Has the New Frontier been sold? According to a tip submitted in one of our comments by regular poster LStern, it seems as if this may be the case.
According to this article, the purchase price could have been as high as $1.5 billion - $40 million an acre!
This hopefully means the end of the Montreaux project that was slated for the site - it was a horrific take on Bellagio's design with all sorts of bizarre design choices.
Anyway, we'll update you as we learn more.
Update: Whoops. Forgot to post the link (thanks Tim).