I believe it didn't go out of business, it was just taken off the map to make way for other tourism and hospitality developments in the area.

I spent many good yesteryear memories here, they had that Thunderbolt, those bumper cars, mini buggies and a 3D Simulator (which often used to be out-of-order, but lucky if it was working during your visits), etc. We don't have such level of entertainment city here now, at least not on the outdoors yet. Good days those were...