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MGM Resorts To Charge For Parking

A big part of the Las Vegas Strip will soon slash away its most basic freebie: parking.

MGM Resorts International will announce Friday that it will become the first major casino company to start charging visitors for parking this year.

Most of the casino giant's properties will charge $10 or less for overnight self-parking. They are Mandalay Bay, Delano, Luxor, Excalibur, Monte Carlo, New York-New York, Vdara, Aria, Bellagio, The Mirage and MGM Grand.

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The move could bring in millions of dollars of revenue each year and change the landscape of the tourism hotspot that's increasingly catering to visitors who come for other pricey attractions besides gambling.

The charges will begin this spring, coinciding with the April opening of the company's T-Mobile Arena.

MGM also will build a nine-story parking garage and improve existing ones.