According to the Las Vegas Leisure Guide there will shortly be an announcement as follows:

Although plans for the New Frontier implosion which was

considered for July 4th, are confirmed to have been put on

indefinite hold due to law suit issues regarding the building of

the new San Francisco themed casino (see below for details)

there are distant (g)rumblings of another, entirely unexpected,

property going up for sell and likely under the wrecking ball in

the historic downtown area, real soon. We can't name names

at this time, but it starts with the letter "F"... On the up side, a

new casino may be going up in Pahrump, NV on the rather

infamous property, now under new ownership, where the late

Ted Binion's secret vault was buried, presumably after they

clear all the police lines. Vague rumors say someday you'll be

able to visit the now famous vault as a part of the new venue