Rumours are spread that there are plans to build a complete new resort in Las Vegas, completely Elvis themed. It is a fact that a 38-acre property, just across the Mandalay Bay resort, is recently bought by FX Luxury, a company that is affiliated with Elvis-owner CFX. Although the rumours are not confirmed, a spokesman for FX Luxury says: "Elvis was the embodiment of Las Vegas and, in all surveys, is the entertainer most associated with Las Vegas."