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On July 15, 2004, the Las Vegas Monorail service began running about 4 miles between MGM Grand and the Sahara reaching 50 miles per hour in approximately 14 minutes for $3.00 or less each way. There are 7 pick up and drop off stations. The Las Vegas monorail system is scheduled to be expanded to run all the way downtown in the future. There are also currently 2 free trams operating on the Las Vegas Strip, one between the Mirage and Treasure Island and the other between Mandalay Bay and the Excalibur.