Libertyland's executive officers have recommended closing the amusement park that once thrilled Elvis Presley and his entourage but in recent years has become a financial drain. The closing could become official today when the board of directors and certificate holders meet to vote.
"We've been losing money for several years," Rick Winchester, board president and an executive officer, said Wednesday. "I think the only way we could really turn it around was to put capital improvement dollars into a new ride or rides. And that's something we can't do because of where we are with our lease."
A week before his death, Elvis rents Libertyland for a night and rides his favorite coaster, the Zippin Pippin, nonstop.
Source: Google / Updated: Nov 3, 2005