CVG reports it has a "cast iron source" claiming This is Vegas has finally been buried out in the desert somewhere. The title was under development at Surreal Software for Midway before the publisher folded. The property was then scooped up by Warner Bros. Interactive, but apparently met its (inevitable) conclusion when the developer was quietly shut down in June.
The site's source estimates Midway spent around $43 million on the project before it was sold to WB, elaborating, "The title was on the schedule for release late last year - but still needed another eight months to a year to finish with a studio burn rate of $250,000 per month." We've contacted WBIE for confirmation that This is Vegas really has played its last card and busted out.