According to a source close to website CVG, Midway’s open-world action/gambling romp This is Vegas has been shelved after accumulating a reported $43 USD million in development costs.
The title was sold to Warner alongside a plethora of Midway’s other assets after the publisher ran in to severe financial difficulties last year. The game was scheduled for release on PS3, PC and Xbox 360 platforms.
The source commented, "Midway spent in the region of $43 million up to the point when it was being sold to WB"
"It was moving along to a point where 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," it added.
It’s worth pointing out that an official announcement on the game’s fate has yet to be made, so stay tuned for further updates as we get them.