LAS VEGAS (AP) — Wynn Resorts is buying the site once occupied by the New Frontier casino-hotel on the Las Vegas Strip.
The company this week announced it will pay $336 million for 38 acres.
The site is across from the company’s Wynn Las Vegas and Encore casino-hotels and is near the Trump hotel and Fashion Show Mall.
Wynn Resorts in a statement says the “future development” will draw more visitors to the north end of the Strip, but it did not provide any details.
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The New Frontier, where Elvis Presley first performed in Las Vegas in 1956, was imploded in 2007 to make way for a project meant to mimic the Plaza Hotel in New York City. That project fell through, and so did another hotel proposed by an Australian company.