevada partnership      |  | 70% MSE                
|                                              |  |                         |  | 20% LCI                
|                                              |  |                         |  | 10% GSI                
|Jean Development Company ("JDC")(10)          |  | Nevada partnership      |  | 40% MSE                
|                                              |  |                         |  | 40% LCI                
|                                              |  |                         |  | 20% GSI                
|Jean Development West ("JDW")(11)             |  | Nevada partnership      |  | 40% MSE                
|                                              |  |                         |  | 40% LCI                
|                                              |  |                         |  | 12% GSI                
|                                              |  |                         |  | 8% DGI                 
|Gold Strike Fuel Company                      |  | Nevada partnership      |  | 162/3% MSE             
|                                              |  |                         |  | 162/3% LCI             
|                                              |  |                         |  | 162/3% GSI             
|                                              |  |                         |  | 50% ODC                
|Jean Fuel Company West                        |  | Nevada partnership      |  | 40% MSE                
|                                              |  |                         |  | 40% LCI                
|                                              |  |                         |  | 12% GSI                
|                                              |  |                         |  | 8% ODC                 
|Nevada Landing Partnership ("NLP")            |  | Illinois partnership    |  | 40% MSE                
|                                              |  |                         |  | 40% LCI                
|                                              |  |                         |  | 5% GSI                 
|                                              |  |                         |  | 15% DGI                
|Gold Strike L.V. ("GSLV")                     |  | Nevada partnership      |  | 52% MSE                
|                                              |  |                         |  |                        

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|                                  |  |                                    |  | 39% LCI  
|--------------------------------- |  | ---------------------------------- |  | ---------
|                                  |  |                                    |  | 6.5% GSI 
|                                  |  |                                    |  | 2.5% DGI 
|Other Interests:                  |  |                                    |  |          
|Circus and Eldorado Joint Venture |  | Nevada partnership                 |  | 50% GI   
|Detroit Entertainment, L.L.C.     |  | Michigan limited liability company |  | 53.5% CCM
|Elgin Riverboat Resort            |  | Illinois partnership               |  | 50% NLP  
|Victoria Partners                 |  | Nevada partnership                 |  | 50% GSLV 

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|Note: | We have omitted subsidiaries which, when considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary at the end of the year covered by this report, as defined in Rule 1-02
(w) of Regulation S-X.
|----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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