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I was expecting this. Prices are down as much as $250 for New Year's Eve.
See: http://alanbestbuys.com/id444.html
About six weeks ago, Bellagio showed "sold out" on it's website for NYE but in the last couple of days its prices dropped along with most other casinos.
There are some bigger price cuts for December 30th.
Alan, in addition to this, I was checking prices three weeks ago, and for the first time, the days immediately following New Year's eve were more expensive than the same days a week later. Historically, the three/four days after New Year's have been either the cheapest or the second cheapest bracket of days of the year. But now it's shifted ahead a week, possibly due to the weekend nature of New Year's.