Pamela Anderson Buys Luxury Las Vegas Condo

Pamela Anderson is the new owner of a condo in a $1 billion luxury high rise in Las Vegas.

The developer of the building, Laurence Hallier, says the actress bought a 2-bedroom penthouse that has views of the Las Vegas Strip. He adds that similar condos in the building sell for $2 million.

The Associated Press reports that actors Tobey Maguire and Leonardo DiCaprio are also rumored to have bought units in Panorama Towers.Hallier says Anderson's condo is not expected to be completed until the end of 2008.

He says, "She lives in Malibu. So for now she's fine."

Yvonne Lee - All Headline News