By Adam S. Levy - Breaking Celebrity News Staff Writer

The wait(s) is over: Paris Hilton is once again single.

The sexy socialite appeared on Tuesday's edition of Lopez Tonight, confirming suspicions she'd broken up with her boyfriend of more than a year, Las Vegas club promoter Cy Waits.

"We're not together anymore," Hilton said to thunderous applause from the studio audience. "I love him, and we remain really good friends ... I just feel like the relationship ran its' course."

Prior to her revelation, George Lopez played a clip of Hilton's show in which she and Waits argued in a club, which climaxed with Paris giving Cy a slap that would have made Zsa Zsa Gabor proud. (See it below.)

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