This is Vegas reportedly cancelled, or how to spend $50,000,000 on absolutely nothing

If you ever wanted more evidence as to how Midway went the way of the Dodo bird, here it is. A “cast iron source” with knowledge of the inner workings of WB Interactive has spilled the beans on the cancellation of This is Vegas.

After spending three years in development, the open-world sandbox title has allegedly been cancelled and as of this June developer Surreal Studios’ doors shuttered, with its staff dispersed to other internal WB studios such as Monolith and Snowblind.

That’s not so surprising given nobody has heard a peep about the game in what seems like years. What is surprising is just how much was spent on the game. The source claims that Midway spent a whopping $43 million on the project before going under, while WBI spent millions more trying to salvage the game after inheriting it, but eventually pulled the plug. The total damage is estimated to be over $50 million, which the source would call “a ridiculous waste of money.”

No comment from Warner as to the validity of these claims.